0% Credit Cards in the UK

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.

Eligibility for offers for 0% credit cards usually (but not always) depend on the credit score of the applicant. If you have a high credit rating, you're much more likely to qualify. It's worth applying, though, because usually they'll offer you a low-interest credit card even if you don't apply for the zero-interest offer.

Some of the top no interest credit cards offered in the UK include Citi Platinum Select Card, which offers 0% APR on balance transfers and purchases for a period of 12 months. They offer ?0 liability on unauthorized purchases and do not charge any annual fee. The 0% card has a regular APR of 10.74%. Chase Platinum Credit Card, too, offers 0% credit cards for 12 months or for 3 months, depending on the credit history of the applicant.

Blue from American Express features a 0% introductory APR up to 15 months and charges no yearly fee. The card's regular APR is about 11.74% and applicants do not have to have an exceptional credit record in order to get this credit offer.

There is also Blue Cash from American Express, which offers 5% cash back on all qualified purchases. This offer for their 0% credit cards is for six months and they do not charge an annual fee.

With Value Miles Platinum Visa Card, (a frequent flier credit card), the card holder can earn one value mile for every dollar spent. With 24,000 miles you earn can get an airline ticket for any nearby destination. They also do not charge yearly fees and the 0% interest applies to the first 12 months.

HSBC Platinum Master Card offers 12 months of 0% APR and it benefits include unlimited purchase protection and insurance for travel accidents. Their regular APR is 10.74%.

Citi Diamond Preferred Rewards Card offers a ?50 gift card and for every ?1 spent on purchases in drugstores, supermarkets and gas stations can card holders get 5 reward points and 1 point for every other purchase. Of a similar type is the GM Flexible Earnings Card, which offers 0% introductory APR for a year which presents a full one-percent cash back choice, otherwise the cardholder can choose a one-percent earnings towards any new GM vehicle.

Other companies that offer 0% credit cards also include Starbucks Duetto Visa for six months and Northwest Airlines- WorldPerks Visa Platinum Card, which has a credit line up to ?7,500 and a 15,000 miles annual WorldPerks travel reduction. The Northwest card does charge an annual fee of ?55, though.