If you would like make a large purchase and spread the expense of repaying it, a 0% purchase charge card may be a great option вЂ“ provided you retain together with your repayments.
These cards provide you with a long interest-free duration to cover your debt off without incurring any expenses whatsoever.
Regrettably, it would appear that interest-free terms are getting to be less large.
Back might 2019, the longest 0% purchase credit card offered 28 months, nevertheless the longest interest-free card in offer is currently 26 months.
During the time of writing, Santander offers 26 months interest-free featuring its purchase charge card, however you will need to pay a ВЈ3 month-to-month fee.
Therefore, it isn’t actually free while you’re spending a cost in the place of interest: on the 26-month 0% screen, you will rack up ВЈ78 in expenses. (more…)