Published on Monday, June 27, 2011
Lastminute.com has launched a credit card in partnership with MBNA and MasterCard.
The card rewards customers on all card purchases and gives them exclusive offers on travel and lifestyle products.
The lastminute.com card offers cardholders 0% for the first 9 months on all purchases and provides 0% on both balance transfers and money transfers for six months, when made within the first 90 days (handling fee applies 1).
The credit card has a representative rate of 18.9% APR variable.
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The recent insolvency of Low Cost Travel Group, one of the large players in the travel industry had a big impact on the travelers, hotels and all related players from both wholesale & retail arms. There were about 27,000 people on a holiday who had booked through the company comprised of a €200 million wholesale arm and €500 million OTA / retail arm.