Nationwide helps customers manage Christmas debt

Nationwide Building Society is wishing customers a Happy New Year as it offers a significantly reduced balance transfer fee on its credit cards from today (5 January 2015). 

A lower fee of 0.35% (from 0.65%) for Credit Card customers and 0.25% (from 0.55%) for Select Credit Card customers is available to those who opt for the 15-month balance transfer offer and undertake a balance transfer in the first three months of the card being opened.

Nationwide’s new offer, in addition to the introductory offer of 15-months 0% interest on balance transfers, makes a Nationwide credit card a great way to manage debts after the busy festive season. 

John Crossley, Nationwide’s Head of Credit Cards and Personal Loans, said: “Christmas is an expensive time of year and we understand how easy it is to spend more than planned. We wanted to help people manage their finances at a time of year when many might be struggling. By reducing the balance transfer fee on our credit cards, people will have some peace of mind that they can deal with their existing debt while keeping a lid on their costs.

“With the extra benefits that come with our credit cards, such as 0% introductory offers on purchases and balance transfers, cashback and commission-free purchases abroad, this latest offer really demonstrates that Nationwide’s credit cards are worth having in your wallet this New Year.”