Nationwide re-launches market-leading credit card

gold credit card

Nationwide has re-launched its market-leading 0% purchase credit card to new customers.

The Select credit card tops the tables for 0% purchase deals with a no interest period for the first 18 months.

The card also offers a 0% period on balance transfers for 17 months, with a 2.95% balance transfer fee.

However, to take advantage of these offers you need to have Nationwide's FlexAccount - which is free - as your main current account.

Cardholders also get the benefit of commission-free purchases when the card is used abroad and 0.5% cash back on all sterling purchases, except for cash advances.

See top credit cards available to you today


"As we start the New Year, the Select credit card, with its market-leading 0% for 18 months purchases and 0.5% cashback offer, provides people with the ideal opportunity to take advantage of those bargains in the sales," says Graham Pilkington, Nationwide's director of banking.

"At the same time, by offering a competitive 17 months 0% balance transfer offer, the Select card also caters for those consumers who are looking to transfer pre-existing balances. So, the Select card offers something for everyone."

The interest rate on the credit card reverts to 12.9% APR once the introductory period ends, which is a pretty low rate in a market that averages a rate of 18.3% APR, according to Moneyfacts.

Top credit card rates available

Moneywise's verdict:

All in all this credit card offers a very attractive deal, it's only a shame it isn't available to the wider market.

But given that the FlexAccount is one of the better current accounts on the market making the switch could be a good idea if you would really utilise the credit card.

More about