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Cracking Christmas credit cards

Cracking Christmas credit cards

Category: Credit cards

Updated: 22/11/2013
First Published: 20/11/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Cracking Christmas Purchase Cards

'Tis (almost) the season to be jolly, but before all that festive fun chances are you've got a bit of shopping to do. If you're turning to credit to fund your festive spend you'll want to find cards that can offer great 0% interest deals, and we've got a few top picks for you to choose from.

Credit cards with 0% interest on purchases mean you can shop without accruing additional debt, letting you spread the cost of your festive spend and pay it off in the New Year.

Ideal for this time of year a wide range of 0% credit cards are available, but as with any card they need to be managed efficiently – in this case, customers need to ensure the full amount can be paid off by the end of the interest-free period.

Cardholders should also bear in mind that failing to meet minimum repayments will mean interest rates will be applied, effectively cancelling out the interest-free benefits, so they need to be confident they can keep up with regular payments.

Here are the current top 5 credit cards with 0% interest on purchase:


Representative purchase APR (variable)
Card details

Halifax Purchase
Halifax Purchase
Credit Card MasterCard

0% APR (reverting to 16.9% after interest-free period ends)
  • Introductory 0% on purchases for 17 months from date of issue
  • Introductory 0% on balance transfers for 6 months
  • No annual fee
  • Must be applied for online

Penny saysPenny says…
"Sitting at the top of the 0% purchase credit card sector is the Purchase Credit Card MasterCard from Halifax. With a market-leading 0% interest on purchases for 17 months, this card also offers a generous 6 month interest-free period for balance transfers.

"Even after the interest-free period ends, the competitive 16.9% APR puts this card at the top of the list."


Representative purchase APR (variable)
Card details

Tesco Bank Clubcard
Tesco Bank Clubcard
CC for Purchases MasterCard

0% APR (reverting to 18.9% after interest-free period ends)
  • Introductory 0% on purchases for 16 months from date of issue
  • Introductory 0% on balance transfers for 6 months
  • No annual fee
  • Earn Clubcard points on your purchases

Penny saysPenny says…
"Tesco's Clubcard CC for Purchases just missed out on the number one slot, boasting 0% interest on purchases for 16 months as well as a 0% interest-free period on balance transfers of 6 months.

"Cardholders get the added advantage of being able to earn Clubcard points as they shop (5 points per £4 spent at Tesco and 1 point per £4 spent elsewhere), making it a great choice for those that regularly shop at the supermarket chain."


Representative purchase APR (variable)
Card details
NatWest Plat BT & Purchase
NatWest Plat BT & Purchase
Credit Card MasterCard
0% APR (reverting to 16.9% after interest-free period ends)
  • Introductory 0% on purchases for 15 months from date of issue
  • Introductory 0% on balance transfers for 15 months
  • Low introductory balance transfer fee of 0.90%

Penny saysPenny says…
"NatWest's impressive Plat BT & Purchase Credit Card puts it firmly in the top three, offering 0% on purchases and balance transfers for a full 15 months.

"The low introductory balance transfer fee and competitive standard APR of 16.9% add to the value for cardholders."


Representative purchase APR (variable)
Card details
M&S Bank MasterCard
M&S Bank MasterCard
0% APR (reverting to 16.9% after interest-free period ends)
  • Introductory 0% on purchases for 15 months from date of issue
  • Introductory 0% on balance transfers for 12 months
  • Emergency cash service available
  • Earn M&S points on purchases

Penny saysPenny says…
"In fourth spot is M&S Bank's MasterCard, offering a 0% interest-free period on purchases for 15 months as well as 0% on balance transfers for a full year.

"Cardholders get the added benefit of being able to earn Marks & Spencer loyalty points as they shop (1 point per £1 spent at M&S and 1 point per £2 spent elsewhere), which can be converted into reward vouchers to be spent at M&S stores."


Representative purchase APR (variable)
Card details

Halifax All In One Online
MasterCard
0% APR (reverting to 17.9% after interest-free period ends)
  • Introductory 0% on purchases for 15 months from date of issue
  • Introductory 0% on balance transfers for 15 months
  • Low introductory balance transfer fee of 0.80%
  • Emergency card replacement service

Penny saysPenny says…
"Halifax has done it again with two cards in the top five. This one, the All In One Online MasterCard, offers an impressive 0% interest-free period of 15 months for both purchases and balance transfers.

"The highly competitive balance transfer fee of 0.80% adds to the value of Halifax's offering."


Information & Rates correct as at: 20/11/2013

What next?

Compare credit cards with 0% purchase rates

Compare the best cashback credit cards

Compare 0% on balance transfers

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.

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