New prices on Nationwide credit cards
Monday, 05 Mar 2007 14:40
Nationwide Building society credit cards have updated their credit card rates.
From tomorrow (March 6th, 2007), new introductory rates will apply to Nationwide's Gold and Classic credit cards.
The cards will now offer:
0% on balance transfers for 10 months with 2.5% (minimum £2.50) fee
0% on purchases for three months
"The change we have made to our credit card pricing follows significant shifts in the market over the past year and ensures we continue to offer our customers a competitive credit card product that meets their needs," said Nationwide executive director Stuart Bernau.
"This change follows a series of initiatives recently launched by the Society including a new five-year fixed rate mortgage for loyal members and a new range of guarantees on savings products."
Other features of the Nationwide credit cards:
Commission free card use abroad
Positive order of payments – which means Nationwide ensures that the most expensive debt is paid off first when a credit to the account is made, unlike many other card providers
Free 12 months extended warranty on selected purchases
100 days free purchase protection against loss, theft or damage on most purchases over £50
Up to 56 days interest free credit
Free, secure online banking
Free Nationwide Fraud Watch, including active account monitoring
No annual fee.