The AA launches its longest ever 0% balance transfer credit card

The AA has launched its best ever balance transfer credit card, offering a 0% rate on balance transfers for up to 28 months with a handling fee of 2.9% (minimum £3).
 
The new AA Balance Transfer Card also offers money transfers, slightly less well-known than balance transfers, which allow consumers to transfer some of their credit limit into their current account, enabling them to consolidate higher interest bearing balances such as store card balances or overdrafts. Money Transfers come with the same 0% rate for up to 28 months, subject to a 4% handling fee (minimum £3).
 
To get these rates, both balance and money transfers must be made within 60 days of opening the account.
 
Consumers can find out if they might be eligible before applying for this card. As part of the eligibility check a quotation search will be carried out which won’t show on their credit record as an application for credit and so it won’t affect their credit rating.
 
Eligibility for this credit card depends on the consumer’s circumstances and the result of MBNA’s eligibility check. The product, APR and promotional offer they could receive may vary from the example.
 
Representative example: 18.9% pa (variable) on card purchases. This is equivalent to 18.9%APR representative (variable) based on a credit limit of £1,200.
 
Mark Huggins, Managing Director for AA Financial Services, commented: “The new AA Balance Transfer Card is the best we’ve launched for consolidating other more expensive debts or card balances.”
 
Full information about the card can be found at theAA.com/credit-card.