RBS Credit Card Deal Low Rate and NO TRANSFER FEE
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RBS Credit Card Deal Low Rate and NO TRANSFER FEE

6
Found 16th Apr 2014
Now please read carefully before commenting! This card has a £24 fee BUT importantly has NO BALANCE TRANSFER FEES and very low APR 6.9% excluding the fee. Use the calculator and you will see that this saves money at around a balance of £250 for most people at 18% APR on their current deal. The pricing is risk based but I happen to know all acceptees will get 6.9% if they are accepted until 18th May. The rate is NOT a introductory deal and will STAY low.

6 Comments

Other deals charge a fee, which may be less than £24 once you factor in some great cashback deals and TCB too.
The length of 0% at 31 months on other cards should be long enough to pay it all of and pay no interest.

That's why you're getting cold.

Original Poster

This is more for people who are paying interest at a high rate and don't want to pay transfer fees every time they switch and want a long term low rate or the hassle of doing balance transfers every 12-18 months. It won't suit everyone but the calculator will give you a good idea if it will be useful for you.

hotpinkwheels

This is more for people who are paying interest at a high rate and don't … This is more for people who are paying interest at a high rate and don't want to pay transfer fees every time they switch and want a long term low rate or the hassle of doing balance transfers every 12-18 months. It won't suit everyone but the calculator will give you a good idea if it will be useful for you.



I did a £2,000 transfer on a 0% 2.9% fee and it was £60 ish
If you left the balance for 24 months that's all you'd pay in charges.
With the 6.9% card it would be £250ish in interest with no fee.

Is it definitely guaranteed that everyone will get the 6.9% if accepted before May 18th? Don't want to waste a credit search then have to decline the card in the cool off period if given a higher rate.

Thanks in advance.

Original Poster

Yes, provided you are accepted. If you doubt your credit rating I wouldn't apply. HTH

Thanks. I have checked the chance of acceptance with the checker and it looks fine.

Thanks again for your answer.
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