British credit cardholders can save by using balance transfer cards with 0% interest for a limited time, but must pay off debt before expiry to avoid high rates.
British credit cardholders can save significantly by using balance transfer cards, which allow shifting debt from high-interest cards to new ones with 0% interest for a limited period. It’s crucial to pay off the debt before this period expires to avoid high interest rates. Comparison sites like Uswitch and Money Saving Expert can help find the best options. These cards are especially beneficial for those with lower credit scores, but terms and transfer fees should be considered.
October 20, 2024
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