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Pru Life, bank launch new credit card

LIFE insurer Pru Life UK on Tuesday launched the Pru Life UK credit card in partnership with Robinsons Bank and Mastercard.

In a statement, Pru-Life said the co-branded card has two variants — the classic and platinum MasterCard — that provide cardholders with a free annual membership fee for the first year. Also, succeeding annual membership fees are waived when the Pru Life UK policy premium is enrolled in auto-charge facility; zero-percent installment for three months on drugstores and hospital bills with a minimum transaction of P3,000 and maximum of P50,000 per year; and discounts and deals on active lifestyle and health and wellness products.