Interest-free credit card deals at a record low

Industry News | 06/01/20

Consumers relying on interest-free balance transfer cards to pay off their credit card debt will be disappointed to find that the number of interest-free balance transfer deals have fallen to the lowest January level since records began in 2007.

Research carried out by has found that not only are interest-free balance transfer deals are at their lowest levels, but the length of these interest-free deals has fallen to a five-year low – offering the shortest average deal length since January 2015.

Source: Moneyfacts