Longest ever 0% purchase credit card 28 month @ Tesco Bank, there are longer balance transfer cards but this is for Purchases:)
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Longest ever 0% purchase credit card 28 month @ Tesco Bank, there are longer balance transfer cards but this is for Purchases:)

147
Found 20th Sep 2016Made hot 20th Sep 2016
Longest ever interest free period card, as with many of these things some may not get the full 28 months more details in comment 1 credit to MSE for the additional info

Longest claim is for purchases not balance transfers, this is the longest purchase card rate ever.

147 Comments

luvsadealdealdeal

we've had 28 months before, despite what MSE say


What crime did you commit?

Wow, looks like a lot of people have got their pitchforks out...for a credit card.

Heat added, OP-this is the best 0% purchases card I've seen - I just applied for the Post Office card, which was the best, but it's only a month less.

luvsadealdealdeal

'with a 2.9% balance transfer fee.'how does it make it longer than (say) … 'with a 2.9% balance transfer fee.'how does it make it longer than (say) http://www.lloydsbank.com/credit-cards/all-cards.asp?gclid=CJ--6LPlns8CFcYp0wod6R0OuA#allLLOYDS BANK PLATINUM CREDIT CARD40 Month Balance TransferOur longest balance transfer offerBalance transfer fee 2.41%



​balance transfer card is different to 0% interest free spending card

this deal is for 28 months 0% interest free spending, which is true that this card is the longest ever for interest free spending

heat from me

Original Poster

luvsadealdealdeal

we've had 28 months before, despite what MSE sayCOLD FROM ME AS THE … we've had 28 months before, despite what MSE sayCOLD FROM ME AS THE 'LONGEST EVER' BIT IS A MASSIVE OVER-CLAIM - SEE BELOW LLOYDS 40 MONTHS




as others have said, you are talking balance transfers this is purchase, pity you can't add back some heat, but you might want to delete your posts to avoid confusion. I have also made it clear in the OP
Edited by: "eslick" 20th Sep 2016

I deleted it it - I admit I did not twig the difference between balance transfer & purchase

Can't believe they are encouraging people to run up debts interest free for 28 months! So many people are going to get hammered/ caught out when the 28 months is up.

luvsadealdealdeal

I deleted it it - I admit I did not twig the difference between balance … I deleted it it - I admit I did not twig the difference between balance transfer & purchaseCan't believe they are encouraging people to run up debts interest free for 28 months! So many people are going to get hammered/ caught out when the 28 months is up.



​depends of they use it wisely, I bought my car with a 0% card, once it run out I then transfered it to a 0% balance transfer card much cheaper than paying finance

luvsadealdealdeal

Can't believe they are encouraging people to run up debts interest free … Can't believe they are encouraging people to run up debts interest free for 28 months! So many people are going to get hammered/ caught out when the 28 months is up.



For crying out loud.



Edited by: "pfpf" 20th Sep 2016

Good find, I use a credit card like this for big purchases and pay back monthly or when my annual bonus comes. It is an interest free loan so much better than paying 3 or 4% for an official loan. I do remember Tesco had a really poor and limited online account system, but this was a few years ago.

28 months is the longest ever deal? Hmm I really doubt that, maybe for Tesco it is.

fishmaster

28 months is the longest ever deal? Hmm I really doubt that, maybe for … 28 months is the longest ever deal? Hmm I really doubt that, maybe for Tesco it is.



It is for anyone - this is a 0% spending card, not a 0% Balance Transfer.

luvsadealdealdeal

So many people are going to get hammered/ caught out when the 28 months … So many people are going to get hammered/ caught out when the 28 months is up.



Not if they're sensible, the type that would go silly and get caught would do so whatever the period. I've just taken out the 27 month Sainsburys one to use for some unexpected dental work I need but it'll be cleared long before the end of the offer period. They have their uses if you're careful.

Great deal

I know it's not a balance transfer card, but, can you transfer a balance on it for the 28months?

