Nationwide Credit Card - 0% on balance transfers for 20 months - 1.55% Fee + £25 Quidco
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Nationwide Credit Card - 0% on balance transfers for 20 months - 1.55% Fee + £25 Quidco

487
Found 30th Dec 2012
Found this deal and thought it may be helpful for some people on here with the low fee.

£25 Quidco too! Pointed out by oddballjamie!

3.1% fee, at least that's what it was for me.
- Tetlee

No, like op says 1.5% FEE!
- bargainhunter666

2 days on, im glad to have helped so many people on here!
-Cos2k3

The Quidco payment expires on the 3rd of January so be quick to get the best posible deal!
-Cos2k3
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487 Comments
Does this mean you can buy things for thousands of pounds without paying then after 20 months transfer it to another card with 0% on balance transfers?
Super low transfer fee. Heat from me.
Need to check when my last Interest Fee finishes if its 6 months or less I will change it...Thanks OP
Just manage finances better. Then no need for this debt method.
ChampionshipManager

Does this mean you can buy things for thousands of pounds without paying … Does this mean you can buy things for thousands of pounds without paying then after 20 months transfer it to another card with 0% on balance transfers?

no this is the card you want to put your credit card debt onto and then save interest over 20 months while trying to clear the balance

A great rate
whatyadoinsucka

no this is the card you want to put your credit card debt onto and then … no this is the card you want to put your credit card debt onto and then save interest over 20 months while trying to clear the balance



In other words, yes.
rohanonny

Just manage finances better. Then no need for this debt method.

maybe you can earn more money with a low rate loan short term 1.55% for 20 months is the best loan by a country mile
I have a grand on my card, I can pay it off by the end of january or pay £15.50 to transfer onto this credit card and pay off over 20 months .. Bargain
Edited by: "whatyadoinsucka" 30th Dec 2012
Not bad at all...the best deal on M S E recently was with Natwest...1% fee but only interest free for 12 months
rohanonny

Just manage finances better. Then no need for this debt method.



or win the lottery, sorted
ChampionshipManager

In other words, yes.

you fella are at the point in time when the debt needs transferring, you need a 12 month interest free on purchases then move to a deal like this in 12 months time
n3m3s1s

or win the lottery, sorted

the mathematically challenged mans solution ..lol
Just to sweeten it, there's £25 Quidco too.
rohanonny

Just manage finances better. Then no need for this debt method.



We are not all saints and I have paid off £2000 of my last card on interest free but I could have only cleared about £400. So I think this way is a way to manage your finances correctly if you have debt
rohanonny

Just manage finances better. Then no need for this debt method.


perhaps... I haven't got one myself but I know many people who have used it when something unexpected happens eg car, boiler, roof. Not everyone can afford to save at the moment I for one cannot but if I needed a card this would definately be the one I went for. Some people use cards wisely. Thanks op.
Regardless of whether you can pay things off or not, this is a great way of saving money. Only an idiot actually pays for things.
Nothing like self-righteous a**holes going out of there way to post comments on a deal which is obviously not relevant to them...
ChampionshipManager

In other words, yes.


You still have to pay the minimum each month on the balance, else the 0% rate will be void and you would be dropped into whatever their normal rate is.
Hot cheers op
rohanonny

Just manage finances better. Then no need for this debt method.



I am managing my finances quite nicely by having a large amount of money outstanding on interest free cards whilst the money is sitting in savings accounts earning me interest.
wonder if topcashback pay you £25?
Anyone know whether they'd let me do a balance transfer from an existing Nationwide card (I currently use their Select card which gave me 18 months interest free....)

Thanks in advance...
nice low fee for a transfer, dd signed up to pay the minimum, and £25 nice find.
I use to have this card before, but canceled it. Could I re apply and get this deal? Also I think I've moved address since as well, so should be ok to get this, shouldn't I?
RobinL

Anyone know whether they'd let me do a balance transfer from an existing … Anyone know whether they'd let me do a balance transfer from an existing Nationwide card (I currently use their Select card which gave me 18 months interest free....)Thanks in advance...


no they won't
has to be another provider
Very good deal.
Just had my Quidco £25 tracking confirmation email. Thanks OP.
Thank you for this deal!
donkeydavid

I use to have this card before, but canceled it. Could I re apply and get … I use to have this card before, but canceled it. Could I re apply and get this deal? Also I think I've moved address since as well, so should be ok to get this, shouldn't I?



