Credit Cards in Ireland with introductory interest free offers or low interest for new customers : Updated April 21st 2017.
Some credit card providers in Ireland have introductory offers for new customers which usually involves several months of interest free credit. These offers can be useful if you have a large balance on an existing credit card and the provider is offering zero interest on balance transfers.
Bank of Ireland offer the longest interest free period on balance transfers – 7 months ( OR 0% for 6 months on purchases). Apply Here
Tesco Personal Finance are currently offering 6 months interest free credit on balance transfers PLUS 8 months at 0% on purchases.
PTSB are offering 0% interest on balance transfers for 6 months plus 0% on purchases for 3 months.
KBC’s credit card is interest free for 6 months just on balance transfers.
Ulster Bank’s Gold Mastercard Card offers 0% interest for 6 months on purchases and 3.9% for 12 months on balance transfers
AIB’s best offer is a rate of 3.83% on both balance transfers and purchases – for 12 months
Remember that any lower introductory rate on balance transfers only applies to your pre-existing balance amount, you will usually pay the regular rate, which will be higher, on any additional purchases on the new card. You will also still be expected to pay a minimum payment each month .
Tip : If you are moving all your debt from one credit card to another – don’t forget to write to your old credit card company asking them to close your account and cancel your card. If you’ve already paid stamp duty in the current tax year, then they will send you confirmation that your account is now closed. Send this to your new credit card provider so you are not charged stamp duty twice in the same year.