Mint (credit cards)
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
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[edit] Mint products
Mint offers insurance for cars and homes, unsecured loans and credit cards to UK customers.
[edit] 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]
[edit] Other Products
Additionally, under the banner of MINT +, Mint offers travel services and a wine club.
[edit] 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]
[edit] No New Applications
Mint has now[when?] stopped taking new application of any kind for credit cards loans and insurance.[citation needed]
[edit] 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.
[edit] External links
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£24.1 billion 
