NatWest Platinum Credit Card
From NatWest
Summary
NatWest Platinum Credit Card is provided by NatWest.
The representative APR is 16.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 16 months.
This makes NatWest Platinum Credit Card a good option if you're looking to transfer an existing credit card balance and don't want to make purchases.
The representative APR is 16.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 16 months.
This makes NatWest Platinum Credit Card a good option if you're looking to transfer an existing credit card balance and don't want to make purchases.
How long will it take to repay with the NatWest Platinum Credit Card
Balance transfer
Purchases
Fixed payment
By switching to the NatWest Platinum Credit Card, you could pay off £1000 in by budgeting £50 each month. This would effectively cost you £50.
Minimum payment
By comparison, if you only make the minimum payment each month, it would take to repay, costing you a total of £169,613 on top of the original balance!
If this seems high, that's because your minimum payment is calculated as a percentage of your balance. This means each payment will be slightly lower than the month before which will have less effect on clearing your balance. So be smart and pay as much as you can afford!
Customer reviews (1)
"No cashback!"
I went to the Holborn NatWest branch today to deposit some funds into my account. The cashier then told me that, as a advantage gold customer, I could have £80 in my account today. The advisor told me that I had to take a credit card in order to get the cashback after 12 months. As I want a new CC i agreed to take the platinum, as I need 0% on purchases more than 0% on balance transfer (no debts). The advisor failed to inform me that there would be no cashback with the platinum card but only with the gold card. He processed the application without explaining anything at all. When I asked about the cashback he insisted it was my fault I prefered the platinum card, although he had never specified the differences between the 2 cards. I gave them 1 star as I have to on this site, but they deserve none.
Rates & Charges
Introductory rates
Balance transfers
0% for 16 months 5 cards better than this
Balance transfer fee
2.9% or £5 minimum 21 cards better than this
Purchases
0% for 3 months 41 cards better than this
Ongoing rates
Typical APR
Balance transfer rate
Balance transfer fee
Unknown
Balance transfer limit
95%
Cash advance rate
27.9%
Fees and Charges
Annual fee
£0
Cash advances
3% or £3 minimum 43 cards better than this
Foreign currency transactions
Late payment fee
£12
Over limit fee
£12
Returned payment fee
£12
Insurance and Protection
Payment protection
Payment protection
Free payment protection
Free warranty cover
Free price protection insurance
Online fraud protection
Online fraud protection
Travel insurance
Travel insurance
Lost luggage cover
Travel delay insurance
Travel insurance upgrade
Requirements to qualify
Minimum credit history
Good
Minimum age
18
Minimum income
£10,000.00
Must be employed
Yes
Repayment
Interest charged from
Transaction
Interest-free period
56 days
Interest-free period on cash advances
None
Time to make payment after statement date
25 days
Minimum payment
1% of balance or £5
Payment by direct debit
Available
Rewards
Not available
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Better deals on purchases
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