If you would benefit from a card with an interest-free balance transfer period but have a less-the-perfect credit score, the Fluid credit card could be a good option. It doesn't enjoy the same extended introductory period as some cards in the balance transfer category, but could help improve your credit profile if used responsibly.
Key facts about the Fluid credit card
Best for: those with slightly impaired credit
Introductory offer: Interest-free for nine months on balance transfers
Representative APR: 34.94% variable
Fees: No annual fee, 4% balance transfer fee
Perks: No specific bonuses
Pros of the Fluid credit card
- It's one of the few balance transfer cards available to those with slightly impaired credit and could help you pay off existing debt over the introductory interest-free period
- You can make unlimited balance transfers during the first 60 days after opening the account, although the minimum transfer is £100 and you can only transfer up to 90% of your credit limit
Cons of the Fluid credit card
- The 4% balance transfer fee is high compared with some of its competitors
- It has a relatively high APR of 34.94% (variable) when the introductory period comes to an end, as well as for purchases
- The credit limit is subject to status and could be as low as £250
- You cannot transfer balances from store cards, any other card provided by NewDay, American Express, Pre Paid, Cashplus or Business credit cards
How to manage your payments on the Fluid credit card
Cardholders can manage their account through the Fluid Online Account Manager or over the phone
How to apply for the Fluid credit card
The first step is to complete the Fluid eligibility checker which does not leave a footprint on your credit report. If successful, you will be guided through to the online application process, with an almost instant response
Alternatives to the Fluid credit card
For other options, read our article "Best credit card in the UK"
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