Have you ever heard of balance transfer? The RBS Balance Transfer credit card frees you from these charges for a few months.

In this article, we will show you how you can use the RBS Balance Transfer credit card in general, checking what its main uses are.

Even how exactly your balance transfer works, making it possible for those looking for a card specifically for this functionality.

Why we recommend the RBS Balance Transfer credit card

As the name itself makes clear, one of the main features of this credit card is the possibility of using balance transfers.

Something present in many cards, but in RBS Balance Transfer there is an exemption from fees for a very variable period, ranging from 12 to 31 months.

What defines how long this exemption will occur is the version of the financial product, in this article we consider the most basic version.

Where cardholders can take advantage of a one-year interest-free period, which begins from the moment their credit card is activated.

Here, it is important to make something clear, although this is clearly one of the main strengths of RBS Balance Transfer, this is far from being its only way of using it.

So, for those who are looking for something complete, but don’t know which financial product to use, this could be a strong candidate, as we will show until the end of the article.

What can I use the RBS Balance Transfer credit card for?

 But after all, what exactly can you use RBS Balance Transfer credit cards for? It is with this question that we will delve deeper into this financial product.

At this point, we will show both how it works with balance transfers, and how it can be quite useful for those who have other uses in mind.

We chose two good ways to use it, however, know that it can be used for many other things, it depends on your experience with cards.

So, if you want to know more about how to make the most of the features of the cards in question, be sure to visit the card’s official website.

Balance transfer with credit card

Regarding what makes the RBS Balance Transfer credit card special, we have the possibility to transfer the balance without worrying about interest rates.

Where, in this financial product, it is important to pay attention to the deadlines, as in the less robust version of this financial product, it is possible to be exempt for 12 months.

This is perfect for anyone thinking about transferring their debt due to abusive interest rates, which is quite common with some credit cards.

Having a product at your disposal where the interest applied is non-existent, it ends up being much cheaper to pay off the debt in question.

This can be useful, especially for those who are in the process of financial re-education and are looking for the best ways to pay off credit card debt.

Low cost credit card

When it comes to paying fees and charges, many credit cards end up being too heavy on maintenance costs.

This is one of the reasons why many people stay away from financial products like this, but there are always cheaper options.

With the RBS Balance Transfer credit card, we have a financial product that, even after the exemption ends, has some very competitive rates.

In addition, there is no annual fee, which in many cases is the main culprit for those looking for an affordable credit card.

This is a benefit that makes it well suited for those looking for their first credit card, even if the approval requirements make it a little difficult.

Advantages of the RBS Balance Transfer credit card

In addition to knowing the main ways to use the credit card in question, it is also essential to check what its main benefits are.

To do this, you can access the official RBS Balance Transfer website, or just check the short list below:

• No annual fee
• Contactless payment
• No interest rate for 1 year
• Global acceptance
• Application for management

Disadvantages of the RBS Balance Transfer credit card

This is a credit card that has its advantages, but we can also find disadvantages, which must be weighed up.

Its main disadvantage is the difficulty in meeting credit requirements, where the bank asks interested parties to have a great Score.

So, customers who are just starting to build a good credit history may have a hard time becoming eligible.

How is the credit analysis done on the RBS Balance Transfer credit card?

When applying for the RBS Balance Transfer credit card, you will be subject to a credit analysis, where your credit score will be analyzed by the bank.

This same analysis can be seen in loans, financing and many other credit services offered by this or other banks.

The better the credit score presented by interested parties, the easier it will be to obtain a good credit limit, which also increases your chances of approval.

Is there a maximum and minimum amount for the RBS Balance Transfer credit card?

We searched the official website of the issuing bank for this credit card, but we did not find any information regarding its minimum credit limit.

However, the bank informs what is the maximum amount available on the credit limit of RBS Balance Transfer cards, which can reach 1,200 Euros.

The limit is released according to each customer’s financial profile, so it is necessary to always check your credit history and score.

If the initial limit is too low, simply request a new credit analysis, where after a while, the holder’s limit can increase considerably.

Want to apply? Learn how to get the RBS Balance Transfer credit card right here

It’s time to understand how the RBS Balance Transfer credit card application works, click the button below and check the steps.