Abbey relaunches Zero card

Monday, 11 May 2009 12:01

Abbey is today relaunching its Zero credit card, which has no foreign exchange fee and no cash advance fee.

The card also offers a 0% rate on balance transfers for 12 months and a 0% rate on purchases for three months.

Roger Lovering, managing director of Abbey Credit Cards, said: "We are delighted to bring back the popular Zero card in time for the summer holiday season.

"Zero is the only credit card on the high street with no foreign exchange fee, helping to make holiday spending less expensive because unlike other cards, it doesn't charge a percentage fee on transactions made in a foreign currency."

Michelle Slade, of Moneyfacts, added: "The relaunch of the Abbey Zero card is fantastic news for customers who are looking to cut down on their costs when using their card abroad this holiday season."

Zero is available in branch, over the telephone or online. A fee of three per cent (minimum £5) applies to balance transfers.

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