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Argos MasterCard - 3 months interest free on everything

Pound
Pound Posts: 2,784 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
http://www.argosmastercard.co.uk/

New credit card from Argos, doesn't come out until 20th June.

With this card everything you buy you get 3 months interest free. So unlike standard credit cards where you get 56 days to pay it off, this one you get 3 months. The good thing about this card is that the "3 months interest free" offer lasts forever, rather than just an introductory offer. So, use it in 5 years time, you get 3 months to pay it off.

There are cards with better APR, and longer 0% but these revert after so long where as this card doesn't. Not the best card for everyone, but the 3 months interest on everything is a new thing so just giving it a mention.

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New:

Some people are getting letters about 10% of your Argos purchases back in gift vouchers. Might be worth looking out for.
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Comments

  • DesG
    DesG Posts: 1,291 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Your link is not working Pound!


    That looks quite interesting 3 months interest free on purchases, I think I will have to grab one of those.

    Cheers, Des.
  • rsykes2000
    rsykes2000 Posts: 2,494 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Not available until June 20th, according the the website - working link here :)
  • MoggyMCFC
    MoggyMCFC Posts: 11 Forumite
    Not working for me Hmmm
  • Suppose it would be useful for a homebuyer to help them get there furnature. But otherwise I can see many people requireing it and then again a 0% for 12month card would prob be better for furniture.

    Anything else, if it aint needed dont buy it until you can afford it and I can certainly wait 3 months for anything :)
  • exel1966
    exel1966 Posts: 5,081 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Pound wrote: »
    http://www.argosmastercard.co.uk/

    They give you 3 months interest free on everything you buy. The good thing about this card is that the 3 months isn't just an introductory offer, but is forever.
    QUOTE]



    3 months interest free then 17.9% !!! There are plenty of other cards out there offering up to 12 months interest free and lower APR's.
  • swayze
    swayze Posts: 229 Forumite
    Pound wrote: »
    http://www.argosmastercard.co.uk/

    New credit card from Argos, doesn't come out until 20th June.

    They give you 3 months interest free on everything you buy. The good thing about this card is that the 3 months isn't just an introductory offer, but is forever.

    Might be good for people who want to save interest but don't want to keep applying for different cards. Just buy something then pay it off after the 3 months is up.


    Its not forever its for 3 months!
  • DesG
    DesG Posts: 1,291 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    swayze wrote: »
    Its not forever its for 3 months!


    No, it is 3 months, forever.

    Cheers, Des.
  • it'sme_2
    it'sme_2 Posts: 16 Forumite
    what exactly do you mean by it 3 months free forever???

    be careful because some cc companies don't except certain argos cards when doing balance transfers. so if it turns out it's not intreset free forever, then if yu do decide to move the balance you may finf it difficult.
  • Mozette
    Mozette Posts: 2,247 Forumite
    What does 3 months forever mean??????
  • Pound
    Pound Posts: 2,784 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Sorry, I didn't make the 3 months interest free clear. Basically, everything you but you get 3 months 0% interest. What I mean by 'forever' is, unlike other cards, this isn't just an introductory offer. So if you use it in 12 months time you get 3 months interest free on what you buy. Hope that makes sense.

    This is a standard credit card, not the Argos store card so you should be able to BT with this one.

    I agree with exel1966. There are cards with better APR and you might be better going for cards with 12 months 0% interest. The 3 months interest free everytime is a unique thing Argos is offering so might be of use to some people.
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