Compare Credit cards

Credit card industry faces transformation (21-1-10)

Credit card providers may soon be forced to change their ways, as the government attempts to make credit and store cards fairer for consumers...
Read more

Brits to transfer £3.2billion of credit card debt (4-1-10)

Millions of people are planning to take control of their finances in the New Year by transferring their credit card debt to a new 0% deal...
Read more

0% balance transfer credit cards

0% balance transfer credit cards revolutionised the credit card market, sparking a rate war in which lenders fought to entice consumers with interest free credit cards...
Read more

Transfer your Christmas credit card balance

Want to clear your Christmas debt? This guide shows you how to save hundreds of pounds with a 0% balance transfer credit card...
Read more

Supermarket credit cards

If you spend a fair amount of money on your supermarket shopping then getting a supermarket credit card and collecting "points" on every shop could save you money...
Read more

Best credit card rewards

Do you fancy a free flight, free CDs or some free cash? Then check out our round-up of the best reward credit cards on the market...
Read more

Interest free credit cards

Credit cards can have some of the highest rates of interest of any form of borrowing. For some people, the interest paid every month eats into their earnings. It’s important, therefore, to know how much interest you are paying on your credit card each month and, if possible, to switch to an interest free credit card instead.

There are plenty of deals which can help you borrow for longer without paying interest, you just need to know how to find the right one for you. Before signing up to any credit card or borrowing agreement, you must read the small print and know precisely what you are agreeing to.

There are two main types of interest free credit card: 0% on purchases credit cards and 0% balance transfer credit cards.

0% on purchases credit cards

This type of credit card allows you to make purchases without paying interest for a certain period of time. This type of interest free credit card is useful if you want to make interest free purchases, as long as you know you can repay the balance before the promotion finishes.

0% balance transfer credit cards.

This option allows you move debt from one credit card to another, and to stop paying interest on that borrowing. This is good if you are focused on paying off the debt, and know you can do so within the allocated interest free period. It is important not to make any purchases on this type of interest free credit card. Purchases will not be interest free and may even incur particularly high interest.