APACS hails Brits' £374m in credit card charity

06 June 2005
Charitable donations on cards reached a record £374 million in the UK in the first four months of 2005, according to the Association of Payment and Clearing Services (APACS).

The industry association representing plastic card issuers claims that the value of charitable donations made on cards leapt by a whopping £200 million (116 per cent) compared with the same period of 2004.

The £373.7 million donated to political, social and religious organisations on debit and credit cards from January to April 2005 was boosted by massive donations to both the central Disasters Emergency Committee following the Tsunami and Comic Relief's Red Nose Day, APACS reports.

Thanks to a card industry agreement all charitable contributions to both appeals incurred no credit or debit card charges, ensuring that the amount donated by the cardholder was the amount received by the charity.

Paul Rodford, head of cards policy at APACS, said: "The Great British public pledged an incredible amount of money to both the Tsunami disaster and Red Nose Day and both worthy causes had these sums enhanced thanks to the cards industry pulling together to waive fees on any donations made by debit and credit cards."

To read more about credit cards, click here.

track© DeHavilland Information Services plc