Nationwide launches credit card offers
The building society Nationwide has today released details about its new balance transfer and purchase offers for its classic and gold credit cards.
Customers will receive 4.9 per cent interest for a year on balance transfers from credit or store cards and the 0 per cent interest on purchases will increase to nine months from six months.Nationwide believes that if customers transfer a balance to the classic or gold credit cards, they could save up to £635.
Jim Willens, Nationwide’s group services director, said: "This card offers excellent value to anyone looking for a new credit card. Unlike many of our competitors it has one of the lowest ongoing balance transfer rates and a genuine 0 per cent deal on new purchases.
"We don’t charge commission when our cards are used abroad and our customers get to pay off their most expensive debt first."
At the end of the offers the interest rate becomes 14.9 per cent.
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