Zero Interest Credit Cards | 0% Purchase Credit Card

Zero Interest On Purchases

Editors Choice - Top 5 Zero % Purchase Cards

Credit Card	Rate	Duration	Purchases	Typical APR	Rewards
Credit Card	Balance Transfers		Purchases	Typical APR	Rewards
Natwest	0%	13 months	0% for 13 months	17.95% APR (variable)	N/A
Natwest	0% on purchases for 13 months from account opening. Thereafter the standard annual rate for purchases will be 17.95% (variable). 0% on balance transfers for 13 months from account opening (2.9% fee, min £5) on any balances you transfer within 3 months of opening your account. Thereafter the standard annual rate for balance transfers will be 17.95% (variable). Representative Example: Representative 17.9% APR (variable) based on an assumed Credit Limit of £1,200. Standard interest rate for purchases: 17.95% p.a. (variable) based ona credit limit of £1,200.
Bank of Scotland	0%	12 Months (3% admin fee)	0% for 12 months	17.9% APR (variable)	Mastercard deals & discounts on travel, entertainment & shopping
Bank of Scotland	Cover against fraud when shopping online Good credit rating required Representative Example: 17.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.95% p.a. (variable).
Halifax All In One	0%	13 Months (3% admin fee)	0% for 13 months	17.9% APR (variable)	Halifax Mastercard offers on travel, entertainment and shopping
Halifax All In One	0% for 12 months balance transfers (3% fee) 0% for first 12 months on all purchases Halifax MasterCard offers including fantastic deals and discounts on travel, entertainment and shopping No annual fee Representative Example: Based on borrowing £1,200 and repaying over 12 months the representative rate is 17.9% APR (variable). The purchase rate is 17.95% pa (variable). Interest rates vary depending on our assessment of your circumstances.
Capital One World Mastercard	N/A	N/A	0% on purchases until your January 2012 statement	19.9%	£10 bonus credit every January to say thanks for choosing Capital One Unlimited Cashback - Earn 1% on EVERYTHING you buy
Capital One World Mastercard	19.9% APR representative variable 14.47% p.a. variable on purchases £1,200 assumed credit limit £30 Annual Fee Representative Example: The annual purchase rate is 14.4% p.a.(variable) so if you spend £1,200 your representative APR will be 19.9% (variable)+£30 fee p.a
Virgin	0%	20 Months (2.99% handling fee)	0% for 3 months	16.8% APR (variable)	n/a
Virgin	Representative Example: 16.8% p.a. (variable) on card purchases. This is equivalent to 16.8% APR representative (variable) based on a credit limit of £1,200.

Compare all the 0% Purchase Cards, in Alphabetical Order

Credit Card	Rate	Duration	Purchases	Typical APR	Rewards
Credit Card	Balance Transfers		Purchases	Typical APR	Rewards
Bank of Scotland	0%	12 Months (3% admin fee)	0% for 12 months	17.9% APR (variable)	Mastercard deals & discounts on travel, entertainment & shopping
Bank of Scotland	Cover against fraud when shopping online Good credit rating required Representative Example: 17.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.95% p.a. (variable).
Barclaycard Platinum	0%	22 Months (2.9% admin fee)	0% for 3 months	17.9% APR (variable)	Freedom Rewards Scheme
Barclaycard Platinum	25% off any additional balance transfer fee when you transfer more than one balance (terms and conditions apply) Request a balance transfer quickly and easily as part of your application Good credit rating is required Representative Example: 17.5% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.5% p.a. (variable).
Halifax All In One	0%	13 Months (3% admin fee)	0% for 13 months	17.9% APR (variable)	Halifax Mastercard offers on travel, entertainment and shopping
Halifax All In One	0% for 12 months balance transfers (3% fee) 0% for first 12 months on all purchases Halifax MasterCard offers including fantastic deals and discounts on travel, entertainment and shopping No annual fee Representative Example: Based on borrowing £1,200 and repaying over 12 months the representative rate is 17.9% APR (variable). The purchase rate is 17.95% pa (variable). Interest rates vary depending on our assessment of your circumstances.
Lloyds TSB Platinum	0%	14 Months (3% admin fee)	0% for 3 months	15.9 % APR (variable)	N/A
Lloyds TSB Platinum	Receive a 50% refund on your Balance Transfer Fee when you apply and transfer £1,500 or more before 30th June 2011 Manage your account online Good credit rating required Representative Example: 15.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 15.94% p.a. (variable).
Post Office	0%	12 Months	0% for 3 months	16.9% APR (variable)	N/A
Post Office	0% on balance transfers for the first 12 months 0% on purchases for the first 3 months 0% commission on purchases overseas no cash advance fee when purchasing Post Office® travel money 0% on new balance transfers for 5 months again and again Representative Example Introductory rate of 0% purchases for the first 3 months and 16.9 % thereafter Credit limit is subject to status 16.9% APR Representative (Variable)
Virgin	0%	20 Months (2.99% handling fee)	0% for 3 months	16.8% APR (variable)	n/a
Virgin	Representative Example: 16.8% p.a. (variable) on card purchases. This is equivalent to 16.8% APR representative (variable) based on a credit limit of £1,200.

