nuba’s balance transfer card still competes | Product News | moneyfacts.co.uk

Product News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

nuba’s balance transfer card still competes

nuba’s balance transfer card still competes

Category: Credit cards
Author: Lieke Braadbaart
Date: 08/12/2017

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 It is now over 6 months old so the content may be out of date.

nuba has decreased the introductory balance transfer term on its leading balance transfer card, but despite this, it is still competitive enough to retain a place in the Best Buy chart for its sector and earn our highest rating.

The basics…

The nuba Transfer Credit Card Mastercard now has an introductory balance transfer term of 37 months, which comes with an introductory fee of 3.49%. It also boasts a 20-month interest-free term on money transfers, which come with a 4% fee.

The finer details…

Balances and money must be transferred within 60 days. After the introductory periods have ended, balance transfers will be charged at an annual rate of 21.9% with a 5% fee, with money transfers charging 23.9% and the same 5% fee. Standard purchases will be charged at 19.9% APR. nuba offers a complimentary Amazon gift card worth £20 on balance or money transfers of at least £1,000 made within the first 60 days.

The card can be opened online or over the phone, after which it can be managed via smartphone app as well. Borrowers must be at least 18 years old, and should remember that rates are representative and dependent on credit ratings.

Why we like it…

This card still offers a near market-leading introductory term on balance transfers, with it being a good option for those looking to make money transfers too. As a result, it easily manages to stay in the Best Buys and earn our highest 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

Close