Hope some one can help on this,
I currently have a tesco CC but my rewards have ended (0% on purchases 28 months etc etc) im just about to balance transfer to another card with similar rewards and then cancel my tesco CC
My question is....if i return to a tesco CC (or any other that i had a CC with) would i be eligible for the same rewards as opening a new account? Im guessing they wouldn't as I've had one in the past or is it a time frame thing like wait a year and apply again?
Thanks if any one can help me on that

willyzippy89

Hope some one can help on this,I currently have a tesco CC but my rewards … Hope some one can help on this,I currently have a tesco CC but my rewards have ended (0% on purchases 28 months etc etc) im just about to balance transfer to another card with similar rewards and then cancel my tesco CC My question is....if i return to a tesco CC (or any other that i had a CC with) would i be eligible for the same rewards as opening a new account? Im guessing they wouldn't as I've had one in the past or is it a time frame thing like wait a year and apply again? Thanks if any one can help me on that



Pretty sure you would as long as you've actually closed the account down and not just left it dormant and unused.

EDIT: Confirmed. Check out this article moneysavingexpert.com/cre…rds
Edited by: "dabe1971" 20th Sep 2016

willyzippy89

Hope some one can help on this,I currently have a tesco CC but my rewards … Hope some one can help on this,I currently have a tesco CC but my rewards have ended (0% on purchases 28 months etc etc) im just about to balance transfer to another card with similar rewards and then cancel my tesco CC My question is....if i return to a tesco CC (or any other that i had a CC with) would i be eligible for the same rewards as opening a new account? Im guessing they wouldn't as I've had one in the past or is it a time frame thing like wait a year and apply again? Thanks if any one can help me on that



I think you have to have closed the account for at least 6 months to be eligible for a new card!!

dabe1971

Not if they're sensible, the type that would go silly and get caught … Not if they're sensible, the type that would go silly and get caught would do so whatever the period. I've just taken out the 27 month Sainsburys one to use for some unexpected dental work I need but it'll be cleared long before the end of the offer period. They have their uses if you're careful.



Many congratulations on "you're", well done! That's right folks......it's NOT "your!"

willyzippy89

Hope some one can help on this,I currently have a tesco CC but my rewards … Hope some one can help on this,I currently have a tesco CC but my rewards have ended (0% on purchases 28 months etc etc) im just about to balance transfer to another card with similar rewards and then cancel my tesco CC My question is....if i return to a tesco CC (or any other that i had a CC with) would i be eligible for the same rewards as opening a new account? Im guessing they wouldn't as I've had one in the past or is it a time frame thing like wait a year and apply again? Thanks if any one can help me on that



Varies by provider, many will not consider you a new customer until you've been away for 6+ months (some as much as 12 months).

Whilst it won't apply with this card, its also worth checking who the provider actually is on any other cards you have when applying for a new card. Sometimes you can be rejected for new offers as the underlying provider is the same (ie. the branding maybe XYZ Card, but the provider is MBNA and you already have an ABC Credit Card which is also MBNA).
Edited by: "Mentos" 20th Sep 2016

cohagan582

I know it's not a balance transfer card, but, can you transfer a balance … I know it's not a balance transfer card, but, can you transfer a balance on it for the 28months?



Balance transfer only remains 0% for 3 months on that card. Much better BT deals out there if you're eligible, potentially 41 months ! moneysavingexpert.com/cre…rds

ADT2000

I think you have to have closed the account for at least 6 months to be … I think you have to have closed the account for at least 6 months to be eligible for a new card!!



Barclays yes. Capital One can be as low as 30 days apparently !

willyzippy89

Hope some one can help on this,I currently have a tesco CC but my rewards … Hope some one can help on this,I currently have a tesco CC but my rewards have ended (0% on purchases 28 months etc etc) im just about to balance transfer to another card with similar rewards and then cancel my tesco CC My question is....if i return to a tesco CC (or any other that i had a CC with) would i be eligible for the same rewards as opening a new account? Im guessing they wouldn't as I've had one in the past or is it a time frame thing like wait a year and apply again? Thanks if any one can help me on that


I can tell you that you will be elegible now. I personally have 2 tesco credit cards. As soon as the intro period ran out on my first one I applied for a second one and was accepted. My first card was totally paid off though.
Edited by: "BigBuds" 20th Sep 2016

BTW anyone that's had one of these previously and is hoping for a decent chunk of Club Card points as a bonus, think again. They've really gone Scrooge McDuck (as have other providers since the rules on charges to merchants changed). I kept mine after a previous 0% offer, purely for Tesco shops. But contemplating getting rid now.

so how does the purchases work? is it 0% for 28 months from the time of purchase? Or first 28 months having the card?

soggybiscuit

so how does the purchases work? is it 0% for 28 months from the time of … so how does the purchases work? is it 0% for 28 months from the time of purchase? Or first 28 months having the card?


