Morgan Stanley has launched a new credit card, but you’re going to have to be earning £70,000 a year to qualify.
The i24 credit card promises 1% cashback and a range of other premium services, such as no foreign exchange fees and access to airport lounges.
Based on the annual £275 fee and a notional £1,500 of credit (as required under the Consumer Credit Act), this credit card charges a whopping 57.8% APR! For deep pockets only then.
Unfortunately, I can’t find a link to a website where you can buy the i24 card, but to be honest that’s probably doing you a favour.
Thanks to Matt in the comments, who gave us the official Morgan Stanley i24 website, and the freephone number 0800 0282 360, should you wish to apply.