A subsidiary of Household International Inc. plans to introduce what it says will be the United Kingdom's first Internet-based credit card.

The card, which has not been given a name, will be issued by HFC Bank PLC in cooperation with Freeserve, the United Kingdom's largest Internet service provider. The companies have signed a five-year deal and said that by yearend they will unveil a service that includes instant credit decisions on on-line applications.

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