Yorkshire Bank Gold Mastercard review September 2019
Enjoy 0% interest on purchases and balance transfers with this versatile card.
0% interest on balance transfers
0% interest on purchases
|Balance transfers||0% for 12 months reverting to 18.9%|
|Balance transfer fee||3% (min. £3)|
|Purchases||0% for 26 months reverting to 18.9%|
|Purchases interest-free period||Up to 59 days|
|Min. credit limit||£500|
|Max credit limit||Not specified|
|Additional cards available||3|
If you have existing card debt and you’re looking to reduce the amount of interest it attracts, a balance transfer deal could be a smart solution.
Yorkshire Bank’s B card offers an introductory 12 months’ 0% on balances that you transfer to your new card. It might not be the longest 0% deal on the market, but crucially, the interest rate that your transferred balance reverts to at the end of the 0% period is unusually low. It’s advisable to aim to clear your outstanding balance before the 0% period ends, but if there’s a chance you might not manage to, the revert rate is less punishing than many on the market.
There’s an introductory 0% deal on purchases too, so if you need to use the card for any major upcoming purchases, you can spread the cost without incurring interest (at least for the first 26 months).
Compare other cards with 0% purchase and balance transfer deals
When it comes to repayments, you can make manual repayments online or over the phone (0800 678 3320), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the Yorkshire Bank Gold Mastercard
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.