If you live in the UK and want to get a no fee credit card, you will enjoy the fact that most financial institutions offer products that do not charge an annual fee. Among them are Halifax, Tesco Bank, HSBC, and others. Although many credit cards look like a good deal, it is wise to inquire whether credit cards come with penalties, high interest rates, and other features that do not work to the cardholder’s advantage
It is a good idea to check whether your financial institution is not charging an excessive interest rate to recoup the annual fee. Then, does the bank charge more for going over the limit and defaulting on payments? Finally, your financial institution may feature no annual fee credit cards, but not introductory zero interest periods.
It should be noted that derivatives and non-bank cards are usually featured with higher interest rates than standard credit cards. For instance, interest on cash withdrawals can be very high, and late payments may incur a high APR.
It is a good idea to shop around and look for beneficial features such as a long introductory period, contactless payments, discounts on experiences, days out, and holidays, bonus points, and other features. There are plenty of credit cards to choose from, and one is Platinum Simplicity, featured by Barclays Bank. This credit card is featured with a minimum credit limit of 250, no annual fee, and a 7.9 percent APR. Cardholders benefit from the bank’s reward program and earn points when shopping at participating retailers, among which Hawes and Curtis, Pizza Express, Spirited Wines, and many others. Capital One also offers a no annual fee credit card to its customers in the UK. Clients of the bank who opt for the Capital One World MasterCard enjoy a variety of beneficial features, including online banking, identity theft assistance, purchase protection, no annual fee, and more. The interest rate is set at 19.9 APR, and the credit limit is 1,200. Cardholders enjoy a long grace period of 45 days on purchases if their balance is paid in full.
Another no annual fee credit card to check is the HSBC Credit Card, featured with no interest on balance transfers during the first 15 months, 16.9 percent APR, no annual fee, and supplementary cards available to family members and partners aged 18 years or older. This credit card is offered with a variety of added benefits, such as holiday discounts, online banking, 24/7 worldwide assistance, and more. Those who choose to book a vacation package through the bank’s Travel Service get 8 percent off. If their credit card is stolen or lost, cardholders can make emergency cash advances. There is a variety of credit cards to check, but it is wise to inquire about the added benefits offered with the credit card, including cash back, free travel accident insurance, online fraud guarantee, etc. Some banks, for instance, Halifax feature the so called ‘worthy cause’ cards, offered to clients who would like to support a worthy cause.
Finding a solid ICICI Bank is not easy, check if Britannia is the right for choice for you.
Debt settlement companies act on behalf of you to help clear your debts. They do this by entering into direct negotiations with creditors in order to facilitate the repayment of debts. In return for their services, debt settlement companies charge a fee for their services, often thousands of dollars.