Setting straight credit card rate

Could I please draw your attention to an inaccuracy in a recent news story concerning the entry of People’s Bank to the UK credit-card market “US bank takes on marketer to oversee credit card launch” (MW April 12).

At the tail end of the story you say MBNA offers a card with an APR of 15.9 per cent.

The rate offers is in fact 18.9 per cent APR. In February of this year, RBS Advanta launched a credit card with an APR of 15.9 per cent and has since reduced the rate to 15.6 per cent.

Your coverage of events in the UK credit-card market is, in general, excellent.

I should therefore be grateful if you could advise the author of the article so that this uncharacteristic slip is not repeated.

M H Austin

Planning & development manager

RBS Advanta


The author has been advised. Ed

Latest from Marketing Week


Access Marketing Week’s wealth of insight, analysis and opinion that will help you do your job better.

Register and receive the best content from the only UK title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work. The more we know about our visitors, the better and more relevant content we can provide for them. And, yes, knowing our audience better helps us find commercial partners too. Don't worry, we won't share your information with other parties, unless you give us permission to do so.

Register now


Our award winning editorial team (PPA Digital Brand of the Year) ask the big questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.


From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we are your guide.


Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Having problems?

Contact us on +44 (0)20 7292 3703 or email

If you are looking for our Jobs site, please click here