Channel Islanders will now be able to apply for a credit card from a local bank.
Butterfield will provide the service to both Guernsey and Jersey residents.
Many UK institutions have withdrawn the offer of cards because credit reference agencies can't access an island electoral roll.
Guernsey's Home Affairs Committee can supply those details if asked, and a new electronic electoral roll is being worked on for the 2025 election.
Meanwhile, Jersey's government passed a law last autumn to share more data with credit check firms in an effort to address the lack of card providers.
New Dean of Guernsey has Alderney connections
Guernsey's youngsters concerned by the high cost of living
A solar eclipse and meteor shower over Guernsey tonight
Average Guernsey home selling for more than £600,000
Guernsey play awarded at National Drama Festival
Rare Guernsey breed to sustainably maintain farm land
Rare seal pup rescued from Guernsey's east coast
Guernsey Coastguard assists in medical evacuation from French fishing vessel
