Gas & Electricity
Latest News
British Gas simplifies tariffs
British Gas has moved to simplify its tariffs in an effort to regain public trust.
The utility provider is set to switch to just two tariffs – variable and fixed – and has pledged to become more transparent with its billing and costing for customers. There will still be different pricing options, with online tariffs continuing to benefit the consumer for efficiency.
The variable tariff will offer a standard price and an online price. The fixed tariff, meanwhile, offers a set price until 2014. Customers can still benefit from a dual-fuel deal (gas and electricity) and from paying by direct debit.
Energy companies have developed a reputation for offering a variety of complicated tariffs; so much so that even company reps are not always sure of the best tariff for particular customers.
Managing director Phil Bentley confessed that British Gas "had not made it easy for customers" and that the public were sceptical about the energy market.
It is welcome news to British Gas, then, that consumer groups have welcomed the changes. Regulators Ofgem welcomed the move as part of an initiative to "keep an open and honest dialogue" with consumers. To restore confidence, they said, energy suppliers had to deliver "a simpler, more competitive energy market".
Adam Scorer of Consumer Focus also welcomed the changes: "The penny has dropped", he said. "We welcome the news that energy companies recognise that the ways in which they have constructed and sold tariffs has confused, antagonised and alienated consumers."
Yet, while the utilities giant is set to rid the majority of its tariffs, its cheapest tariff is set to be more expensive than the previous cheapest, to the tune of £68 per year for the average family.
Given news that fossil fuel prices look set to fall, the company may have to act swiftly to redress the balance if it hopes to consolidate the good will garnered from its recent public contrition.
Keith McDonald
Which4U Editor
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Card |
Balance Transfers |
Purchases |
Typical APR (variable) |
Apply |
|---|---|---|---|---|
| View Full Table > | ||||
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0%
22 mths
|
0%
3 mths
|
17.9%
|
||
| Representative Example: If you spend £1,200 at a purchase interest rate of 17.9% (variable) your Representative APR will be 17.9% (variable). | ||||
|
0%
21 mths
|
0%
3 mths
|
17.9%
|
||
| Representative Example: If you spend £1,200 at a purchase interest rate of 17.9% (variable) your Representative APR will be 17.9% (variable). | ||||
|
0%
22 mths
|
0%
3 mths
|
17.95%
|
||
| Representative Example: If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). | ||||
|
0%
20 mths
|
0%
3 mths
|
16.8%
|
||
| Representative Example: If you spend £1,200 at a purchase interest rate of 16.8% (variable) your Representative APR will be 16.8% (variable). | ||||
|
0%
20 mths
|
0%
12 mths
|
12.9%
|
||
| Representative Example: If you spend £1,200 at a purchase interest rate of 12.9% (variable) your Representative APR will be 12.9% (variable). | ||||
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 22 mths |
| Balance Transfer Fee: | 2.90% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.9% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Balance Transfer Fee: | 3% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Plus 0.4% off your balance transfer fee; making this equivalent to 2.6% (terms and conditions apply)
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 21 mths |
| Balance Transfer Fee: | 2.60% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.9% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Balance Transfer Fee: | 3% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 22 mths |
| Balance Transfer Fee: | 3.50% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 17.95% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.95% p.a. |
| Balance Transfer Fee: | 3.50% p.a. |
| Cash Advance: | 27.95% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Virgin Credit Card now uses the 'PayPass service' meaning you can pay for items of £15 or less without having to key in your PIN, simply by hold the card close to a card reader to make the transaction!!!
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 20 mths |
| Balance Transfer Fee: | 2.99% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 16.8% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 16.8% (variable) your Representative APR will be 16.8% (variable). |
| Annual Rates | |
| Balance Transfers: | 16.8% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 50 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
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Balance transfers offer is only applicable to transfers made in the first 3 months of account opening and are subject to a 2.95% Balance Transfer fee (£3 Minimum). Also, get commission free card purchases abroad & 0.5% Cash Back on all Sterling spend!
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 20 mths |
| Balance Transfer Fee: | 3.10% |
| Purchase Rate: | 0% for 12 mths |
| Representative APR | |
| Purchases: | 12.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 12.9% (variable) your Representative APR will be 12.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 12.9% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Cashback | |
| Standard Cashback Rate: | 0.50% |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 20 mths |
| Balance Transfer Fee: | 2.90% |
| Purchase Rate: | 0% for 6 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 20 mths |
| Balance Transfer Fee: | 2.90% |
| Purchase Rate: | 0% for 6 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 20 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 16.94% p.a. |
| Balance Transfer Fee: | 3% p.a. |
| Cash Advance: | 23.95% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 16 mths |
| Balance Transfer Fee: | 1.60% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 18.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.5% (variable) your Representative APR will be 17.5% (variable). |
| Annual Rates | |
| Balance Transfers: | 18.9% p.a. |
| Balance Transfer Fee: | 3.20% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 18 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 16.94% (variable) your Representative APR will be 16.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 16.9% p.a. |
| Balance Transfer Fee: | 3% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Balance transfers offer is only applicable to transfers made in the first 3 months of account opening and are subject to a 2.95% Balance Transfer fee (£3 Minimum). Also, get commission free card purchases abroad!!
