After Nationwide increased its 0% balance transfer period to 17 months, Barclaycard wasted no time in upping the ante by extending its 0% credit card deal to 18 months the very next day. This is a great option as a small business loan to help you get you started. Barclaycard Platinum also offers 0% interest on purchases for the first three months and a typical APR o 16.9% variable. There is also a 2.9% fee on balance transfers, but transfers over 3000 pounds made by the end of the month will receive a 20 pound discount.

This offer from Barclays marks the first time that any UK credit card provider has offered a 0% balance transfer deal of 18 months. It is definitely worth considering switching debt from your other cards over to this offer in order to save on interest expenses. Along with Marks & Spencer Money's new credit card and loan deals, now is an excellent time to get a great deal on borrowing in the UK, but only if you have an excellent credit rating.