NatWest Longer Balance Transfer credit card review, 33 months interest-free on balance transfers, 2.9% fee and who should apply in the UK
Plan to clear card debt with the NatWest Longer Balance Transfer card, offering 33 months interest-free on transfers, a 2.9% transfer fee and straight-talking advice on who in the UK should apply
Product overview
The NatWest Longer Balance Transfer credit card gives UK customers a lengthy 33 months interest-free period on balance transfers, plus three months 0% on purchases. There is no annual fee, but a 2.9% balance transfer fee applies on amounts moved across, and the representative APR is 22.9% variable.
This card suits people looking to consolidate existing card debt onto one account and pay it down without interest for nearly three years. NatWest’s mobile app and branch network make managing the account straightforward for customers across the UK.
Key benefits and limitations
Main benefits include the long 33-month promotional period and the lack of an annual fee, which helps you concentrate repayments on the balance rather than on charges. Access to Mastercard perks and NatWest’s online tools are useful extras for everyday account control.
On the other hand, the 2.9% balance transfer fee can add up for large debts, and the standard APR after the promo period is high. Eligibility usually requires a minimum income and a decent credit history, so it isn’t guaranteed for everyone.
Who should apply in the UK
The NatWest Longer Balance Transfer credit card is aimed at people in the UK with existing credit card balances who want a clear plan to become debt-free within 33 months. If you can stick to a monthly repayment schedule that clears the transferred balance before the interest-free term ends, this card can save you hundreds in interest.
It’s less suitable for those who expect to carry a balance beyond the promotional term, or for borrowers who cannot meet the minimum income or credit criteria. Always run an eligibility check and do the maths: factor the 2.9% transfer fee against the interest you’d otherwise pay.
How to apply and manage repayments
Apply online via NatWest’s site or pop into a branch to speak with an adviser. Use the eligibility checker first to avoid hard credit hits. When transferring balances, spread transfers across multiple months if you’re close to the card’s credit limit and plan repayments to clear by month 33.
Manage payments through the NatWest mobile app, set Direct Debits for at least the monthly minimum and, ideally, a higher amount to finish within the 0% term. Keep an eye on card statements and the expiry date for the promo to avoid surprise charges.
Alternatives and final considerations
If the 2.9% fee or eligibility puts you off, compare other UK balance transfer deals from banks like HSBC, Barclays or credit providers offering longer terms or lower fees. A personal loan may also be a better fit for larger sums or if you prefer fixed monthly payments and a predictable term.
Overall, the NatWest Longer Balance Transfer credit card can be a sensible tool for disciplined borrowers who want to eliminate card debt without paying interest for an extended period. Do the calculations, compare offers and consider how you’ll manage repayments before applying.