Barclaycard launches two-year interest free deal
Barclaycard has kickstarted a price war with other credit card providers by offering a two-years interest free on balance transfers.
The offer is available for a limited time only and could provide significant savings to customers saddled with large debts on existing cards.
It comes in response to the launch of a 20-month interest-free deal by Halifax.
Commenting on the figures, credit card spokesperson at price comparison website moneysupermarket.com Hannah-Mercedes Skenfield said the recent introduction of these two offers show the credit card wars are "really hotting up".
Following the Hailfax announcement, she continued, "Barclaycard has responded immediately with a deal that blows all others out of the water - a staggering two year interest free on balance transfers - a UK first".
"It is difficult to see how this deal can be bettered, so it will be interesting to see how other providers respond," Ms Skenfield added.
Use the Myfinances.co.uk comparison tables to find the best deal on a credit card
Comments
Newsletter sign up