RBS Platinum Credit Card
Enjoy 0% interest on balance transfers for 16 months and pay 0% on purchases for 3 months with the RBS Platinum Card. After this period, you will get up to 56 days interest free credit on all purchases if you clear your card every month. Otherwise, interest rate on purchases is just 16.95% representative APR (Variable).
This fantastic credit card doesn't come at a cost either, with no annual management fee. The criteria isn't that strict, all you need to be is 18 years or older and be earning £10,000 or more per annum.
So what other benefits do you get? I hear you ask. Owning an RBS Platinum Card gives you access to a range of top discounts including, 10% off UK short breaks with Superbreak and 20% off at BuyAGift.com. You even get access to the ever popular, Royal Bank Wine Club.
Managing the Platinum card is a doddle. You can check your balance online and can even set up direct debits so that you don't ever miss a payment. Another perk to this card is that the credit limits are extremely flexible (6 monthly reviews) allowing you some breathing space if your finances take a hit.
The only downside to this credit card is that card protection comes as an optional cost (£36.99 per annum) which covers cards for loss, theft or fraudulent use.
RBS Platinum Details
| Standard Rate: | 16.95% Representative APR (variable) |
| Balance Transfer Deal? | 0% APR for 16 months (2.9% transfer fee applies) |
| Purchases Deal? | 0% APR for 3 months |
| Minimum Balance Transfer Fee: | £5 |
| Introductory Cashback | |
| Standard Cashback | |
| Annual Fee: | - |
| Interest Free Period: | Maximum 56 days on purchases if you pay your balance in full and on time |
| Minimum Repayment: | The greater of interest plus default charges plus 1% of your balance, or £5, or the amount you owe over your credit limit |
| Minimum Credit Limit: | £300 |
| Maximum Credit Limit: | Subject to Status |
| Minimum Applicant Age: | 18 |
| Minimum Anual Income: | £10,000 |
| Notes: | A long balance transfer offer and relatively low acceptance criteria |
| Representative Example: | Assumed borrowing of £1200, representative 16.95% APR (variable). Purchase rate 16.95% PA. |
RBS Platinum Card Summary
- No Annual Fee
- 16.95% representative APR (Variable)
- 0% on purchases for 3 months
- 0% interest on balance transfers for 16 months
- 56 days interest free credit on all purchases
- Daily Cash Advance - Get up to £750 each day from cash machines around the world. This is subject to a 3% handling fee with a minimum £3.00.
- Flexible Credit Limits - 6 monthly credit limit reviews. Ideal if you find you need to expand your credit in a hurry.
- Shopping Discounts - 10% of UK holiday breaks and 20% off BuyAGift.com
- Wine Club Membership
