Institution Reveals A Valuable Trump Card
Newcastle Herald
Tuesday July 25, 2006
HUNTER financial institution Newcastle Permanent has entered the increasingly competitive credit card market.
The building society launched yesterday its own branded credit card, known as Value+. Newcastle Permanent chief executive Fraser Read-Smith said the Visa-backed card was a significant step in the institution's development. Mr Read-Smith said that Value+ enhanced the society's range of products and services."The card has a highly competitive interest rate of 8.99 per cent and an annual fee of just $38," he said."Importantly, the Newcastle Permanent owns the card and processes, and therefore will have control over the terms, conditions and administration."The Value+ card will offer up to 55 days interest free credit on purchases and will have both internet and telephone access around Australia and overseas. Greg Wendt
© 2006 Newcastle Herald
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