Credit cards Updated:
Nationwide has launched a new credit card that should appeal to consumers looking for a good all rounder.
The Nationwide Credit Card Visa offers a 0% rate for 17 months on introductory balance transfers and 3 months 0% on purchases, or 0% on purchases for 6 months if the balance transfer offer is not taken up.
A balance transfer fee of 2.95% (minimum £5.00) is payable on all balances transferred. It also offers 0% on foreign usage until 31 July 2011, then reverting to 2%.
This product launch brings to the market one of the longest balance transfer offers available as well as a lower than average standard purchase rate of 15.9% APR, low foreign usage charges and a reasonable deal on introductory purchases.
Foreign usage charges can be discounted due to a unique sterling spending incentive: for every £5 spent on sterling purchases, £1 can be spent on non-sterling currency purchases commission free, and for a limited period there will be no charge for spending abroad.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.