Balance transfer period increased on Barclaycard Premium

MBNA unveils 20 month 0% balance transfer credit card

MBNA has launched a credit card offering zero per cent interest on balance transfers for 20 months. The card has a representative rate of 16.9% APR variable.
Barclaycard balance transfer card offers 25 per cent off fees

The Barclaycard balance transfer credit card is now offering 25 per cent off handling fees, when the user has to make more than one balance transfer.

Monday, 23 August 2010 12:00

The balance transfer period on Barclaycard Premium has been increased.

New customers can now enjoy 16 months at zero per cent with a handling charge of 2.9 per cent.

They will also gain zero per cent interest on purchases for the first three months and a 16.9 per cent typical annual percentage rate.

The balance of transfers period has been upped to 16 months in a bid to provide people with an affordable way of controlling their finances.

Reacting to the news, credit card manager at Confused.com Chris Griffiths noted: "It's great for consumers to see providers competing on long-term balance transfer rates like this."

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