NatWest has two cards offering balance transfer deals. The NatWest Balance Transfer card, which we are reviewing here, offers a shorter interest-free period but doesn't charge as high a balance transfer fee as the NatWest Longer Balance Transfer card.
Key facts about the NatWest Balance Transfer credit card
Best for: Those looking for a low balance transfer fee
Introductory offer: Interest-free for 18 months on balance transfers and 3 months on purchases
Representative APR: 19.9% variable
Fees: 0.49% balance transfer fee, no annual fee
Perks: As it is part of the Mastercard network, cardholders have access to the Precious Cities rewards scheme
Pros of the NatWest Balance Transfer credit card
- Unlike with many other cards, you won't be taken off the introductory rate if you miss a payment, although you will still be liable for a late payment penalty
- It has a relatively low balance transfer fee, which is a benefit if you have a large amount to move over
- The mobile app lets you manage the card easily and includes a free feature that allows you to check your credit score
Cons of the NatWest Balance Transfer credit card
- The card is only open to current NatWest customers with an existing current account, savings account or mortgage with the bank
- Balance transfers are limited to 95% of your credit limit
- You are only likely to be accepted for the card if you have an excellent credit score. You also need a minimum annual income of £10,000
How to manage your payments on the NatWest Balance Transfer credit card
You can manage your account through the mobile app or in NatWest branches
How to apply for the NatWest Balance Transfer credit card
Alternatives to the NatWest Balance Transfer credit card
For other options, read our article "Best credit card in the UK"
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