Pull off a sensational last minute transfer deal - Credit cards - News - Moneyfacts

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Pull off a sensational last minute transfer deal

Pull off a sensational last minute transfer deal

Category: Credit cards

Updated: 24/09/2010
First Published: 24/09/2010

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 It is now over 6 months old so the content may be out of date.

If you've been pondering a balance transfer credit card deal of late, now could be your last chance to secure one of the best products in the market.

That's because from Monday 27 September, the Royal Bank of Scotland's and Natwest's Platinum Credit Card will only be available to its current account customers.

However, potential clients still have this weekend to apply online.

The card offers 0% on balance transfers for 15 months, so it is a great option if you're looking to pay off an existing balance but feel that your current interest level is hampering your efforts to do so.

The long 0% period allows customers some breathing room, safe in the knowledge that their debt will not steadily climb because of high rates of interest.

Balance transfers on this card are limited to 95% of your available credit limit so, for example, if your Platinum Credit Card has a limit of £2,000, you could switch up to £1,900.

Customers will also benefit from 0% on purchases for three months, and must be 18 or over with an income of at least £10,000 to qualify.

The full array of 0% balance transfer cards can be found at the Moneyfacts.co.uk Best Buy tables.

If you'd prefer a card that offers lengthy 0% periods on balance transfers and purchases, Moneyfacts.co.uk recently showcased some of the best deals currently available.

Find the best credit card rates - Compare credit cards

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 Any products featured may be withdrawn by their provider or changed at any time.

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