Natwest credit card offer - 0% on purchases and 0% interest on balances transferred both for 15 months - (low 0.9% fee) - 16.9% APR ***** £25 cash back also! *****
92°Expired

Natwest credit card offer - 0% on purchases and 0% interest on balances transferred both for 15 months - (low 0.9% fee) - 16.9% APR ***** £25 cash back also! *****

17
Found 22nd Nov 2013
** £25 cash back link below - Thanks to jacques**
Seems to be the best around if your current card is running out of interest free months. Just in time for Christmas.

0.9% fee for the transfer is pretty damn low as its normally 2.5%. You have to transfer in the first 3 months of having the card.

If you have £3000 debt on a card you could transfer it to this card for a fee of £27.

You could then pay off the balance over 15 months £201.80 per month and have it cleared.

If your current card is 17% APR and your debt is £3000 and you don't plan to add to it or clear it off over the next year then getting this card would save you about £500 in 12 months.

17 Comments

Original Poster

*******Go through Money Expert and get £25 cash back*******
moneyexpert.com/cre…rds

Important information you should read before applying

Standard annual rates for balance transfers and purchases will be 16.95% p.a. (variable) once opening offers have ended.
We may end introductory offers including any balance transfer offers if you fail to pay on time or exceed your credit limit.
Interest on fees and charges is payable in line with our terms and conditions.
Balance transfers from other Royal Bank of Scotland Group cards are not allowed.
If you pay your balance (and your previous month's balance) in full and on time each month, you'll enjoy up to 56 days' interest free credit on all purchases once the 0% introductory interest rate has ended.

Application and balance transfer information

It can take up to 3 weeks to process your application and for payment to reach your other accounts.
Please still make payments to your other cards to keep them up to date and avoid any penalty fees.
Balance transfers are limited to 95% of the credit limit. If your new card has a limit of £2,000 you could switch up to £1,900.

Edited by: "Starr" 22nd Nov 2013

Virgin are still doing 26 months interest free on balance transfers and I think Barclays are doing 27 months.

corgi74

Virgin are still doing 26 months interest free on balance transfers and I … Virgin are still doing 26 months interest free on balance transfers and I think Barclays are doing 27 months.



Excellent, just about to transfer my card this afternoon, glad I popped on here first. Going to check them out just now

Original Poster

corgi74

Virgin are still doing 26 months interest free on balance transfers and I … Virgin are still doing 26 months interest free on balance transfers and I think Barclays are doing 27 months.



The cards are similar but do have big differences to be fair.

Virgin card:
Only 6 months on purchases and a 3% fee to transfer your balance. Also 17.9% APR

Barclaycard:
The initial fee for transferring is 4.9% which is then reduced to 2.9% by a way of a refund. Also only 6 months 0% on purchases and 18/9% APR.

Although they are longer 0% it depends on peoples situations i guess. The Natwest one is much better for my situation and to get 15 months on purchases and transfer is pretty good i feel.

I'm with lloyds just now 17.95%

2500 limit with just over 800 balance, what should i be going for?, isn't the longest 0% transfer always best?

Original Poster

superfamiking

I'm with lloyds just now 17.95%2500 limit with just over 800 balance, … I'm with lloyds just now 17.95%2500 limit with just over 800 balance, what should i be going for?, isn't the longest 0% transfer always best?



Not really, it depends. If your balance is £800 to transfer it onto this card will cost you a fee of £7.20. You can then pay off the £807.20 over 15 months which is £53.81 a month.

The Virgin card listed above would cost you slightly more to transfer over but your balance transfer isn't that big so the fee isn't massive. If you were looking to transfer 10k the then transfer fee might have more of a bearing on your decision.

Virgin £23.20 fee so £823.20 over 26 months is £31.66 but you only get 6 months 0% purchase instead of 15 months on the Natwest card. So it depends if you want the extra 9 months 0% on purchases.

just got a barcley card 0% on balance transfers for 30 months yes 30 months also tesco do a 0% on purchases for 18 months and halifax do 0% on purchases for 15 months, hope this helps

Original Poster

Putting it another way. Whats the point of having more months to pay off your balance transfer if you dont need it. If you know you can pay off the £800 in 15 months then get the Natwest card as you will benefit of 15 months on purchases as well.
If you go for the Virgin card then you could also pay the £800 off within 15 months but then you would only have the benefit of 6 months 0% on purchases. So not much point having the 26 months if you don't need it. If you had 10k to transfer then you would need as long as possible i suppose but you'd get stung with the fee.
No credit card will be perfect for everyone. Remember that. Although this is close lol.

just smashing the bum out of my card now then bouncing it over to my barcley card

apply through moneyexpert.com (not moneySAVINGexpert) and you get 25 pounds cashback, just enough to cover the fee
Edited by: "jacques" 22nd Nov 2013

Done two cards through moneyexpert, very happy with the service

Starr

Putting it another way. Whats the point of having more months to pay off … Putting it another way. Whats the point of having more months to pay off your balance transfer if you dont need it. If you know you can pay off the £800 in 15 months then get the Natwest card as you will benefit of 15 months on purchases as well. If you go for the Virgin card then you could also pay the £800 off within 15 months but then you would only have the benefit of 6 months 0% on purchases. So not much point having the 26 months if you don't need it. If you had 10k to transfer then you would need as long as possible i suppose but you'd get stung with the fee. No credit card will be perfect for everyone. Remember that. Although this is close lol.



Thanks for the advice, like you suggested i will probably pay the £800 off over the next 12 months so I went for the natwest one!

thanks

Original Poster

superfamiking

Thanks for the advice, like you suggested i will probably pay the £800 … Thanks for the advice, like you suggested i will probably pay the £800 off over the next 12 months so I went for the natwest one!thanks



You're welcome.

Hope you went for the cash back!

Starr

You're welcome.Hope you went for the cash back!



I went through quidco.......hopefully going to get £20 from there.

Original Poster

superfamiking

I went through quidco.......hopefully going to get £20 from there.


Didn't think about Quidco. I wonder if there is Topcashback. You can switch your payout for Tesco vouchers and then x 4!!

Original Poster

It's really frustrating when people vote cold and don't mention a reason. Fair enough if you feel it's not a good deal but at least say why.

Random cold voters do my head in!

Great offer will definitely use over the Xmas. Thanks
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