Wednesday, February 20, 2008

"Eco" Credit Card

Look, I am not a big fan of credit cards - hence I don't have one. But if you're someone who likes to take advantage of the interest-free periods, they can be handy. And of course, there's bonus rewards the companies give you (in order to entice you further into debt).

But some credit card companies have come up with an alternate idea. Instead of being 'rewarded' with stuff you never wanted in the first place, you can get the company to do something for the planet.

The first one i've seen in Australia is GE Money, with their eco-card. They will suport projects such as reforestation, renewable energy and energy efficiency to the value of 1% of what you spend on the card.

So, while i still think the world would be better without credit cards, if you're gonna have one, it might as well be doing the planet some good.

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