Nationwide have entered the balance transfer arena with a market-leading 15-month balance transfer available to all new customers with the Gold Visa.
Customers looking for a competitive 0% balance transfer card need look no further. Which? Recommended Provider (WRP) Nationwide is currently offering an excellent 15-month 0% balance transfer with 3% handling fee. The Gold Visa card has a typical APR of 16.9%.
Positive order of payments
Nationwide and Saga are currently the only providers with a positive order of payments. This means monthly credit card repayments are allocated to the most expensive debts first such as cash advances or new purchases, before the 0% deals such as the balance transfer offer. MBNA have announced they are due to follow suit in September followed by the rest of the credit card industry from the end of 2010.
Low worldwide commission fees for use abroad
Nationwide are one of the few card providers that do not charge a commission fee on transactions made in the European Economic Area including Turkey and Israel, but they do pass on a 1% fee for use outside of this area.
Which? Best Rate credit cards
If you need advice to choose the best credit card for your needs, read the free Which? guide to choosing a credit card. And if customer service is important to you, make sure you check our Which? Recommended Providers before choosing a card.
Once you know the best type of card for you, check out Which? Best Rate credit cards to find the most competitive deal available today, whether it’s a cashback card, a card offering 0% on purchases or the longest 0% deal on balance transfers.
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