RBS 0% Balance Transfer Credit Card

SpeedSouth · 1 October at 11:06AM

Wondering if anyone knows the answer. I've looked in terms but still vague to my mind.

Applied for a got a 0% BT of which I have bumped 95% from another card. It leaves me 5% to spend, and then the monthly payments to top up as well.

If I spend in the first 3 months, it says 0%. Then normal rates afterwards.

0% for 13 months from account opening on balance transfers made within the first 3 months, after which standard rates apply.
No fees to transfer a balance to this credit card.
0% on purchases for 3 months from account opening, thereafter standard rates apply.

Does that mean.
1. Anyone purchases made within that first 3 months are 0% for the 13 months of the card
2. They are only 0% for the first 3 months then I end up paying standard rates on them.

If 2 is the case, I won't use it as I'd guess they will split the min payments between BT and purchases so I'd end up paying interest

Jami74 · 1 October at 11:33AM

You'd have to read the full terms and conditions but I think it's 2.

Assuming that you are asking because you are stoozing and not because you are in financial trouble, the NatWest/RBS bank let you have 3 credit cards with them so might be worth seeing if you can get a different card for your purchases.

SpeedSouth · 1 October at 2:54PM

Yeah it's stoozing. I've transferred 95% from a card ending this month. Can't apply with NatWest, something to do with an old account that closed years ago, so I can't go through the application process. Good to know on the 3 cards though, I can get another RBS one then maybe.

sausage_time · 1 October at 3:11PM

I think it best to use BT cards for nothing but the transfer offer (can't beat 0% really!). As soon as any purchases are on the card it becomes confusing.