Arab Today, arab today cancer charity loses out as bank ends credit card deal
Last Updated : GMT 23:36:22
Arab Today, arab today
Arab Today, arab today

Cancer charity loses out as bank ends credit card deal

Arab Today, arab today

Arab Today, arab today Cancer charity loses out as bank ends credit card deal

London - Arabstoday

Halifax and Bank of Scotland charity credit cards will be withdrawn from the end of February. Lloyds Banking Group which manages the card schemes says they are no longer a cost-effective way of donating to charity. In 2009 the cards raised around £1.1m for Cancer Research UK, the NSPCC and the Scottish SPCA. The charities say they are disappointed with the decision, but hope to explore other opportunities with the bank. The Cancer Research UK donation credit card was launched 23 years in 1988 and the NSPCC card was first issued 17 years ago. The Scottish SPCA card has been available for 15 years. The cards have raised £14.5m ($22.8m) for Cancer Research UK and £500,000 ($786,000) for Scottish SPCA. Baroness Finlay, vice chair of the all-party parliamentary group on cancer, urged Lloyds Banking Group to think of other ways to help the charities which will lose out: The timing of it doesn\'t seem very sensitive given there\'s all the furore around bonuses” End Quote Baroness Finlay All-party group on cancer Speaking to Radio 4\'s Money Box programme, she said: \"The timing of it doesn\'t seem very sensitive given there\'s all the furore around bonuses. \"I think a bank which can produce that amount of additional money to give large bonuses has to look very hard at whether it should be giving back to the society on which it depends for its business.\" Until now, charities have earned a one-off donation when their associated card is first used, typically around £20. Then, in a similar way to credit card cash-back schemes, donations are made each time a cardholder makes a transaction - typically between 0.25-0.5% of the total sum spent. Not cost-effective One card holder who contacted Money Box is unhappy with the change. John from Worcester told the programme: \"I\'m very disappointed because Cancer Research UK is a charity which is very close to my heart. Hear the full report on Radio 4\'s Money Box on Saturday, 28 January at 12:00 GMT or download the podcast \"My primary reason for having the credit card was that by having the card I was supporting the charity. \"Presumably the money that was being donated will in future be pocketed by Lloyds Banking Group - hardly an example of UK banking showing a more socially-responsible attitude.\" Lloyds Banking Group said it was committed to charitable giving, but the charity credit cards had had their time. In a statement the bank said: \"Following a recent review, which noted the limited demand for charity cards in recent years, we have decided that we will no longer offer a charity credit card. \"It was no longer proving to be a cost-effective method of donating to charity.\" It was no longer proving to be a cost effective method of donating to charity” End Quote Lloyds Banking Group Just two years ago, the Cancer Research UK credit card won an industry award and was praised by Lloyds Banking Group in 2009 in its corporate responsibility report: \"We won Best Charity Card Programme at the Card Awards in 2010 for our Halifax Cancer Research UK charity card. \"The charity credit card has now delivered £13m in royalty donations to support the great work done by Cancer Research UK to save lives and achieve their vision to beat cancer,\" the report said. A NSPCC spokesperson told the BBC: \"HBOS has been a supporter of the NSPCC for many years. We have been very happy with our partnership and we are exploring what other opportunities there are for us to work together in the future.\" Cancer Research UK said: \"While it\'s disappointing that the partnership has come to an end, we would like to thank all Halifax and Bank of Scotland staff and customers who have supported us over the years.\" Scottish SPCA said: \"We are disappointed Bank of Scotland have withdrawn their Scottish SPCA charity credit card. \"Our card was widely used by our supporters and the partnership raised more than £50,000 in 2011 and has raised over £500,000 over the past 15 years.\" The cards are to be replaced by standard Halifax or Bank of Scotland alternatives. Lloyds Banking Group said it will remain committed to charitable giving  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cancer charity loses out as bank ends credit card deal Arab Today, arab today cancer charity loses out as bank ends credit card deal

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today 17.4 million tourists visit UAE in 2016

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Reasons for the delay 'On the Stairs of Servants'

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday