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Gimmick or Actually Useful? (Re: New Natwest CC Offer)

http://www.natwest.com/personal/credit-cards/g1/classic.ashx
Transfer any balances you have to us in the first 3 months from account opening and pay just 8.9% p.a. for life of balance and, every 6 months thereafter, we will give you a 2% payment back.
The 2% payment is calculated on the outstanding amount of those balances transferred in the first 3 months.

There's no BT fee either.

A good offer in the current climate? I myself am still undecided.
Kavanne
Nuns! Nuns! Reverse!

'I do my job, do you do yours?'

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