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The Co-operative Bank: UK ethical market popularity grows

According to credit card provider the Co-operative Bank, expenditure on ethical goods and services has increased almost three-fold in the past decade.

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30 December 2009

The Co-operative Bank: UK ethical market popularity grows”

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The ethical market in the UK was worth £36 billion last year in comparison to £13.5 billion in 1999.

This news could be of particular interest to those who consider ethical issues when choosing a credit card.

The Co-operative Bank has a customer-led ethical policy and offers a series of credit cards that contribute to good causes for every purchase made.

The Think credit card, for example, allows holders to help protect one-third of an acre of Indonesian rainforest the first time they use the card.

Furthermore, for every £100 spent on the card, 25p is donated to the RSPBs Indonesian Rainforest project.

The typical variable rate on the card is 12.9% APR and there is no annual fee with the card.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9^%
16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable).
	Virgin Credit Card
	20 months	3 months	16.8^%
16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable).
	Barclaycard Platinum with BT
	22 months	3 months	17.5^%
17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable).
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