Intelligent Finance credit card launched

The new Intelligent Finance credit card is available now to all customers, offering a flat rate of typical 8.9 per cent APR.

The rate applies to cash withdrawals, purchases and balance transfers and customers will also benefit from a 59-day grace period following a purchase.

Nick Robinson, managing director at Intelligent Finance, said: "Our new card is designed for people who want a clear, simple and transparent card with a competitively low flat rate."

He went on to say that the card was launched in response to the growing demand amongst consumers for standard rate cards.

The Intelligent Finance credit card also has no annual charge and is available to new and existing customers.