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Jul 18, 2006
Bank of Scotland has
introduced a new One Card that provides a 0% rate for nine months on balance
transfers and purchases as well as a typical APR of 9.9%.
According to the
bank, no annual fees are charged and cardholders can enjoy up to 59 days
interest free credit on all purchases if they pay off their balance in full
each month. Bank of Scotland also provides cover against online fraud when the
card is used for online purchases.
With the offering
of a 0% rate for up to nine months on purchases, Bank of Scotland claims that
any new spending on One Card won't accrue interest for the same period.
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