Halifax and Bank of Scotland, the banking
brands of HBoS, are launching their first
'mobile' credit card for students.
Developed by mobile technology firm Incentivated, students will be able to control their credit card account through their mobile phones.
The service will allow students to choose their credit limit up to £500, along with receiving free weekly balance reminders on Friday mornings, and monthly text alerts to remind them when the minimum paymentis required.
It will be advertised throughout branches and online.
Ken Stannard, head of Halifax Credit Cards, said: "Our new text service will allow students to monitor and control their finances more closely as well as giving them the convenience of using a credit card.
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