Apr 30 2012 Advertising Feature
Finding a good credit card deal can be a daunting dilemma as borrowing money is always a scary decision even if it’s for the better. There’s no need to worry, if you shop around and compare credit cards then you’ll easily find one which suits you best and charges you the least!
Be it for a mortgage, wedding or holiday we all need a little help now and again. Barclaycard Platinum is ranked as one of the top credit cards as they provide 0% interest on balance transfers for 22 months from account opening (2.9% handling fee applies). It also has 0% interest on purchases for 3 months from account opening, 17.9% Representative APR.
If you’re earning £20,000 or more a year you can switch your balance over to the Halifax 22 Month Balance Transfer Credit Card. 0% for 22 months on balance transfers (3.5% fee applies). It offers 0% for the first 3 months on all purchases and fantastic deals and discounts on travel, entertainment and shopping with the Halifax MasterCard. It has a purchase rate of 17.95% with a representative APR of 17.9%.
The Tesco Clubcard credit card benefits include 24hour support with the UK-based call centre and you can collect additional Clubcard points. Special offers for the existing credit card customers with free, easy and secure online banking. Their APR representative is 16.9% and purchase rate is 16.9%.
The HSBC Credit Card allows you to have no interest for 23 months on balance transfers (3.3% balance transfer fee applies, minimum £5). There is also no interest for the first 3 months on any new purchases and holiday discounts of up to 8% off if you book a holiday through the HSBC Travel Service. There is an additional card option available to anyone above 18, for partners or family, and 24-hour worldwide assistance for customers. You are also able to manage your card online, with no annual fee to pay. The Representative APR is 17.9%.
The Virgin all round Credit Card has 0% on balance transfers and money transfers for the first 16 months and very good balance transfer fees of just 1.99%, not to forget 0% for the first 6 months on card purchases and a representative APR of 15.8% and 15.8% on card purchases. As the name suggests this is a great all-rounder that gives you good rates without the complications.
Credit cards can be a great way to make your money work for you, as you can earn cash back on any purchases you make. This can be up to 5% in some cases, but make sure you stay on top of things by setting up a direct debit to pay off your card each month, or you could find that anything you gain from using your credit card will be greatly over shadowed by the amount you’ll be charged in interest.
You could save yourself hundreds even thousands by having the right credit card so make sure you compare credit cards and find the one that suits your needs.