And there are some great deals around right now from Barclaycard, NatWest and RBS, with 0% balance transfers that last as long as 23 months. That's nearly two years! Yet these credit cards are a bit lacking when it comes to introductory offers on new purchases with just three or six months on offer.
If you need to do a bit more spending - especially with the festive season approaching - there is no point doing it on a balance transfer card with little to no introductory offer on purchases.
If you can sacrifice a few months on balance transfers, you would be better off getting a card that covers both bases, to help you cope with your finances seamlessly.
Here's a round-up of some great cards that offer over six months on both balance transfers and purchases.
The latest offering from Lloyds is certainly a good all-rounder, but doesn't have much to make it stand out from the crowd. The card covers both bases, but the balance transfer fee isn't great at 3%. A £2,000 debt will cost you £60 to transfer at this rate.
While 13 months is generous there are better deals available.
The best by a long way is the Nationwide Building Society Select Credit Card which has 20 months interest free on balance transfers as well as 12 months interest free on new purchases. That's at least a year to sort out your finances and even longer to clear your balance transfer.
However, the balance transfer fee is less desirable at 3.1% - making it the most expensive in this category. But you get the added bonus of a low 12.9% APR which is a bit of a cushion if you take longer than expected to pay off the balance you transfer or any new purchases made. That said the APR you receive might change from the advertised rate depending on your credit profile.
Sadly, this card isn't available to everyone - you will need to be an existing customer with a FlexAccount in order to get one. But the Halifax All in One MasterCard and Barclaycard 14/14 Platinum Visa credit cards are available to those that miss out and both offer over a year interest free on both balance transfers and new purchases.
Most complained about financial products
Lloyds launches 13-month 0% balance transfer credit card
Figures from charity Age UK show that 29% of those over 60 feel uncertain or negative about their current financial situation - with millions facing poverty and hardship.
Even though saving for retirement is not much fun, the message is therefore that having to rely on dwindling state benefits in retirement is even less so.
To avoid ending up in this situation, adviser Hargreaves Lansdown recommends saving a proportion of your salary equal to half your age at the time of starting a pension.
In other words, if you are 30 when you start a pension, you should put in 15% throughout your working life. If you start at 24, saving 12% of your salary a year should produce a similar return.