Nationwide credit cards get more costly
Wednesday, 01 Aug 2007 16:14
From October 17th 2007 using your Nationwide credit card to withdraw cash will become more expensive.
The interest rate on cash is set to rise to 22.9% on all Nationwide credit cards, to go with the cash advance fee of 2.50% (minimum £3).
Despite the increase Nationwide is still cheaper than the majority of credit cards for withdrawing cash.
Additionally when people make payments to their Nationwide cards the money is used to pay off the most expensive debt first, something most lenders do not do.