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Canada’s first biodegradable credit card has just been introduced by Canada Trust Friends of the Environment Foundation.
The Regular and Gold MasterCard cards are made of a plant-based substance called Biopol. The cards look, feel and work just like any card made of PVC, and rigorous tests have indicated that the card is as durable as one made of plastic. Unlike plastic cards, the Biopol credit card breaks down in the presence of soil, moisture or salt water in a matter of a few months. They can also be cleanly incinerated or conventionally recycled.
Canada Trust will donate, at no cost to the customer, a percentage of the total annual amount that customers spend using their Friends of the Environment Foundation Regular and Gold MasterCards to the Friends of the Environment Foundation Canada Fund. Since 1990, the Canada Trust Friends of the Environment Foundation has contributed more than $13 million in support of more than 7,400 environmental projects in communities across Canada.
The Regular and Gold MasterCards have no annual fee, and an annual interest rate of 17.9% and 15.9% respectively. A special offer during December features a low six-month introductory rate of 7.9%.
Additional information about the Canada Trust Friends of the Environment Foundation MasterCards is available at any Canada Trust branch, by calling 800-409-4424, or by visiting www.canadatrust.com.
