28 June 2017 : 


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Interest Free Credit Cards

Interest free credit cards are cards that allow you to pay back what you have spent or transferred from another card for an initial period without incurring interest charges. You should, however, clear your balance before the 0% period comes to an end or there could be a high interest rate to pay. The interest free period will typically either be lower on purchases or transfers. If you already have a different credit card that charges interest, you can move your debt to a 0% balance transfer card and avoid paying interest on the debt for as long as the 0% duration lasts. Compare the best interest free cards for your circumstances and save today.



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Product Name Balance Transfer Intro Purchases
Intro
Representative
APR (variable)
Rewards
 
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Sainsbury's Bank 41 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
AA Balance Transfer application
Representative Example: Representative 19.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 19.94% p.a. (variable)
Lloyds Bank Platinum 40 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Sainsbury's Bank Nectar 40 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Tesco Bank Clubcard for Balance Transfers application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Sainsbury's Bank 40 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.94% p.a. (variable)
Lloyds Bank Platinum 37 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Barclaycard Platinum with Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Sainsbury's Bank 35 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Sainsbury's Bank 33 Month Balance Transfer application
Representative Example: Representative 19.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)
Barclaycard Platinum 32 Mths Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Bank of Scotland 32 Month Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
M&S Balance Transfer Plus  application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Post Office Money Matched Card application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Halifax Credit Card application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Halifax 29/29 application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.94% p.a. (variable)
Lloyds Bank All in One 29/29 application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Bank of Scotland All in One 29/29 application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.95% p.a. (variable)
Sainsbury's Bank No Balance Transfer Fee application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
M&S Shopping Plus application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Barclaycard Balance Transfer No Fee application
Representative Example: Representative 24.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 24.9% p.a. (variable)
Barclaycard Platinum 18 Mths Balance Transfer application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Yorkshire Bank Gold MasterCard application
Representative Example: Representative 18.9% APR (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
Clydesdale Bank Gold Credit Card application
compareandsave.com is a credit broker, not a lender, for the consumer credit products we feature. We provide credit card comparison service free to the user, but we usually receive commissions from the companies we refer users to. This table comprises cards offering a 0% introductory period on balance transfers and new purchases ordered by lowest single attribute duration. Table position does not imply product strength or superiority.

 



Is an Interest free credit card right for me?

Whilst an interest free card may sound like a good option, they are not always suitable for everyone. Individuals who clear their balance every month might find they are better served by a cashback or similar reward style card.

Can I apply for this card if I have poor credit history?

Individuals could apply for these cards without a good credit rating, but they might be better served by a credit building card whose eligibility criteria are more relaxed than premium credit products.

What happens if I miss a payment?

If payments are missed on the interest free card, the individual may not only get charged a fee but they may lose the interest free deal, which means they may have to start paying the interest on the balance immediately. This can be avoided by setting up a direct debit for at least the minimum payment for each month.

(NB. Remember it can take a while to set up a direct debt. Often it's worth making the first monthly payment manually to ensure it is received in good time).

Getting the best Interest Free Credit Card?

There are a number of Interest Free cards available so it is difficult to precisely choose which card is the best. You should compare credit cards to try and find the best deal for your needs and financial circumstances.

Will my Credit Card Purchases be protected?

Credit cards offer a degree of protection on purchases as found in Section 75 of the Consumer Credit Act 1974. The card issuer would be jointly liable if the items bought are either not delivered due to the retailer going out of business, or if the goods are faulty. This legal protection only covers purchases over £100 and less than £30,000, but it does cover the full cost even if only part of the payment was made on a credit card.





 Compare Credit Cards by Issuer

American Express Credit Cards American Express
Aqua Credit Cards Aqua Credit Cards
Barclaycard Credit Cards Barclaycard
Bank of Scotland Credit Cards Bank of Scotland
Capital One Credit Cards Capital One
Halifax Credit Cards Halifax
Lloyds Bank Credit Cards Lloyds Bank
MBNA Credit Cards MBNA
Nationwide Credit Cards Nationwide
NatWest Credit Cards Natwest
Royal Bank of Scotland Credit Cards Royal Bank of Scotland
Sainsbury's Bank Credit Cards Sainsbury's Bank
Santander Credit Cards Santander
Tesco Bank Credit Cards Tesco Bank
TSB Credit Cards TSB Credit Cards
Vanquis Credit Cards Vanquis
Virgin Money Credit Cards Virgin Money


 
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