New 3 year fixed rate credit card from The Co-operative Bank

The Co-operative Bank is launching a three year fixed rate credit card, with no annual or balance transfer fees. 

The new card aims to give customers confidence and peace of mind against any future interest rate rises by  offering a low rate of 6.9% APR on all purchases and balance transfers, that stays the same for the next three years. 

The card is designed for everyday spending or  larger purchases and aims to provide customers with a simple way to manage their finances, safe in the knowledge that their interest rate will remain at a fixed 6.9% APR for three years, from the date they  take out the card.

Customers can also transfer a balance from another, potentially more expensive card, for no fee.

Steve Britain, Commercial Director at The Co-operative Bank, said: "We want to give customers a simple and straightforward credit card with an attractive rate and certainty when they are concerned about future interest rate rises. Our new fixed rate credit card should give customers the comfort of knowing the cost of their borrowing for three years.”

For more information, go to co-operativebank.co.uk.