- No rewards breakdown available
Focuses on long-term interest-free periods rather than a cash welcome bonus.
N/A
24.9% Variable APR
The TSB Platinum Purchase Card stands out as the top choice because of its long 0% interest period on purchases, lasting up to 25 months. This makes it an excellent option for consumers looking to finance larger purchases without incurring interest.
Pros:
- Long 0% interest period on purchases
- Straightforward fee structure
Cons:
- No cash welcome bonus
- Limited rewards structure
- No rewards breakdown available
Some promotions offering £20 back for qualifying transfers.
0%-0%
24.9% Variable APR
What sets this card apart is its long 0% interest period on both purchases and balance transfers, making it a compelling choice for new customers looking to manage their finances effectively.
Pros:
- 0% interest on purchases for up to 24 months
- 0% interest on balance transfers for up to 21 months
Cons:
- 3.45% balance transfer fee
- Promotional terms can vary
3.Lloyds Bank Ultra Credit Card Visa
Lloyds Bank
- 1%Cashback on all purchases for the first year
- 0.25%Cashback on all purchases thereafter
1% cashback on all purchases for the first 12 months.
1% cashback on all purchases for the first year.
12.9% Variable APR
The standout feature here is the unlimited cashback for the first year, making it an attractive option for those who want to earn rewards on their everyday spending.
Pros:
- Unlimited cashback for the first year
- No annual fee
Cons:
- Lower cashback rate after the first year
- Limited to cashback rewards only
4.Barclaycard Avios Plus Mastercard
Barclaycard
- 1.5Avios on all purchases
Collect 25,000 Avios when you spend £3,000 in the first three months.
Earn 1.5 Avios for every £1 spent.
80.1% APR variable
A key differentiator for the Barclaycard Avios Plus Mastercard is its competitive earning rate of 1.5 Avios per £1 spent, making it a solid option for those looking to accumulate Avios on everyday purchases.
Pros:
- Competitive earning rate of 1.5 Avios per £1 spent
- Generous welcome bonus
Cons:
- High annual fee
- High APR
5.Santander Edge Credit Card
Santander
- 1%Cashback on all purchases
Targeted offer for current account holders if they use the card 10+ times and set up a Direct Debit within the first three months.
1% cashback on purchases, capped at £10 per month.
37.8% APR variable
This card shines for its combination of cashback rewards and fee-free spending abroad, making it a versatile choice for frequent travelers.
Pros:
- Combination of cashback rewards and fee-free spending abroad
- Attractive welcome bonus
Cons:
- Monthly fee
- Cashback cap may limit appeal
Final Words
As you consider the best credit cards this February, remember that your ideal choice will align with your financial needs and spending habits. Take time to compare the options available, focusing on features like interest-free periods and fees, to make well-informed decisions that enhance your financial well-being.
Frequently Asked Questions
The TSB Platinum Purchase Card Mastercard focuses on long-term interest-free periods rather than a cash welcome bonus.
The Lloyds Bank Ultra Credit Card Visa offers 1% cashback on all purchases for the first year, followed by 0.25% cashback on all purchases thereafter.
No, the Barclaycard Platinum 21 Month BT and 24 Month Purchase Visa has an annual fee of £0, making it a cost-effective option for users.
The TSB Platinum Purchase Card offers an impressive long 0% interest period on purchases, lasting up to 25 months.
The Barclaycard Platinum card has a balance transfer fee of 3.45%, which should be considered when transferring existing balances.
To choose the best credit card, consider factors such as your spending habits, whether you prefer rewards or lower interest rates, and any fees associated with the card. Compare different options and read the terms carefully to find the best fit for you.
Eligibility requirements for UK credit cards typically include being at least 18 years old, a UK resident, and having a good credit history. Lenders may also consider your income and existing debts when assessing your application.
