0% Credit Card Offers

What are the 0% credit card offers currently available to UK customers in 2020?

The UK credit card market is very competitive with many firms competing for new customers.

As a result, the 0% credit card offers available are constantly changing. New 0% credit card deals and offers are are introduced regularly.

There are now some competitive 0% credit card deals and offers currently available: –

• Many 0% credit cards offer a long 0% introductory deal on balance transfers
• A smaller number of cards offer a long 0% introductory deal on purchases

There are also a few cards available that offer an equally long 0% introductory deal on both balance transfers and on purchases.

0% Credit Card Offers For Balance Transfers

0% credit card offers for balance transfers allow a customer to transfer a balance from an existing credit card to a new card that offers a long 0% introductory deal on balance transfers.

A customer can save money by paying no interest during the introductory 0% balance transfer period. In most cases however, the customer will have to be pay a balance transfer fee.

At the end of the introductory 0% period, the interest rate on any outstanding balance remaining on the card will return to the standard APR rate for the card, which is typically around 19.9% APR variable.

All of the following featured UK credit cards currently have 0% credit card offers for balance transfers:-

0% Credit Card Offers

M&S Transfer Plus Credit Card*

Balance Transfers:

0% for 28 months

Balance Transfer Fee:

2.85%

Purchases:

0% for 6 months

Representative APR:

19.9% APR (variable)

Credit Card Details

M&S Transfer Plus Credit Card*

• 0% for 28 months on balance transfers made within 90 days of account opening
• 2.85% balance transfer fee, minimum £5
• 0% on purchases for 6 months from account opening
• Collect M&S points every time you shop anywhere in the world with your card
• Preferential rates when you use your card to order M&S Travel Money
• Manage account online
• Annual Fee: £0

Application Criteria

M&S Transfer Plus Credit Card*

• You are a UK resident
• You have a UK bank or building society account
• You are aged 18 or over
• You have not held a credit card with M&S Bank within previous 12 months

0% Credit Card Offers

HSBC Balance Transfer Credit Card*

Balance Transfers:

0% for 25 months

Balance Transfer Fee:

1.5%

Purchases:

0% for 3 months

Representative APR:

21.9% APR (variable)

Credit Card Details

HSBC Balance Transfer Credit Card*

• 0% interest for 25 months on balance transfers made within first 60 days of account opening
• 1.5% balance transfer fee (minimum £5)
• 0% interest on purchases for 3 months from account opening
• At end of promotional period, balance transfers and purchases will revert to standard variable rate
• home&Away rewards programme giving you instant discounts from well-known brands
• Online account management
• Annual Fee: £0

Application Criteria

HSBC Balance Transfer Credit Card*

• You have an annual income or pension before tax of £8,500 or more
• You are a UK resident
• You are aged 18 or over
• You do not hold an HSBC Basic bank account

0% Credit Card Offers

Nationwide Member Credit Card*

Balance Transfers:

0% for 18 months

Balance Transfer Fee:

1.5%

Purchases:

0% for 3 months

Representative APR:

19.9% APR (variable)

Credit Card Details

Nationwide Member Credit Card*

• 0% on balance transfers for 18 months if made within 90 days of account opening
• 1.5% balance transfer fee within first 90 days, after that 2.4% fee applies, minimum £5
• 0% on purchases for 3 months from date you open your account
• Unlimited commission-free purchases abroad
• Manage account online
• Annual Fee: £0

Application Criteria

Nationwide Member Credit Card*

• Must be a Member of Nationwide. This means you already have a current account, mortgage or savings account with Nationwide
• You are a UK resident
• You have a minimum income of £5000 per year
• You have a good credit history
• You are aged 18 or over

0% Credit Card Offers For Purchases

0% credit card offers for purchases allow a customer to make purchases, such as a holiday or a TV for example, using their card. The customer will pay no interest on their purchases, during the introductory 0% offer period available on the card.

At the end of this introductory 0% period, the interest rate on any purchases made will return to the standard variable APR rate for the card. This rate is usually around 19.9% APR variable.

0% purchase credit cards are not as common as cards with 0% balance transfer offers. However all of the following featured UK credit cards do currently have longer 0% credit card offers for purchases:-

0% Credit Card Offers

M&S Shopping Plus Credit Card*

Purchases:

0% for 20 months

Balance Transfers:

0% for 20 months

Balance Transfer Fee:

2.9%

Representative APR:

19.9% APR (variable)

Credit Card Details

M&S Shopping Plus Credit Card*

• 0% on purchases for 20 months from account opening
• 0% for 20 months on balance transfers made within 90 days of account opening
• 2.9% balance transfer fee, minimum £5
• Collect M&S points every time you shop anywhere in the world with your card
• Preferential rates when you use your card to order M&S Travel Money
• Manage account online
• Annual Fee: £0

Application Criteria

M&S Shopping Plus Credit Card*

• You are a UK resident
• You have a UK bank or building society account
• You are aged 18 or over
• You have not held a credit card with M&S Bank within previous 12 months

0% Credit Card Offers

HSBC Purchase Plus Credit Card*

Purchases:

0% for 18 months

Balance Transfers:

0% for 18 months

Balance Transfer Fee:

2.9%

Representative APR:

22.9% APR (variable)

Credit Card Details

HSBC Purchase Plus Credit Card*

• 0% interest on purchases for 18 months from account opening
• 0% interest for 18 months on balance transfers made within 60 days of account opening
• 2.9% balance transfer fee (minimum £5)
• At end of promotional period, balance transfers and purchases will revert to standard variable rate
• home&Away rewards programme giving you instant discounts from well-known brands
• Online account management
• Annual Fee: £0

Application Criteria

HSBC Purchase Plus Credit Card*

• You have an annual income or pension before tax of £8,500 or more
• You are a UK resident
• You are aged 18 or over
• You do not hold an HSBC Basic bank account

Customers looking for the best 0% credit card deals and offers are more likely to be accepted for any of the above deals if they can meet the following requirements:-

• Are on the electoral role
• Have a good credit history
• No bad debts in the recent past
• No recent missed payments

These 0% credit card deals and offers are available in credit cards with both MasterCard and Visa branded cards.

It is essential that a customer with a 0% credit card makes all monthly payments on time to the credit card company. The card companies can withdraw a customer’s introductory 0% credit card offers, if they are late in making any monthly payment.

Related Content From 0% Credit Card Expert:-

£3000 Credit Card Limit
Which UK credit cards are more likely to give a £3000 credit card limit to new customers? Is a £2000 credit card limit easier to… Read More >>

0% Credit Card Abroad?
Can you use a UK issued 0% credit card abroad? Over recent months, we have seen many UK credit card customers looking for an answer about… Read More >>

Nationwide Credit Card Offers
The new Nationwide credit card offers now include longer 0% introductory offers on balance transfers and on purchases.  The Nationwide credit cards also offer customers,… Read More >>