28 months of having the card

muffboy

Many congratulations on "you're", well done! That's right folks......it's … Many congratulations on "you're", well done! That's right folks......it's NOT "your!"



​What isn't?

luvsadealdealdeal

I deleted it it - I admit I did not twig the difference between balance … I deleted it it - I admit I did not twig the difference between balance transfer & purchaseCan't believe they are encouraging people to run up debts interest free for 28 months! So many people are going to get hammered/ caught out when the 28 months is up.



​The only people likely to get hammered/caught are the types of people who don't know the difference between balance transfer and purchase cards.

What kind of allowances are people getting?

Deal_HUNT3R

What kind of allowances are people getting?



I think mine was around £3600 but I've not received the card yet to confirm.

luvsadealdealdeal

I deleted it it - I admit I did not twig the difference between balance … I deleted it it - I admit I did not twig the difference between balance transfer & purchaseCan't believe they are encouraging people to run up debts interest free for 28 months! So many people are going to get hammered/ caught out when the 28 months is up.



​I don't think you quite get the gist of how these are supposed to work

BigBuds

I can tell you that you will be elegible now. I personally have 2 tesco … I can tell you that you will be elegible now. I personally have 2 tesco credit cards. As soon as the intro period ran out on my first one I applied for a second one and was accepted. My first card was totally paid off though.



Amazing thanks, i did have the CC cleared but just put the new Iphones on it but got a new one to balance transfer.
Its just handy to know as sainsburys dont have a CC app and tescos one is great + good to know i can come back.
Thanks for the help

£6400 thanks op

Me and my partner were considering getting a CC just to up our credit score. Is it worthwhile? Does it make much difference?

dabe1971

I think mine was around £3600 but I've not received the card yet to … I think mine was around £3600 but I've not received the card yet to confirm.


thanks

stiltsky

£6400 thanks op



nice

SeraphXii

Me and my partner were considering getting a CC just to up our credit … Me and my partner were considering getting a CC just to up our credit score. Is it worthwhile? Does it make much difference?



If you're disciplined then building any sort of credit record is always good as having no record can cause issues when the time comes for major purchases like mortgages, cars etc. I made a point when I was younger of always taking advantage of any 0% finance deals when buying stuff and my credit rating is sky high as a result.

But always set up Direct debits to cover at least the minimum payments and make sure you've cleared the balance before the offer period runs out. With a 0% spending card I'd always close the account once the offer period is over and find another so you're not tempted to use it and attract interest.

luvsadealdealdeal

I deleted it it - I admit I did not twig the difference between balance … I deleted it it - I admit I did not twig the difference between balance transfer & purchaseCan't believe they are encouraging people to run up debts interest free for 28 months! So many people are going to get hammered/ caught out when the 28 months is up.



Really? They are a business that's what they do. If people are grown up or sensible enough to stay within their limits thats their fault.

Thanks OP - got the full 28 month with 10,000 limit.
Have some heat.
Edited by: "shahid2000" 21st Sep 2016

dabe1971

If you're disciplined then building any sort of credit record is always … If you're disciplined then building any sort of credit record is always good as having no record can cause issues when the time comes for major purchases like mortgages, cars etc. I made a point when I was younger of always taking advantage of any 0% finance deals when buying stuff and my credit rating is sky high as a result.But always set up Direct debits to cover at least the minimum payments and make sure you've cleared the balance before the offer period runs out. With a 0% spending card I'd always close the account once the offer period is over and find another so you're not tempted to use it and attract interest.


We'd definitely set up a direct debit. We currently always pay via debit cards, we're thinking paying with a credit card and merely having a direct debit is practically the same yet will just up our credit score. We'll probably set a reminder for 2 years to stop using the card instead of the 28 months, unless Tesco offer some sort of reminder service.
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