Natwest has offered me a 5.9% BT Rate . .

Maxwell007

Why does Natwest think this is a good deal !?

Balance Transfers Offer of 5.9% (Variable) NO FEE

When I compare with other deals on the market it’s not that great

I want to transfer 7k and pay over 18-20 months

Then again I guess I would have to apply and get approved for another credit card . . .

[Deleted User]

It's good for those who can't get better.

NatWest don't play at the competitive end of the market. They vocally withdrew some years ago.

Maxwell007

Deleted_User wrote: »

It's good for those who can't get better.

NatWest don't play at the competitive end of the market. They vocally withdrew some years ago.

Very True, its a great deal if it was the only deal out there,
This is the best they have offered me in 10years hahaah

redux

Maybe useful, maybe not.

Without a transfer fee, this could even be useful to someone who likes 0% offers, but needs to bridge between a couple of them with something interim for 4 or 6 months.

Terry_Towelling

Maybe NatWest has worked out you are in the market for a balance transfer and knows that you have little chance of getting a better deal elsewhere or that you'll not be offered a high enough credit limit on a rival product.

Indeed, if you can't get anything better then this may be helpful to you.

A4445

I don’t think that’s a bad deal at all.

boo_star

If you can't get a better offer it's not a bad offer. It's likely to be considerably less than the average APR for a credit card.

jimbo26

If it isn't a good deal for you and you can get a better deal elsewhere then don't take them up on the offer. Simples