Bank of Scotland boosts BT credit card | Product News - Moneyfacts

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Bank of Scotland boosts BT credit card

Bank of Scotland boosts BT credit card

Category: Credit cards
Date: 18/02/2016

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 It is now over 6 months old so the content may be out of date.

Bank of Scotland has improved the position of its balance transfer credit card in the charts by extending its 0% interest balance transfer offer.

The basics…

The renamed Platinum 38 Month Balance Transfer MasterCard has increased its interest-free balance transfer term to an attractive 38 months, which comes with an introductory balance transfer fee of 2.65%. Borrowers can also benefit from a six-month 0% interest purchase term.

The finer details…

Balance transfers must be made within 90 days in order to be eligible for the initial offers. Once these come to an end, balance transfers will be charged at 18.95% per annum (with a 3.00% fee), while standard purchases will be charged at 18.9% APR.

Borrowers must be at least 18 years old and apply online. Applicants should remember that rates are representative and dependent on their credit rating.

Why we like it…

The boost to the length of the 0% interest offer for balance transfers has secured this card's place in the charts, a fact that will not go unnoticed by borrowers. Also boasting an appealing six-month interest-free term for purchases, this deal stands out as a competitive and attractive borrowing option. This is an outstanding product that fully deserves the highest Moneyfacts rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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