Fisher-Price Inc., the leading manufacturer of toys for infants and preschoolers, has joined with M&T Bank to issue the first cobranded card offering U.S. Savings Bonds as incentives.

The Fisher-Price Visa has no annual fee and an 8.9% interest rate through Dec. 31, after which the rate shifts to prime plus 7.9%. It offers a 25-day interest free grace period.

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