economy
January 22, 2026
UK credit cards: six ways to help you pick the best deals
From understanding jargon such as APRs and 0% transfer offers, to getting perks such as air miles or cashback
TL;DR
- APR is the total cost of borrowing over 12 months, including fees and interest.
- 0% balance transfer deals allow transferring debt to a new card for a set period without interest.
- Average 0% balance transfer terms and fees have seen changes, with longer interest-free periods often incurring upfront fees.
- Eligibility calculators can help determine which credit products you are likely to be accepted for without affecting your credit score.
- Credit cards can offer introductory interest-free periods for new purchases, but standard rates apply after the promotional period ends.
- Reward cards offer benefits like air miles, loyalty points, or cashback, with varying terms and potential annual fees.
- High spenders can benefit most from air miles cards, while those who don't clear balances monthly may find fees outweigh rewards.
- Cashback cards offer a percentage of purchases back, with some having uncapped earning potential.
- It's important to have a plan for repayment to avoid accumulating interest and to be honest about spending habits.
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