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Jul 21, 2006
Morgan Stanley has
announced a reduction in the default charge on its entire portfolio of credit cards
to £12 before the end of August 2006.
The bank says this
new policy will apply to its entire card line which includes the Goldfish Card,
the Morgan Stanley-branded gold, platinum, buy and fly! MasterCard and the
ultra-premium i24 Card. In addition, the changes will affect branded cards
issued by Morgan Stanley (Liverpool Victoria,
CSMA, Black Horse and Leeds Building Society).
Morgan Stanley says
a notification announcing this change will be sent out to cardholders over the
next few weeks.
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