Nationwide credit cards

Published on 30 August 2010 by Raffick Marday

Nationwide can be undoubtedly termed as one of the most renowned and popular building societies of United Kingdom. It has always been a leading ambassador and played a fundamental role in initializing various financial policies in an effervescent manner.

Nationwide credit cards can mainly be distinguished into three categories- gold card, classic card and reward card.

The Nationwide gold credit card plays a pivotal role in reducing both credit card debts and the expenditures of our daily lives. A maximum number of 56 days have been allocated for the purchases if an individual pay his/her total balance within the scheduled period of time. However, there hardly exists any interest free period on cash withdrawals and balance transfers. It further offers the privilege of 0% facility on balance transfers and purchases for a fixed time period.

In a recent research it has been speculated that nearly two third of the credit card holders transferring 0% balance, has been successful enough in paying interest. With the advent of the Nationwide credit cards, paying massive interests is no longer a problematic issue.

In order to apply for the Nationwide credit cards, an individual must be eighteen years or above age and should definitely possess an annual income of more than £25,000, accompanied with an exceptional credit history.

Again this card can also be used abroad as it deals with lower usage fees compared to the other ones. You won’t be charged with any kind of commission fee, while traveling in European countries and even in the Middle Eastern countries like Israel and Turkey. However, this reduced fee is only applicable while purchasing abroad, as cash withdrawals remain pretty expensive at any corner of the globe and also do not possess any interest-free period.

These credit cards are truly ideal not only for everyday spending, but also for paying balance transfers from any part of the world.


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