The best 0% purchase credit cards

You can avoid paying interest on your purchases for up to 28 months and earn bonus Nectar Points with Sainsbury's Bank.

If you want to pay for a big purchase and spread the cost over a period of time, a 0% purchase credit card can be a good option – providing you keep on top of your repayments. These cards give you an interest-free period to pay off your debt.

Unfortunately, the length of interest-free terms continues to dip: it's now no longer possible to get a 30-month card.

A number of providers offer 28-month cards, however, with Sainsbury's Bank Purchase Credit Card also allowing you to earn Nectar Points. A new bonus offer means you could earn another 7,500 points over 10 larger shopping trips.

If you're not eligible for Sainsbury's card, there are five other cards with 28-month terms: here are the best.

Longest 0% purchase credit cards

Here are the longest 0% periods on offer today for purchases.

Credit card

0% period

Representative APR

Post Office Money Online Platinum Mastercard

28 months 18.9%

Tesco Bank Clubcard Credit Card 28 month for purchases

28 months 18.9%

Sainsbury's Bank Purchase Credit Card

28 months 19.9%
MBNA All Round 28/28 Credit Card 28 months 19.9%

Barclaycard Platinum Purchase and Balance Transfer Visa

27 months

19.9%

Halifax Online 27 Month Purchase Credit Card

27 months 19.9%

Compare 0% purchase credit cards

The pros of a 0% purchase card

The beauty of a 0% purchases credit card is, so long as you pay it off within the interest-free period, every penny goes to paying off your debt.

So, if you know you've got a big purchase ahead of you, going for a 0% credit card is a sensible course of action.

The downsides of a 0% purchase card

There are some hurdles to consider though. What if you don’t manage to clear your balance before the 0% period finishes and you still have thousands of pounds sat on the card?

You have a couple of options. The first is to do nothing – leave your debt where it is, continue making your monthly payments, and your debt will eventually disappear. That said, you will end up spending a decent chunk of cash on interest.

Or you can move the remaining debt to a balance transfer card, which will also offer a period of 0% interest on your debt. 

For more on balance transfer cards, check out: The best balance transfer credit cards.

And then there’s the fact that in order to get your hands on a 0% card you’ll need to have a good credit record.

Credit card providers don’t make a habit of handing out these cards to any old borrower – ironically the borrowers who would most benefit from a bit of breathing space in paying off their debts are the ones who find it most difficult to get their hands on 0% cards.

Alternatively, you may find that your credit rating is good enough to get a 0% on purchases card, but not good enough to get the very best 0% balance transfer cards.

Improve your chances of getting a 0% card

Therefore, the best way to get a 0% card is to ensure your credit rating is as spotless as possible.

There are a number of simple things you can do that help all of which are detailed in How to build an excellent credit history. And remember that you can check out your credit record with our credit report centre.

Compare 0% purchase credit cards

This article is regularly updated with the latest best buys

More on credit cards:

The best reward credit cards

The best cashback credit cards

 

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