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Some credit card providers offer 0% interest rate on all purchases made with their credit card. The 0% interest period varies depending on the credit card issuer, but in some instances it is possible to get up to 12 months’ interest-free credit on all purchases.
0% interest on purchases means that you can leave your money sitting in your bank earning you interest for a while rather than handing it over as soon as you make a purchase.
Credit cards offering 0% interest on purchases also give you the option of spreading your payments, and are therefore a cheap alternative to expensive high street credit.
To find out more information visit our Credit Card notebook page.