Credit cards Date:
MBNA has increased the introductory term on both balance transfers and money transfers on its Fluid credit card, and has even reduced the balance transfer fee to offer borrowers the complete package.
The Fluid 36 Month Balance Transfer Credit Card Visa now offers 0% on balance transfers for 36 months (previously 35 months) and on money purchases for 20 months (previously 12), and has reduced the introductory balance transfer fee to 2.79% (previously 3.10%).
Balance transfers must be made within the first two months to benefit from the reduced fee, after which it rises to 5.00%. Money transfers will attract a fee of 4.00% during the first two months, rising to 5.00% thereafter. Both balance transfers and money transfers must be made within 60 days to qualify for the 0% terms.
Standard purchases are charged at 18.9% APR. Borrowers should remember that rates are representative and dependent on credit ratings.
The increased money and balance transfer terms combined with the reduced fee means this card offers borrowers a highly competitive package with a whole range of features, earning the highest Moneyfacts rating in the process.
Moneyfacts rating: Outstanding
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