Nationwide Building Society is increasing its interest free purchase offer on both the Select Credit Card (available to main current account customers) and Nationwide Credit Card for all new customers.
The gloves are off in the credit card market, with the big players upping the length of their interest free balance transfer periods try and entice new customers ahead of the festive season.
All new customers taking out a Halifax All in One Credit Card will pay an effective balance transfer fee of just 0.8%.
Post Office has announced a new issue of its credit card which allows customers to transfer their balance without paying any interest for the first 18 months.
Yesterday Nationwide launched a new 26 month 0% interest balance transfer term for its Select card, but today (Friday) Barclaycard has fought back by extending the length of its balance transfer period to 28 months, the longest interest free period on the market - with a balance transfer fee of 3.5%.
Twenty per cent of Brits have never switched credit card providers and 65% of those who use their card on holiday, have never switched to get a better balance transfer deal, according to research by Gocompare.com.
Nationwide Building Society is increasing the length of its interest-free balance transfer offer and reducing its balance transfer fee on both the Select Credit Card (available to main current account customers) and Nationwide Credit Card for all new customers.
Virgin Money is extending the 0% introductory period on its balance transfer (BT) credit card from 20 months to 26 months for new customers.
MBNA has reduced the balance transfer handling fee for customers applying for its leading two-year MBNA Platinum balance transfer card directly through the MBNA website.
Tesco Bank has introduced a new 0%, 25 month period, for balance transfers on the Clubcard Credit Card.
MBNA launches its longest ever balance transfer credit card offering up to two years of interest-free borrowing.
Less than one in five (18 percent) of UK credit cardholders has taken advantage of a zero percent balance transfer promotion on a new credit card in the last two years, according to research commissioned by MBNA.
With over 32 million post-Christmas credit card bills expected to hit doormats in January and February, many hard-pressed households will be looking at how they can reduce their debts in 2013.
Lloyds TSB is offering a 50% refund on balance transfer fees for customers opening a Lloyds TSB Platinum credit card online from this week.
More than half of UK credit card holders say they would never consider doing a balance transfer on their credit cards, according to new research by Nationwide Building Society.
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