KEY POINTS:
The Warehouse has launched a low interest credit card which will charge customers as little as 2.99 per cent interest for the first six months.
The Warehouse Low Interest MasterCard is also offering an introductory rate of 5.99 per cent interest on balances tranferred from other cards.
Cardholders will incur just 2.99 per cent interest on purchases made at The Warehouse in the first six months.
Ed Hayes, general manager of The Warehouse Financial Services, said Kiwis were increasingly using credit cards as an integral part of everyday life. "We are pleased to be able to offer a payment product that will meet the needs of New Zealanders and also provide genuine interest rate savings," he said.
The retailer and MasterCard also offer The Warehouse Value MasterCard, a rewards-based card programme, which they launched in 2001.
- NZHERALD STAFF