Anyone tried a "zero interest" credit card deal?

[Guest]

Need a lot of information.

[Michael]

I've got a 24 month one. I don't know what you want to know.

[Sonya]

Yes, you just need to set up a direct debit to pay it off within the term so you don't get charged all the interest once the term Is up.

[Tracy]

Yes, many times over several years. As long as you are disciplined with payments and clear the balance before the 0% finishes they are great and save alot of money not paying interest charges.

[Dave]

They’re pretty good, however you need a bit of a plan, obviously you need to be on 0 balance at the end of the 0% period to avoid paying any interest. I just got 1 for a 5k purchase I am spacing my payments to reach £0 at the end of the term.

[Mike]

Used them lots of times in the past as long as you stick to the plan can be a good way to borrow money. But needs self control. Have bought a car on a 0% card in the past. My kids have paid for their car insurance via one much cheaper than paying the insurance company interest.

[Jon]

They are brilliant.

I am a car dealer, and loads of my customers use 0% credit cards as opposed to paying 9.9% upwards on HP.

Best way to do it!!!

[Siân]

Many times. It was a life saver. I use to swap over when there was about a month left to another zero interest deal. (if I hadn't managed to pay it off).

[Rebecca]

They've been around for years, fairly normal thing so not really anything to be concerned about other than being sensible with credit.

[Hazel]

I use mine when I'm abroad and to buy USA dollars.