TSB Platinum Purchase Credit Card Review, Up to 15 Months Interest-Free and No Monthly Fee in the UK
Practical UK breakdown of balance transfer terms, fees and who benefits from the TSB Platinum Purchase credit card, with up to 15 months interest-free and no monthly fee
Why choose the TSB Platinum Purchase credit card
The TSB Platinum Purchase credit card is a straightforward option for people in the UK who want long interest-free periods without monthly fees. With up to 15 months interest-free on purchases and balance transfers, it helps manage large buys or consolidate debt without immediate interest costs.
This card suits those who prioritise cost control over rewards, offering a minimum credit limit of £500 and a representative APR of 22.9% once the introductory period ends. It’s a practical choice for households aiming to spread payments without sacrificing simplicity.
Key features, fees and what to watch
Main features include 15 months interest-free on purchases and balance transfers and no monthly fee, making the TSB Platinum Purchase credit card attractive for short-term financing. The low initial balance transfer fee of 1.45% applies for the first 90 days, then rises to 5% for subsequent transfers.
Be mindful of the post-promotional APR and the fact that the introductory offer can vary by applicant. Missing payments or carrying a balance after the interest-free period means the representative APR of 22.9% will apply, so plan repayments to avoid higher costs.
How to manage the card and avoid charges
TSB’s Mobile Banking app lets you track spending, set alerts and make payments quickly, ideal for everyday management of the TSB Platinum Purchase credit card. You can also visit local TSB branches across the UK for face-to-face support if you prefer in-person advice.
To avoid costly fees, clear balance transfers inside the interest-free window and make at least the minimum monthly repayments on time. Keep an eye on the 90-day window for balance transfer fee changes and don’t treat the card as long-term debt without a repayment plan.
Who benefits and alternatives to consider
The TSB Platinum Purchase credit card is best for borrowers who need a clean, interest-free period to pay off purchases or move existing balances without parcels of perks. It’s particularly useful for those who value low upfront costs and transparent terms over rewards programmes.
If you want rewards or longer-term savings on interest beyond the introductory period, consider alternatives like retailer cards or cashback options from other UK providers. Compare offers on eligibility tools and check soft-search pre-approval to protect your credit score before applying for the TSB Platinum Purchase credit card.