- Mint (credit cards)
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Mint Credit Cards is an online financial services brand and part of the Royal Bank of Scotland Groups Retail - Direct Channels Division. The Mint credit card was introduced as a replacement for the RBS Advanta card.
Mint are known mainly as an online provider of credit cards, but also offer a variety of personal finance products
Contents
Mint products
Mint offers insurance for cars and homes, unsecured loans and credit cards to UK customers.
The Mint MC2 Card
In 2003 Mint introduced the Mint credit card, which by 2004 had taken a 3% share of the UK credit card market.[1] The card was offered as two versions, a standard credit card and the MC2 card which has the bottom right-hand corner removed.
The card cannot be read by a minority of older machines,[2] but does work in all ATMs. This was the first change to the shape of credit cards in the UK for 37 years.[3]
Other Products
Additionally, under the banner of MINT +, Mint offers travel services and a wine club.
MINT Gift Card
In September 2006 MINT launched a pre-paid debit card. Costing an initial fee the card can be prepaid for any amount between £10 to £250. Used in a similar way as the gift vouchers offered by a number of retailers, it is not, however, tied to any one store.[4]
No New Applications
Mint has now stopped taking new application of any kind for credit cards loans and insurance.
References
- ^ "Marketing chief quits RBS post.". Marketing. 2004-08-25. http://www.accessmylibrary.com/coms2/summary_0286-8531091_ITM. Retrieved 2008-06-25.
- ^ "RBS blunder forces firms to reject Mint.". Precision Marketing. 2004-06-25. http://www.accessmylibrary.com/coms2/summary_0286-21986477_ITM. Retrieved 2008-06-25.
- ^ "RBS card division wins innovative ad award". Europe Intelligence Wire. December 31, 2004. http://www.accessmylibrary.com/coms2/summary_0286-18490954_ITM. Retrieved 2008-07-01.
- ^ Papworth, Jill (2006-09-09). "Drastic plastic or a trump card for kids?". The Guardian (London). http://www.guardian.co.uk/money/2006/sep/09/creditcards.debt. Retrieved 2008-06-25.
External links
Royal Bank of Scotland Group Banking: Insurance and Motoring: Churchill Insurance · Devitt Insurance · Direct Line · Finsure · Green Flag · Jamjarcars · Lombard Direct · NIG · Privilege · Tracker · UKI PartnershipsCorporate and Payment Services: RBS Aviation Capital · RBS Securities · RBS WorldPayAnnual Group Revenue: £25.8 billion GBP ( £24.1 billion FY 2008) · Employees: 199,500 · Stock Symbol: LSE: RBS · Website: www.rbs.com Categories:
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