Zero Interest Credit Cards

As the market for credit cards has become increasingly competitive it has become necessary for organisations that provide credit cards to offer increasingly better offers to potential customers in order to attract their custom. The most dominant offer in the last couple of years has been the increasing promotion of zero interest offers. This type of offer is particularly attractive to a potential customer as it effectively provides them with a loan facility with the perk of a zero interest period or interest free period.

Zero interest credit card offers take two forms, which we outline below:

Zero Interest on Purchases

Firstly there is the zero interest credit card offers which allow the holder of the card to make purchases with retailers using the card but then do not charge the card holder with interest on the credit card for a fixed period. Most credit cards do not charge the cardholder interest on purchases at the end of the month provided that the balance of the credit card has been paid off during the month. However with this offer the card providers extend that zero interest periods for a fixed number of months. Some card providers now provide up to nine months. This therefore is really an interest free loan. If the balance is not paid off within the interest free period then interest becomes chargeable on the balance at the end of that zero interest periods. As a general trend the longer the interest free period the higher the interest rate that is then applied when that zero interest offer for the credit card finishes.

Zero Interest Balance Transfers

This is the second very common zero interest offer that a large number of credit cards now offer to their holders. The cardholder is able to transfer the balance on a card they already hold and on which they may be paying interest to a new card that they have applied for. The new credit card then gives the cardholder a fixed period of time during which no monthly interest is charged on the balance of the card. Again this is like a temporary loan to the cardholder. However the credit card provider does then start to charge interest on the balance at the end of the zero interest periods. Some cardholders now offer long periods of time in there offer period. There are many examples of cads that offer 12 months zero interest offers to their customers. Some cards even offer lifetime balance transfers. One way these credit card providers still make money is by charging a fee for making the balance transfer from your previous credit card. This fee is commonly 2.5% at the time of writing but does vary between credit card providers.

The existence of so many credit cards that offer zero interest offers has led to the trend that has commonly become known as card surfing or credit card swapping. This is the trend where card holders switch to a new credit card shortly before the zero interest offer on their current card comes to an end. They transfer the balance and then enjoy a further interest free period and then do this again before that zero interest period ends. Read out article on credit card surfing to read a bit more on that topic.

Undoubtedly the ever increasing number of credit cards offering very attractive zero interest offers to their customers is likely to lead to an ever increasing number of people getting themselves into debt. This can be a bad thing if they do not carefully manage their debt. However such increasing levels of spending do help keep our economy in the UK growing and this is good for our society in general but debt must be managed if it is o be kept under control and unfortunately many people do get them selves into financial trouble if they do not manage that debt properly. For these reason anyone who has debt should learn about managing it and seek advice from qualified financial advisers where appropriate. There s also a lot of free advice and information available on the web. On this site we provide easy to use tables to assist the user in identifying financial products but it is your responsibility if you choose to go to the site of a financial product provider to ensure it is suitable for you.

Whether you are looking for zero interest credit cards offers yourself or is looking for other financial offers or products we hope you find this site useful to you.

Zero Interest Credit Cards are very difficult to find in todays commercialised world. With thousands of credit cards flooding the market daily, it is a daunting task to select the most appropriate card that will satisfy all your requirements. Our site, Ukfinancialoptions.co.uk, helps you in selecting and applying for the credit card that provides optimum benefits to you. With our credit card comparison chart, you can compare all the credit cards that provide zero percent interest rate. This page lists the credit cards based on their payment rates and almost all the credit cards on this list boast of zero percent interest payments.

Compare and select the finest Zero percent interest credit cards

Our all-inclusive credit card comparison list includes all the zero percent interest rate credit cards from various financial institutions available in the market today. Along with the interest rate of the credit cards, the list also contains the features of the respective credit cards. The comparison chart is presented in a tabular form aiding in the comparison of the credit cards based on its features. Morgan Stanley Fly and Buy card and Egg Credit Card are some of the credit cards in this listing of zero interest credit cards. Both these credit card companies are offering these cards at never before rates and with unbelievable features like zero percent interest rate on purchases as well as on balance transfers. With such incredible offers on the cards it is advisable to pick up the credit cards as soon as possible through us right away. Apply Now…