Co-op's Think Credit Card Review

We like:

The card's eco-friendly plastic; the ease of transactions; the low rate on green purchases

We don't like:

That there are simpler ways to help the planet without sinking into the red; that the typical rate on the card is fairly standard if you fail to spend conscientiously

SmartPlanet judgement:

It's great that this credit card helps people go green -- as far as credit cards can do that -- by partnering up with eco stores for discounts and lower interest rates. But after the initial rates wear off (six months) you're back to a standard, not-so-competitive rate.

The Co-op bank, which is widely regarded as the most ethical on the high street, is aiming the 'Think' card at the growing number of ethical consumers who -- according to its research -- have increased the value of 'conscious spending' by an average of 15 per cent a year since the start of the decade. Continue reading...