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Interest free credit cards

An interest free credit card provides you with the opportunity to borrow money without being subjected to interest and fees when it comes to repayment, so effectively you only pay for what you spend.

There are plenty of credit card providers offering promotional introductory interest free periods to attract customers. However, these benefits usually only last between six months to a year; after which, a number of fees, terms and conditions need to be accounted for. Some will make up for not charging any interest by raising interest rates dramatically once the interest free period has finished. Other companies may introduce other fees in a bid to recoup some of this lost revenue.

Sound confusing? That’s because it is and there a number of factors to considers when looking for low interest credit cards. With myfinances.co.uk you can find low interest rate credit cards on offer in the UK and choose the best interest free credit card for you.

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    Check our directory of credit card companies for the latest credit card offers, information on leading credit card companies and to start comparing credit cards from across the UK market.

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