Nationwide credit card at a preferential rate of 4.9% for 6 months

jayjayuk

JUST HAD THIS FROM NATIONWIDE...
IM STILL IN SHOCK LOL .....


**BALANCE TRANSFER OFFER ESPECIALLY FOR YOU **
As one of our valued credit card customers we are offering you the chance to transfer balances from other cards to your
Nationwide credit card at a preferential rate of 4.9% for 6 months* (3%, minimum £5, fee applies).
You can transfer a balance by either logging onto our Internet Bank, selecting your credit card and Transfer a Balance , or
giving us a call on 08457 99 88 99. Balance transfers must be made by the 17th March 2010 to qualify.
*Promotional rate applies for 6 months from the date of the first qualifying balance transfer, regardless of the number of
balance transfers made during the promotional period, after which your ongoing rate will apply. For details of your ongoing
rate, please refer to the back of your statement.

stephane_2

4.9% is very good but far, far too short for the long term...shame

Any

stephane wrote: »

4.9% is very good but far, far too short for the long term...shame

Agree!! Still schocking to see this from Nationwide though! I've never ever seen repeat offer from them before!!

Well, you learn something new every day..

jayjayuk

i know.... its a shame its not longer....
but i have 1.5k tied up in barclaycard for life of balance.... and i have no other credit card debt wish i did now!!!

just to let ppl know its the gold card. so now they can't say they don't do offers any more!!!

chattychappy

Interesting! I've had a gold card for a number of years. I rarely use it and have never had a repeat offer.

But 4.9%+3% for 6 months... pretty awful really... roughly APR 11% taken together for 6 months, followed by the standard rate..