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BANK OF SCOTLAND IN £10 MILLION CO-VENTURE WITH AIRTOURS

News, 25 September 2000


The Bank of Scotland is setting up a new company called mytravelco in a £10 million venture with Airtours.

The enterprise will offer financial services to Airtours’ six million customers. These include a credit card with an introductory rate of 5.9% for six months (thereafter rising to 17.9%) and a loyalty point system.

Other plans include personal loans and savings products.

News source: The Times (London)