Credit cards Updated:
Nationwide Building Society's Trust Us, Trust You campaign has been recognised at a credit card industry event.The firm was given the award for Most Responsible Credit Card Lending Practices at the annual Card Awards, held in London this month.Under the scheme, Nationwide asks cardholders to trust it to lend responsibly, while consumers are expected to borrow only within their means."It has never been more important for card providers to demonstrate responsible lending practices and we believe our Trust Us, Trust You initiative clearly sets out our commitment," said divisional director Jeremy Wood.The building society was also praised for the clarity of information provided to customers, which could interest those carrying out a credit card comparison.Other awards at the event included Best New Credit Card of the Year, which went to Abbey for its zero per cent balance credit card.It offers the rate on balance transfers as well as purchases for the first six months.
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