South Wales Echo

Gold credit card for the seriously minted

- JILLIAN MCMATH Reporter echo.newsdesk@walesonlin­e.co.uk

THE Royal Mint has produced its first debit card – and it’s made out of solid gold.

The 18-carat Mastercard is available to customers with Raris accounts – but they come with a hefty price tag.

Account holders will need to fork out £18,750 for the precious metal card, which will have the account holder’s name and signature engraved onto the front.

But outside of the initial costs, there are no other charges attached to the account and no special criteria account holders must meet to get one, those behind it said.

The design was introduced for those “who value high-quality luxury items that make a statement”, the Llantrisan­tbased Mint said.

Royal Mint chief executive Anne Jessopp added: “The Royal Mint is constantly innovating, and, as the UK’s leading precious metals solutions provider, we are hugely excited to launch the solid gold Raris card in acknowledg­ement of growing consumer demands for unique and luxury payments cards.

“In associatio­n with Mastercard and Accomplish Financial, Raris – the first payment card manufactur­ed by the Royal Mint – is a combinatio­n of over 1,100 years of Royal Mint craftsmans­hip with tomorrow’s payment technology.”

The cards are hallmarked by the Goldsmiths’ Company Assay Office and use source-traceable metals, certified under the Responsibl­e Jewellery Council’s Chain of Custody.

Customers cannot use them to borrow as the funds come straight out of their account when they spend, but they do come with a number of benefits.

It’s not yet been revealed when the new gold card will be available to customers.

 ?? Standard Media Wales competitio­n rules apply see www.walesonlin­e.co.uk/rules This break is provided by Via Holiday and financiall­y protected under ATOL licence 11226. Includes hand luggage only. No cancellati­ons or changes once booked. Dates subject to av ??
Standard Media Wales competitio­n rules apply see www.walesonlin­e.co.uk/rules This break is provided by Via Holiday and financiall­y protected under ATOL licence 11226. Includes hand luggage only. No cancellati­ons or changes once booked. Dates subject to av
 ?? ROYAL MINT ?? An 18-carat solid gold debit card produced by the Royal Mint, costing £18,750
ROYAL MINT An 18-carat solid gold debit card produced by the Royal Mint, costing £18,750

Newspapers in English

Newspapers from United Kingdom