It also includes a £175 switching incentive on its 1st Account.
Digital bank first direct scrapped its transaction and ATM withdrawal fees on its debit card for spending abroad today. The announcement comes as the bank says it aims to support its customers through the rising cost of living, but also as summer begins.
“Customers can make the most of their travels without worrying about extra charges. We hope this will help people enjoy their hard earnt holiday with extra peace of mind,” said Chris Pitt, CEO at first direct.
The first direct Debit Mastercard is given to those with a 1st Account. This is the bank’s current account option, and it can come with interest-free overdraft and exclusive access to a regular savings account at 7%.
The current account is also running a £175 switching incentive. This is earned once eligible members switch accounts using the Current Account Switch Service (CASS) and deposit at least £1,000 into the account within the first three months.