So do you have a credit card? Not being fantastic with money, I’ve always resisted. But with the better weather on the way, we’re all tempted to splash out – maybe on a few new summery bits for the wardrobe, or even a nice holiday to grab some guaranteed warmer weather.
Barclaycard have announced a nice range of new offers. And as I don’t currently own a credit card, I was tempted by the offer for new customers of 0% interest on all purchases for the first three months: a perfect way to afford that holiday, and an incentive to pay it off as quickly as I can too, thus making it a nice easy introduction to owning plastic. The card has an APR of 29.9% (5 percentage points lower than the current Capital One Classic) and new cardholders will be offered a manageable starting credit limit as well as text and email alerts to help them manage their account. Not so scary after all, then?
If you’ve already got a credit card, there are some other offers that might suit you better, such as
· 22 month 0% balance transfer with £30 off the transfer fee (for transfers over £2,500)
· 15 months 0% interest on purchases and balance transfers
· Low fee (1.6%) balance transfer for 17 months
David Chan, chief executive of Barclaycard Consumer Europe said:
“We’re very excited to be offering even better value and such a huge amount of choice to new customers; from those wanting to manage their money better, to those who are seeking to build a credit history.”
If you want to take advantage of the deals, you’ll have to move fast, though. The improved deals will close to applications at midnight on 31st May 2012.