0% Credit Cards in the UK
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Brand
Comparisons |
Do
0% Credit Cards usually have fees? |
When
you sign up for a new 0% credit card many times there are no annual fees.
If you are looking for a new credit card, it pays to shop around.
Compare the interest rates, the annual fees, and the interest-free
period. First, ask yourself
if you will be able to pay off the credit card balance in full each month. If you answer no, you should consider a 0% card or a card that
will offer a low interest rate permanently. Look for a permanent rate of 10% APR (annual percentage rate) or
less. Annual credit card fees are costs charges once annually by the credit card company for use of the credit card. In the past, most credit cards had an annual fee. Now, however, most credit cards do not have an annual fee. Unless the credit card company offers some special perks that you want, you should not have to pay an annual fee to use the card. Many
cards now have introductory 0% offers on balance transfers.Some cards
will give you 0% on your purchases for an initial period, usually between
six months and a year. Then
there are some cards that offer 0% on both balance transfers and purchases,
which is the best deal you can find when it comes to 0% credit cards.
Always make sure you know what the APR is on your card and what
the time limits are for 0%.You may not always know what the future holds
and although you may have good intentions of paying off your bill each
month unforeseen circumstances may happen that make it impossible or difficult
to pay your bill. Some
of the major credit card issuers offer free insurance on goods you purchased
with their card. Some of these insurance offers are price-protection, purchase
protection, travel accident insurance and online fraud guarantees or internet
delivery protection. These
may come free of charge but be sure to read the small print to find out
exactly what is covered. If
these are offered for a fee, be sure to know exactly what you are getting
for your money or decline to purchase the insurance. If you have any questions
about your credit card, you should call them and speak to a representative
who can answer your questions. |
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Kinds of Cards |
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Copyright 2008 0% Credit Cards UK Guide Articles
By Kate Spencer. All rights reserved |
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