Abbey has launched what it is dubbing the 'Zero' credit card.
The firm claims that the credit card is the first ever to offer no fee on balance transfers, foreign exchanges and cash advances.
Anyone taking out the credit card will also benefit from a six month interest free period on balance transfers and purchases.
Roger Lovering, managing director of Abbey credit cards, said: "We promised the market that we would continue to innovate and that is exactly what we've done. The Abbey Zero card is the first ever card to eliminate all these fees at once."
He added that the credit card is "perfect for summer" as the lack of foreign exchange fees makes using it abroad much cheaper.
Last week, Steve Willey, head of credit cards at Moneysupermarket.com, warned that people who use the same Pin for more than one credit card are putting themselves at risk of fraud .
News Side
Abbey launches 'Zero' credit card
Thu, 01 May 2008
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