Pay 0% interest on your new purchases
The could save you
New purchase credit cards
What is a new purchase credit card?
With purchase credit cards they often offer 0% interest or low rate interest for a set period of time.
Simply, if you repay the amount owed within the provided time frame you will not have to pay any interest for the money you have borrowed.
Whether you want to buy a dream wedding dress, a new bathroom suite or a laptop, a credit card with a low purchase rate could allow you to spend now and pay later, without paying any interest if you pay off the debt within the time frame.
This type of card could be an option if you are looking to spread the cost of a purchase without incurring interest for a set time period.
With any form of borrowing, you need to make sure you are aware of what the ongoing interest rate will be after the introductory period ends, and ensure you’re comfortable with this rate.
Any outstanding debt after the initial rate will move to the ongoing APR.
There are a variety of types of credit card on the market and it is worth hunting around to find the one which is right for you.
The compare themarket .com money comparison service is provided by lovemoney.com financial services limited of 2nd Floor 112 – 116 Old Street, London EC1V 9BG, who are authorised and regulated by the Financial Conduct Authority (FCA FRN 479153). lovemoney.com financial services limited is not a member of the BGL Group of which BISL Limited forms part. lovemoney.com financial services limited provide an independent service free of charge but will receive a commission from the brokers and creditors they refer you to. compare themarket .com receive a commission from lovemoney.com financial services limited.
© 2013 compare themarket .com. All rights reserved. compare themarket .com is a trading name of BISL Limited. BISL Limited is an independent intermediary dealing with selected insurers and authorised and regulated by the Financial Conduct Authority .