Nationwide to issue eco-friendly credit and debit cards made from recycled plastic
Nationwide is to issue debit and credit cards made from recycled plastic, in a move it estimates will save 35 tonnes of carbon emissions a year.
The building society, which issues 5.4m cards annually, said it is the first major UK bank or building society to take such a step.
Nationwide, which is the UK’s largest building society, has pledged to eliminate single-use plastics by 2025.
Eco-friendly: Nationwide said it is the first major UK bank or building society to issue cards made from recycled plastic
The cards made from recycled PVC materials will be rolled out from next spring.
They will be issued to current account members first, before being rolled out across Nationwide’s product range. The society said the move is part of a wide focus on sustainability.
Claire Tracey, chief strategy and sustainability officer at Nationwide, said: ‘Our members tell us that, despite the tough times right now, they still want to make the world a greener place.
‘We’ve also set aside £1billion for our members to borrow at a special low interest rate if they want to make their homes greener.’