First queer cred rd go live | Gay fance | The Guardian

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There have been outstandg stris by Lbian, gay, bisexual and transgenr Amerins toward equaly, but obstacl rema—particularly personal fance.

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Jt Nelson, -founr and print of the Natnal Gay and Lbian Chamber of Commerce (NGLCC), said a bank n be viewed as supportive of LGBTQ+ nsumers if adher to polici, practic, and servic geared toward the LGBTQ+ muny. Gay Bank.

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It also created a Lbian, Gay, Bisexual, Transgenr and Alli Workg Group 2006 to tablish iativ for s muni, ctomers, and employe. There are many bankg products tryg to make fancial servic more accsible, but persistent service gaps n still make the experience loy at bt and discrimatory at worst for some — cludg the at least 20 ln lbian, gay, bisexual, transgenr and queer or qutng adults the U.

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The first cred rd aimed at the gay and lbian muny has been unveiled Queer rd, lnched by webse, allows nsumers to pick their own tert rat, annual fee and shback rewards and will also make a donatn to Stonewall, the gay and lbian lobbyg anisatn, on the first ocsn is rd, which has been veloped by Accurd and backed by Masterrd, is available to apply for onle, which is somethg that appeals to the queer populatn acrdg to Steve Bt of Queerpany. "The rd featur dynamic personalisatn and is very hi-tech, which is somethg that appeals to the highly ter-lerate gay and lbian populatn, " he says.

Inpennt rearch rried out on behalf of Queerpany shows that 52% of the gay and lbian populatn regularly accs the ter pared wh only 32% of the wir addn to this, almost one-third of gay men and lbians nduct their bankg onle and 43% of the queer populatn believe there is a need for a gay iendly bank. "We thk that some straight people will want to take the rd as there is a 'gay is ol' vibe at the moment, " says Mr rd is available two signs, the full Queer rd or the more subtle Q rd, and tails are available onle at the webse listed below.

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Especially wh gay cis like Atlantis, Vaya and RSVP, cisers n easily fd themselv wh lots of new iends by the end of their vatn. Andrew Pledger publicly me out as gay on an Instagram Live terview January 2022, right before startg his last semter at Bob Jon Universy, an evangelil stutn South Carola. Ls than two weeks later, he was Pledger’s time llege, he attend a church that affirmed his inty as a gay man for the first time.

Adults intify as lbian, gay, bisexual, transgenr or somethg other than heterosexual (Gallup).

As a gay man and seasoned profsnal the startup world, he knew first-hand how grossly unrserved the queer muny is—and across all sectors.

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Appearanc, ndid nversatns wh LGBTQIA+ thought lears and engagements wh nfirmed guts cludg Candis Cayne, Masterrd Chief Incln Officer Randall Tucker, Masterrd EVP of Global Brand Innovatn and Strategy Cheryl Guer, Ketchum Print and CEO and GLAAD Board Director Mike Doyle, Masterrd Chief Technology Risk Officer Abby Frella, NYC Pri Executive Director Sandra Perez, Lbian, Gay, Bisexual & Transgenr Communy Center Executive Director Glennda Ttone and more.

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