For avoiding the risk, RBS will permits the credit cards for account holderWith a view to neutralise risk element in the credit card business, RBS has decided that it will be allowing the credit cards for account holders.
By: Lilly Leading British bank has decided that positive response will be given to those applications which are from the current customers of RBS and NatWest. And the Black and Private cards are not supposed to be considered under this move. It seems that this step will boost the consumers because it's clear that a lot of borrowers can switch the liabilities in order to decrease the size of outgoings in presently crunch situation. Royal bank of Scotland offered the market leading balance transfer deal at 0 percent for 15 months under BT brand. According to finance expert of US switch.com Mrs. Louise Bond, this movement does not seem to be the last attempt made by any card holding firm. This type of attempts may be seen in future also. She added that the bank is trying to reduce his risk but at the same time the limitation is also imposed on consumer choice. “It's generally easy to evaluate the credit history of already customer because there are various sources the bank have through which it can be measured, but as concern the new customer, bank can't come to know the spending habits of the customers”, Mrs. Louise Bond said. Same time, RBS spokesman considered it as an attempts to improve the the service that the bank is offering to their customers and helping the account holders, saver and mortgage borrowers. For additional information on the news that is the subject of this release (or for a sample, copy or demo), contact Webmaster or visit : http://www.shakespearefinance.co.uk. End
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