Existing Customer Deals

Posted on 14. Dec, 2009 by admin in Credit

pd_credit_card_070429_ms1A lot of the time you see introductory deals, which are only available to new customers. It is difficult for old consumers to get great deals, even though they have been loyal customers. NatWest and the Royal Bank of Scotland realise that these consumers want to have some breaks too. Consumers with the platinum credit card can get a deal for 15 months of no interest on balance transfers. These consumers must be existing customers. HSBC is also offering a 15 month deal on interest rates. The catch is the consumer must also be part of the bank with a current account.

There are also other catches. For example your credit history will play a role in whether you can actually be awarded the card, even with the current account. Virgin Credit Card offers 16 months free interest on balance transfers, and you do not have to be part of a bank to get it. Lastly Tesco has a club card with 12 months of free interest on purchases which allows existing consumers to pay less and still shop. Other cards are offering cash back options for existing consumers. It helps to ask for deals like this with your current card before you decide to change cards.

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