Eligibility criteria:

The applicant and any additional cardholders must be aged 18 or over.
The applicant and any additional cardholders must have been living in the UK for the last 12 months. This includes British Forces addresses but excludes the Isle of Man and the Channel Island addresses.
The gross annual income of the applicant must be greater than £5,000.
The applicant and any additional cardholders must not currently be declared bankrupt, be subject to an Individual Voluntary Arrangement (IVA) and not have any County Court Judgements (CCJs) against their name.
The applicant and any additional cardholders must not have missed 3 or more credit commitments within the last 12 months.
The applicant must not have applied and been rejected for a Nationwide Credit Card in the last 6 months.
The applicant must not have held any Nationwide Credit Card in the last 12 months.
Never had any credit card at all before bit thinking of getting one,I'm with HSBC tho so how do I apply and how do you pay off the credit before the 20 months ? Sorry ain't got a clue about this stuff any help be great thanks.
With the quidco I might actually take this offer "they pay me a tenner to lend me £1500" I can pay off over 20 months

Simple mathematics even if I keep the £1500 in a 3% savings account I'll take £45 a year , good little money earner
Not worth the hassle for most people
What's the turn around on this I'll have about 5 weeks before cc is due
jacenj

Never had any credit card at all before bit thinking of getting one,I'm … Never had any credit card at all before bit thinking of getting one,I'm with HSBC tho so how do I apply and how do you pay off the credit before the 20 months ? Sorry ain't got a clue about this stuff any help be great thanks.



Set up a minimum payment direct debit (avoids forgetting to pay) and make payments from HSBC Internet banking to clear the balance after 20 months

This is a great deal, thanks OP.
whatyadoinsucka

With the quidco I might actually take this offer "they pay me a tenner to … With the quidco I might actually take this offer "they pay me a tenner to lend me £1500" I can pay off over 20 monthsSimple mathematics even if I keep the £1500 in a 3% savings account I'll take £45 a year , good little money earner Not worth the hassle for most people What's the turn around on this I'll have about 5 weeks before cc is due


It's 1.55% transfer fee not 1%, so to transfer £1500 will cost £23.25. So £1.75 profit after Quidco, BTW if you find a 3% net interest saving account please let me know.
jacenj

Never had any credit card at all before bit thinking of getting one,I'm … Never had any credit card at all before bit thinking of getting one,I'm with HSBC tho so how do I apply and how do you pay off the credit before the 20 months ? Sorry ain't got a clue about this stuff any help be great thanks.



its not really the deal for you unless you have an ballance outstanding elsewhere. if your after a new card look for a deal with interest free purchases.
Thanks
If you pay it off on a monthly basis you won't pay any interest. If you accrue a balance on there it will be subject to interest charges according to the card.

Credit Cards are good for buying things like Holidays and Electrical goods as they offer some security should problems occur with the purchase further down the line as it's the credit card company who are liable for the good not being delivered or if the company goes bankrupt.

Apply online and they will give you a decision there and then.

I was going to apply but they won't give a decent limit for me to transfer across.

the same nationwide that had the debit twice fiasco a while ago that left thousands of people overdrawn and in serious problems?
oddballjamie

It's 1.55% transfer fee not 1%, so to transfer £1500 will cost £23.25. So … It's 1.55% transfer fee not 1%, so to transfer £1500 will cost £23.25. So £1.75 profit after Quidco, BTW if you find a 3% net interest saving account please let me know.



Sorry I'm bad upfront £1.75 profit and then 3% on £1500 for 20 months aprox £60-70
Santander123 pays 3%AeR ( 2.96% gross) on certain balances
Edited by: "whatyadoinsucka" 30th Dec 2012
would it work if you borrowed £5640 on this card, paid min payment each month and put it into an ISA, currently about 2.75% interest?

moneysavingexpert.com/sav…isa
Edited by: "j8ulia" 30th Dec 2012
Not bad.
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