Natwest cancel zero percent credit cards to be more transparent

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Transparency is something that the world is starting to embrace. Natwest are pushing a new marketing campaign to say why they are ending the zero credit cards. Essentially every zero percent offer is a hook to get you in and then they hike up the rate. According to a research study, 64% of people do not switch at the end of the zero percent.

Why have Natwest removed 0% offers?

They say:

Our customers have told us that three things are most important for them when choosing a new credit card.

Simplicity

  • We aim to provide clear and simple options which address your needs and reduce the complexity of choice.

Fairness

  • We have removed complicated “% of balance” balance transfer fees.
  • You get the same credit card and rate if you apply online, in branch or over the phone.

Transparency

  • You can see if you could save money on interest and fees by using our Credit Card Calculator.
  • We can also show you how likely you are to be accepted for a NatWest credit card by using our Approval Indicator tool.

Trouble viewing Watch on YouTube

Read more  on Natwest website – http://personal.natwest.com/personal/credit-cards/fairer-credit-cards.html

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