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NatWest and RBS credit cards top 0% transfer table

Market-leading 16-month 0% balance transfer deal

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Government bails-out RBS

NatWest and RBS have launched a table-topping 0% balance transfer deal of 16 months on their Platinum credit card.

Which? credit card expert Martyn Saville commented: ‘The new deal from NatWest and RBS is excellent news for consumers with a balance on their credit card that they’re keen to transfer to a 0% deal.

‘The 16-month offer matches the deal currently available from Yorkshire and Clydesdale Bank, but whereas Yorkshire and Clydesdale are currently only taking applications from new customers in-branch, the Platinum card from NatWest and RBS is available online.’

Don’t apply in-branch or by telephone

The 16-month deal is only available if you apply online. Consumers applying in-branch or by telephone will only get 12 months at 0% on balance transfers. As with most 0% balance transfer deals, a 2.9% transfer fee applies.

The card comes with a standard APR of 16.9%, making it uncompetitive for shopping. Consumers should also ignore the 3-month introductory 0% deal on purchases as RBS and NatWest use a negative order of payments. If you use the card for further purchases once you’ve transferred a 0% balance to it, every penny of your repayment will be allocated against the interest-free balance transfer, leaving your purchases to rack up interest from the moment the introductory 3-month purchase offer runs out.

Which? Best Rate credit cards

If you need advice to help you choose the best credit card for your needs, read the free Which? guide to choosing a credit 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.

And check out Which? Recommended Providers to find out which credit companies offer the best customer service without hitting you in the pocket.

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