W1B-020 Belfast business 4-7.txt
18th August 1994

Dr Ron B Deane 26 Parkhill Rd. Belfast

Dear Dr Deane First Trust Visa Card - 3 new features, 3 ways to win At First Trust Bank we are constantly striving to improve the services available to our Visa Cardholders and we are delighted to announce that from 23rd September we will be able to offer you three new facilities in addition to a reduction in the interest rate plus a chance to win one of 10 weekends for two in London.

• Transfer of balances

If you currently use other credit or store cards why not transfer any balances outstanding to your First Trust Visa Card allowing you to make one monthly repayment rather than two or three smaller ones? The enclosed leaflet details the simple procedure you have to follow.

• Cheque writing facility

First Trust Visa Card now offers you the ability to pay for goods and services from your Visa Card account using your own personalised Visa cheques - an ideal way to pay household bills or using in shops and stores that do not accept credit cards.

• Direct Debit Option

Forgetting to make your payments on time will be a thing of the past. Monthly Direct Debit repayments ensure that you receive the full credit period and are never late with your payment.

The enclosed leaflet explains how you have up to 3 ways to win one of 10 weekends for two in London.

Yet another way to win

To help us help you, I would ask you to take a couple of moments to complete the enclosed Customer Service questionnaire thereby giving you yet another opportunity to enter our London Weekend Competition. An entry form is included in the questionnaire.

And we are reducing our interest rate.

We are reducing our interest rate from 1.95% per month (APR 26.00%) to 1.87% per month (APR 24.9%) per month from 23rd September. For cash advances, the new APR will be 26.7%.

We are also introducing a change in the method of calculating interest on our Visa Card. From 23rd September 1994 interest on purchases will be calculated from the date that transactions are debited to your account, while interest on cash advances will be calculated from the statement date. In the case of cash advances a 1.5% transaction charge on the amount withdrawn will apply (subject to a minimum of £ 1.50 per transaction). A summary of the changes and a copy of your new terms and conditions are enclosed.

First Trust Visa Cardolders, who repay their accounts in full by the payment due date detailed on the monthly statement, will not incur any interest in that month. The interest free credit period of up to 56 days remains unchanged, and there is still no annual fee for your First Trust Visa Card.

At First Trust Bank, our goal is to provide you with a personal customer service, that is locally based putting you the customer first. I hope that you will take advantage of our new services and in the process win one of our London Weekend breaks.

If you require any further information please do not hesitate to contact our Customer Services staff telephone (0232) 241822.

Yours sincerely CF Healy Head of Card Retailer Services
