Petition · HM Treasury

Create a Government Credit Card Service

Open for signatures 11 signatures

What the petition asks

Government should create a credit service and issue credit cards at reduced rates for UK citizens
Credit Cards charge a high rate of APR on average. Many people clear their card monthly, while others pay high interest payments each month amount to billions. The Government could sell UK Bonds to raise funds to clear existing citizen debt and issue their card at a rate of 12% (or a 1/3 of the current rate). The Bonds should be sold at 4%, making the Government profit, and the remaining money saved would be spent into the economy

Timeline

19 Aug 2026 Petition opened for signatures

Key facts

Signatures 11
Status Open for signatures
Department HM Treasury
Opened 19 Aug 2026

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Source: the official petition page. Last checked 20 Aug 2026.