RBS Balance Transfer

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Purchase rate24.9%p.a (variable)
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Representative APR24.9%(variable)
Purpose: Helps with transferring balances from other cards with 0% interest.
Initial Credit Limit: Subject to credit assessment.
Representative APR: 22.9% variable.
Balance Transfer Fee: 1.99% to 3.49%, depending on the card.
Cash Withdrawal Fee: 3.99% (minimum of £3).
Annual Fee: No annual fee.
Additional Benefits: Access to personal finance management tools.
Similar to the NatWest Balance Transfer card, this one provides an extended interest-free period for balance transfers.
The lack of an annual fee makes it even more economical.
However, the balance transfer fee and APR could be a disadvantage for those transferring high amounts.
Many people still think that it is impossible to apply for a credit card in a simple and quick way, which makes sense when we analyze the application for some financial products.
But, does the RBS Balance Transfer credit card deviate from this standard? If you want to find out, then this is the right article for you.
We will accompany you through all the stages of the application, not only demonstrating how to carry out the steps, but also showing you the main ways of use.
What are the most advantageous cards in England?
What are the requirements needed to apply?
Applying for the RBS Balance Transfer credit card is divided into a few steps, the first of which is a very simple verification.
Where, you just need to check what criteria the bank uses to define who is or is not an eligible customer, after that, you must check if you fit this definition.
For some applicants, meeting the requirements can be quite complicated, especially for those who have never applied for a credit card before.
As you will see in the following list, it is necessary to have a good credit score:
- Be of legal age
- Living in the country
- Have a good credit score
- Prove stable income
What documents are required?
After checking all the requirements and concluding that you already meet or can adapt to meet everything the bank asks for, you can proceed with the application.
Where it will be necessary to prove that all requirements have been met, for this, the bank asks candidates to have some documents on hand.
Despite having some very strict requirements, the documents required by the bank are not complicated, on the contrary, it is only necessary to have some basic documents.
Check below the list of paperwork required to issue the RBS Balance Transfer credit card:
- Proof of income
- Proof of residence
- Photo ID
What are the biggest uses of this credit card?
But after all, what are the main uses of the RBS Balance Transfer credit card? This may seem like an out-of-place question for this article, but it is not.
The more you know about how this card works in practice, the easier it becomes to define how much it is worth to you.
Being a very complete financial tool, it would not be possible to deal in detail with all the ways to use its advantages.
But, we can at least explore the three main ones, which will give you enough material to analyze whether or not it is a good card to meet your needs.
Shopping abroad
Nowadays, it is practically mandatory for a credit card to have good international coverage, where without it, after all, the world is increasingly connected.
So it is no longer necessary to travel abroad, so that global acceptance is required when shopping, in view of online shopping.
At the same time, the fact that the RBS Balance Transfer credit card is accepted in hundreds of countries becomes a great advantage for it.
The very flexible limit of the financial product in question also allows you to travel internationally, using it as a form of payment during your vacation.
Secure payments
Another good way to take advantage of the service provided by the RBS Balance Transfer credit card is to use it to make your purchases safer.
It is not enough to be a practical payment method, it is essential that cardholders can enjoy a consumer experience without running any type of risk.
In this financial product, the financial institution was concerned about the risks of fraud and the leakage of sensitive user data.
For this reason, it has systems that aim to act as a barrier between scammers and RBS Balance Transfer cardholders.
Installment purchases
Finally, we have a very common use for credit cards, where the main function is to make those more expensive purchases more comfortable for your pocket.
Where, with the RBS Balance Transfer credit card, its considerably high limit acts as an advantage, which opens doors to high-value purchases.
Therefore, if you have a big plan in mind and want to get it off the ground with a flexible payment method, this could be a good way to make those expenses viable.
Something that occurs both through installments and the already mentioned very flexible credit limit of RBS Balance Transfer cards.
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Our advice for anyone applying for the RBS Balance Transfer credit card
Before applying for the RBS Balance Transfer credit card, it is important to take into account a piece of advice we have for you.
This advice is intended to improve your experience as a buyer, basically, dedicating some time to studying how the financial product works.
For this, the bank’s app will be very useful, as it contains all the information you may need to understand how it can be used, keeping in mind its limitations and strengths.
By carrying out this brief research, your first steps with the RBS Balance Transfer credit card will be much more assertive, ensuring better purchases.
Weighing up the pros and cons – Is it worth it?
After thinking about the advantages and disadvantages of this credit card, what is most relevant? This is something that varies greatly from person to person.
Therefore, it is important to analyze the pros and cons according to what you are looking for in a financial product such as a card.
When carrying out this analysis, consider both the advantages and disadvantages in order to understand what you have to gain and lose as a holder.
You can also check how other users rate the service provided by this credit card, some rate the card with a rating of 8.8 out of 10 stars.
Apply once and for all for the RBS Balance Transfer credit card on the official website!
By clicking on the button below, you will be able to take all the steps to become one of the candidates for the RBS Balance Transfer credit card.