Morgan Stanley, in partnership with MasterCard, has launched its ‘ultra premium’ i24 best rate credit card.
The i24 Card offers one per cent cash back on all purchases and doesn’t charge a foreign exchange fee.
Additional features for the cardholder who has everything include a 24/7 concierge service providing ‘discovery’ and ‘recovery’ functions.
These promise to arrange everything from forgotten anniversary presents to restaurant bookings and even finding a translator at 04:00 am on the other side of the world.
Card holders will be able to access to over 450 airport lounges through the priority pass membership, comprehensive multi trip travel insurance, emergency travel assistance and an additional card for partners and family members.
To compare credit cards, the i24 offers a best rate of 13.9 per cent on purchases. The typical APR is a rather scary 57.8 per cent, based largely on the annual £275 fee factored into a notional £1,500 of credit as required under the Consumer Credit Act.
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