Longest 0 interest cards offer up to 50 % off fees - Credit cards - News - Moneyfacts

News

Longest 0 interest cards offer up to 50 % off fees

Longest 0 interest cards offer up to 50 % off fees

Category: Credit cards

Updated: 12/12/2012
First Published: 07/08/2012

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 It is now over 6 months old so the content may be out of date.

Product Focus - Top 3 credit card balance transfer offers

Balance transfer deals are at their longest ever and some card providers are offering reductions to the fee to make an existing card debt balance transfer. Those who want to move credit card debt may want to consider a balance transfer card and review the costs involved to move any debt. Here is a selection of 3 of the longest deals available:

Barclaycard

The Barclaycard Platinum Extended Balance Transfer Visa offers 22 months of interest free debt transfers after account opening with a balance transfer fee of 1.45pc. The card charges 17.9pc APR on purchases and in addition offers an introductory 3 months of interest purchases. Customers can take advantage of offers through their travel service. Customers must be aged 21 or over, earn £20,000 or more and can apply by all channels.

Updated 24/08/12: the 50% discount on the transfer fee has now been removed so the balance transfer fee for debt transfers is now 2.90% / Min: £7.25.

NatWest

NatWest Platinum Credit Card MasterCard offers a card with 22 months of interest free balance transfers and 6 months interest free on purchases. Debt transfers are subject to a 3.2pc balance transfer fee and the card charges 17.9pc APR on purchases outside of the introductory deal. Customers will have access to the NatWest Wine Club. Customers must be aged 18 or over, earn £10,000 or more to be eligible and can apply online, by telephone or in branch.

Halifax

The Halifax Balance Transfer Credit Card Visa offers 22 months of interest free debt transfers after account opening with a balance transfer fee of 3.5pc. The card charges 17.9pc APR on purchases when outside of the introductory deal of 3 months interest free. Customers must be aged 18 or over and earn £20,000 or more to be eligible and can apply online, by telephone or post.

Compare the Best balance transfer cards

Guide to choosing the Best 0% balance transfer credit cards

How do I get out of credit card debt?

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…
 
Close