press release Date: 02 February 2011 Pages: 1 of 3 No: 252 Forces Financial enters new territory with a bespoke Armed Forces credit card Forces Financial has teamed up with fellow Armed Forces financial services provider Close Brothers Private Banking (CBPB) to introduce a credit card designed solely for members of UK Forces. The partnership is alone in providing this bespoke credit card service to new customers, and is committed to a knowledgeable and responsible approach to lending that delivers benefits that meet the unique demands of military lifestyles. For instance, as many customers are frequent overseas travellers, the cards carry features that specifically reduce the cost of foreign transactions. These include commission free purchases abroad and on foreign websites*, and three months interest free on Forces Travel bookings made using the credit card. Every application is manually underwritten by experienced financial specialists with a thorough understanding of the requirements of Forces personnel. Servicemen and women applying for a credit card can be confident they will be rated on the merits of their individual circumstances and, unlike the experience of many dealing with main high street lenders, will not find themselves discriminated against for having a BFPO address. press release The Silver CBPB credit card carries a typical APR of 21.9% variable, whilst Officer Cadets and those with an annual income above £30,000 are invited to apply for a Gold card (typical APR 16.9% variable). Both credit cards carry the following features: Commission free purchases abroad and on foreign websites* 0% APR typical for the first three months on travel and holiday bookings made through Forces Travel using the credit card First Call membership – the Emergency Support Service Active Fraud Prevention Free credit for up to 56 days, if the card is paid off in full each month Protection for all purchases over £100 and under £30,000 provided by Section 75 of the Consumer Credit Act 1974 CBPB is a division of Close Brothers Military Services Limited and strong bonds already exist between the two military specialists, as well as a number of shared customers. The partnership promises to provide a very personal service that is sympathetic to the unique circumstances of it’s customers, driven by a responsible and prudent approach to lending, based on over 30 years combined experience of this market. To apply for a CBPB credit card customers should go online at www.forcesfinancial.com to complete and submit a credit card application form. Alternatively they can visit one of Forces Financial’s branches in Germany, Cyprus or the UK. ENDS * Visa or MasterCard may charge a conversion fee on the transaction value press release Notes for Editors Forces Financial provides insurance, travel and banking products for serving and retired members of the UK Police and Armed Forces, the MOD and their families. These products include important additional benefits valued by the Forces, but not readily available from High Street insurance companies. Further information may be found at www.forcesfinancial.com There is no annual fee for a CBPB credit card, and they are accepted in 24 million outlets worldwide. Cash can be withdrawn from 563,000 ATMs around the world, in local currency, and there is access to a 24/7 balance enquiry service. The credit cards charge an ATM fee of 2% or £3 minimum for each transaction, and the balance transfer rate 2.9% APR for 6 months with a 3% fee. Contact Details For further information or an interview with a spokesperson, please contact Claire Ford Tel: 01747 820077 Mobile: 07881 910026 Email: email@example.com www.r3group.com Forces Financial is a trading name of Stuart Harvey Insurance Brokers Limited who is authorised and regulated by the Financial Services Authority. Registration number 301858. Registered Office: Globe House, 24 Turret Lane, Ipswich, Suffolk, IP4 1DL This article is constructed to the meet the regulatory requirements of the Financial Services Authority in respect of financial promotions. Any amendments made in advance of release by the editor are done so without the prior approval of Stuart Harvey Insurance Brokers Limited, trading as Forces Financial. orces Financial.
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