Credit cards with a conscience

Last week saw one of the largest credit card companies, American Express, urging the holders of credit card to spend as " have a conscience. " As part of National Giving week, which took place between 16 -22 October 2006, American Express has been promoting its card RED. A RED series, created by U2 frontman, Bono, and the chairman of the DATA (Debt AIDS Trade Africa), Bobby Shriver, was created to raise awareness and money for the Global Fund by teaming up with some of the icons of the world more brands, order to produce (PRODUCT) RED. The percentage of each product sold is donated to the Global Fund and the money is directed to help women and children affected by HIV / AIDS in Africa. The American Express RED card aims to give 1% of its total expenditure to the Global Fund to help fight AIDS in Africa, on the other hand, if your total expenditure exceeds 5000, the amount donated increases to 1.25%. Over the last year, the power of (product) RED has been confirmed as many other banks have created similar credit cards; Barclays Charity Card, for example, offers conditions very similar to the RED card, but also donate a first 5 If associate. Many charity credit cards also donate to a number of charities, not just the Global Fund, for example, Cancer Care, Marie Curie, Save the Children and Samaritans all benefit from such schemes donation. The profile of charity credit cards has increased dramatically over 2006, with more and more people opt for choosing credit cards that will donate to charity on their behalf every time they spend. Research conducted by American Express shows that the number of consumers " " consciousness in society has been increasing, with an estimated one in three people wanting to use the power of the pocket " to " donate to charity and make a difference. Kate Harris, vice president of the United Kingdom from partnerships American Express, commented: " This research shows that many credit card holders are still not getting anything back for their expenses, but making a small change to its portfolio, which could make a big difference collectively to good causes. " So if you want to update your regular credit card to a charity credit card, there are a variety of options available to you, depending on the type of charity that I would give in to the amount of money that D & 39; you want to donate every month. Overall, charity credit cards would suit you better if you have a good credit history, are over 21 and not a student, have a regular income, and you have a permanent address in the United Kingdom. However, if for some reason you do not qualify to charities credit - for example, if you do not have a good credit history - then be sure that projects like (RED) will always find another way for you to donate to charity while you spend. rowena trinidad



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