Virgin Money's market-leading 0% purchase credit card offering 30 months with no interest to pay on any spending, the longest period ever, is about to disappear. It will be withdrawn at midnight on December 1.

The card also offers 0% interest on balance transfers for 30 months, with a 2.5% fee, and 0% on money transfers for 18 months with a more hefty 4% transfer fee. The card itself has a higher-than-average 19.9% APR though, so watch out for that.

Current longest 0% purchase credit cards

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

Credit card

0% period Representative APR

Virgin 30-Month Purchase Credit Card

30 months 19.9%

Tesco Bank Clubcard Credit Card for Purchases

28 months 18.9%

Sainsbury's Bank Nectar Purchase Credit Card

28 months


Post Office Money Matched MasterCard

27 months 18.9%

Clydesdale Bank Gold MasterCard

26 months


Yorkshire Bank Gold MasterCard

26 months


Halifax 26-Month Balance Transfer and Purchase Credit Card

26 months 18.9%

AA Dual Credit Card

26 months 18.9%

The supermarkets are also dishing out great products with the Tesco Bank Clubcard Credit Card for Purchases and Sainsbury's Bank Nectar Purchase Credit Card offering 28 months interest-free purchases.

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 repayments.

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% card. Halifax is now offering 'tiered 0% deals' where some applicants get 0% cards but with shorter interest-free periods.

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.

Make sure your address details are up to date and you are on the electoral register, for starters.

Compare 0% purchase credit cards