21/08/2001

EasyJet founder to launch new credit card

The founder of the low cost airline Easyjet, Stelios Haji-Ionnou is to introduce a new credit card called Easymoney.

The credit card is expected to differ from other card’s as customers will be able to personalise their credit conditions by choosing between different deals. Varying levels of interest rates, cash back offers and annual fees be made available. The card may also offer points for EasyJet customers, or those using other ‘Easy’ services.

The company aims to sell 75,000 cards per annum.

Stelios Haji-Ionnou’s latest endeavour is a joint venture with the direct lender London Scottish Bank and credit card company Accucard.

The card is due to be launched in September while the joint venture will also offer personal loans. (CD)

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