Nowadays, you can receive many things from your credit cards. Such advantages include interest-free periods on balance transfers and purchases, as well as cashback and free of charge withdrawals when you are abroad.
With a good credit rating, you might have two or three credit cards. However, if you wish to carry only one credit card, you need to choose between the best credit cards that are offered on the market. Here we take a closer look at one of those cards.
This card offers 0% balance transfers, 0% purchases, you receive cashback, as well as free usage abroad. Furthermore, Nationwide has recently reduced the balance transfer fee on its Nationwide Select credit card. The normal deal that you get is 0% interest on balance transfers during the first 26 months after you receive the card, plus a balance transfer fee of 2.4% of the amount you are transferring. However, until the end of March 2014, you can have the same deal but just for a 0.75% fee.
Some of the other benefits you receive with the Select card include a competitive 15 months interest free on purchases, commission-free purchases abroad and 0.5% cashback on all purchases made in pounds. This really can be labeled as the best all-round credit card on the market. However, it is important to note that the Select card is only available to current account customers of Nationwide. Nonetheless, if you decide to open FlexAccount, FlexDirect or the £10 per month FlexPlus, you will still be qualified to apply for the card.
FlexDirect is an account that really deserves more attention. The reason why is because it offers 5% AER on in-credit balances which go up to £2, 500, plus a free-free overdraft for 12 months.
However, if you do not want to open a new account just to receive the Select card, you can still benefit from the cheapest balance transfer offer which is through the Nationwide Visa, which is accessible to everyone. This card comes together with 0% on balance transfers for 26 months, plus the reduced 0.75% fee which is available until the end of the month. Also, you will get a three months interest-free on purchases. In addition to that, you will be able to build up a commission-free allowance when you spend abroad from the card.
Thus, if you are looking for a card that offers many advantages, it is worth considering Nationwide Select card.