Introductory Interest Free Deals

Credit card lenders are so keen to get your custom that there's now a number of 0% credit card offers to choose from and, as long as your credit rating is fairly good, it makes sense to take advantage of them.

This trend began a couple of years ago with introductory rates of 0% on balance transfers, but now there are plenty of cards around which charge no interest on new purchases, and some are even offering both.

If you have an outstanding balance you could benefit from moving your debt to a card with an introductory 0% rate for balance transfers. 

If you want to use the card for purchases at the same time as transferring an old balance to it, then apply for a card that offers 0% for both balance transfers and new purchases.

As the introductory interest free period is for a limited time, ideally you want to apply for a card that offers a interest free period and a competitive ongoing standard rate.

Switching Credit Cards
As most of these introductory deals typically last for six months, it is possible is to switch credit cards when the introductory period has finished and the standard rate kicks in. For people who are unlikely to remember to do so, it might be better to opt for a card that offers a low standard (typical APR) interest rate until the transferred balance is cleared. 

0% APR for an introductory period on debts transferred from another card
Card Intro Rate
Balance Transfers
Intro Rate
Purchases
Representative APR
(variable)
Asda Cashback
0% for 12 months
(Fee: 3% or 3 whichever is greater)
19.9% 19.9% Details / Apply
To apply for a card, you should be aged 18 or over, not have County Court Judgements or Court Decrees or be bankrupt or otherwise insolvent, have a minimum annual income of 10,000 and not be claiming
unemployment benefits.
Cashback: 1% for every 1 spent in Asda and on George.com and 0.5% for every 1 spent elsewhere
Representative Example
Representative 19.9% APR variable
19.9% p.a. variable on purchases
No annual fee
Based on an assumed credit limit of 1,200
AA Low Rate
6.5%
(Fee: No fee)
6.5% 6.5% Details / Apply
Enjoy a low rate plus no annual or balance transfer fees with the AA Low Rate Credit Card
Representative Example
6.5% representative APR variable
6.5% p.a. variable on purchases
No annual fee
Based on 1,200 credit limit

0% APR for an introductory period on new purchases
Card Intro Rate
Balance Transfers
Intro Rate
Purchases
Representative APR
(variable)
AA Low Rate
6.5%
(Fee: No fee)
6.5% 6.5% Details / Apply
Enjoy a low rate plus no annual or balance transfer fees with the AA Low Rate Credit Card
Representative Example
6.5% representative APR variable
6.5% p.a. variable on purchases
No annual fee
Based on 1,200 credit limit

0% APR for an introductory period on balances transferred and new purchases
Card Intro Rate
Balance Transfers
Intro Rate
Purchases
Representative APR
(variable)
AA Low Rate
6.5%
(Fee: No fee)
6.5% 6.5% Details / Apply
Enjoy a low rate plus no annual or balance transfer fees with the AA Low Rate Credit Card
Representative Example
6.5% representative APR variable
6.5% p.a. variable on purchases
No annual fee
Based on 1,200 credit limit