0% balance credit card for Valentine spenders - Credit cards - News - Moneyfacts


0% balance credit card for Valentine spenders

0% balance credit card for Valentine spenders

Category: Credit cards

Updated: 13/02/2009
First Published: 13/02/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Those who are thinking of splashing out on their loved ones this Valentine's Day have been advised to consider a zero per cent balance credit card.

Halifax research has revealed that the average credit card holder spends over £40 on flowers and more than £170 on jewellery at this time of year.

And with some consumers also considering an expensive engagement ring to match a proposal, the bank has suggested that its All-In-One Credit Card could cater to a romantic's needs.

It offers a zero per cent rate on balance transfers as well as purchases for nine months and Alan Brindley, of Halifax Credit Cards, remarked: "Our research shows that Brits do have big hearts when it comes to Valentine's Day, but this doesn't have to mean a broken wallet."

This week Abbey revealed that its zero per cent balance credit card had been named Best New Credit Card of the Year at the fourth annual Card Awards.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Top credit cards for Christmas spending

‘Tis (just about) the season to be jolly, but before all that festive fun begins, chances are you’ve got a bit more shopping to do. But, if you’re turning to credit to fund things, you’ll want to use cards that offer 0% interest deals on purchases.

Spooky reality of high balance transfer fees

Credit card debt is scary at any time of year. While most might assume that opting for the longest deal on offer would save them the most, our data shows some of the longest deals can actually work out to be the most expensive.

Reward credit cards that become ‘pointless’

If you regularly use cards to pay at the till, you may have considered opening a reward credit card to earn points every time you spend. However, not all of these cards are as rewarding as they may seem…