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 17 mths |
| Balance Transfer Fee: | 2.95% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 15.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 15.9% (variable) your Representative APR will be 15.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 15.9% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Please note - Nectar points are NOT earned using this Credit Card. If you wish to collect Nectar points with your credit card you should apply for the 'Sainsburys Nectar Credit card'.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 12 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 12 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 16.94% (variable) your Representative APR will be 16.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 16.9% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 59 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Earn up to Double Nectar points for every £1 you spend in Sainsbury's stores and online for the first two years. YOU MUST HAVE A NECTAR CARD IN ORDER TO APPLY FOR THIS CREDIT CARD (Nectar points are NOT earned using this Credit Card)
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 15 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 6 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 16.94% (variable) your Representative APR will be 16.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 16.9% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 59 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Receive 1,500 bonus Play Points if you spend £150 on your card within 90 days of your account opening - you can redeem these Points for a £15 Voucher!
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 6 mths |
| Balance Transfer Fee: | 1.50% |
| Purchase Rate: | 0% for 9 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | Representative 16.9% APR variable. Based on no annual fee, assumed borrowing of £1,200, rate of interest variable (annual) 16.9% |
| Annual Rates | |
| Balance Transfers: | 16.9% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 50 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Currently offered are three APRs depending on circumstance – 17.9%, 21.9% and 23.9%. If you are accepted at the highest rate of 23.9% APR variable you may not be offered an introductory period on balance transfers and purchases.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 15 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 15 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Balance Transfer Fee: | 3% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 12 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 12 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Balance Transfer Fee: | 3% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Keep track of your money across your Lloyds TSB personal current and credit card accounts with Money Manager and Active Account Monitoring to spot any suspicious spending.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 15 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £50,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for until Sep 2012 |
| Balance Transfer Fee: | 2.50% |
| Purchase Rate: | N/A |
| Representative APR | |
| Purchases: | 19.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 19.9% (variable) your Representative APR will be 19.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 19.9% p.a. |
| Cash Advance: | 27.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 14 mths |
| Balance Transfer Fee: | 2.98% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | Representative 16.9% APR variable. Based on no annual fee, assumed borrowing of £1,200, rate of interest variable (annual) 16.9% |
| Annual Rates | |
| Balance Transfers: | 16.9% p.a. |
| Cash Advance: | 24.1% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
There are no balance transfer fees when transferring a balance from another card. Please note - Nectar points are NOT earned using this Credit Card. If you wish to collect Nectar points with your credit card you should apply for the 'Sainsburys Nectar Credit card'.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | N/A |
| Balance Transfer Fee: | N/A |
| Purchase Rate: | N/A |
| Representative APR | |
| Purchases: | 6.90% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 6.95% (variable) your Representative APR will be 6.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 6.90% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £25,000 |
| Interest Free Days: | Up to 59 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Get 7.9% Representative APR (variable)
(Applies to every purchase and/or balance transfer you make)
No balance transfer handling fee!
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | N/A |
| Balance Transfer Fee: | N/A |
| Purchase Rate: | N/A |
| Representative APR | |
| Purchases: | 7.90% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 7.9% (variable) your Representative APR will be 7.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 7.90% p.a. |
| Cash Advance: | 15.8% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
You must spend a minimum of £100 in the 1st 3 months or the 6 month 0% purchase duration is reduced to 3 months only. Keep track of your money across your Lloyds TSB personal current and credit card accounts with Money Manager and Active Account Monitoring to spot any suspicious spending.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 4.90% for 12 mths |
| Balance Transfer Fee: | 1.50% |
| Purchase Rate: | 0% for 6 mths |
| Representative APR | |
| Purchases: | 11.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 11.95% (variable) your Representative APR will be 11.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 11.9% p.a. |
| Cash Advance: | 24.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | £50,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Get 5% cashback on up to £2,000 spend within 1st 3 months (Max £100). After this you can earn cashback rates of 1.25% with NO spend limit!!
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | N/A |
| Balance Transfer Fee: | N/A |
| Purchase Rate: | N/A |
| Representative APR | |
| Purchases: | 18.5% p.a. (variable) |
| Representative Example: | If you spend £1,200 at an annual interest rate of 14.0% (variable) with a £25 annual Fee your Representative APR will be 18.5% (variable). |
| Annual Rates | |
| Balance Transfers: | 18.5% p.a. |
| Cash Advance: | 22.9% p.a. |
| Annual Fee: | £25 p.a. |
| Standard Features | |
| Credit Limit: | £50,000 |
| Interest Free Days: | Up to 56 days |
| On-Line Banking: | Yes |
| Cashback | |
| Introductory Cashback Rate: | 5% p.a.3 mths |
| Standard Cashback Rate: | 1.25% |
| Approval Criteria | |
|
|
Earn AA Reward Points on your everyday card purchases, and earn double points on motoring, fuel and AA products. Use your points to purchase from a range of motoring products and services.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 16 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 3 mths |
| Representative APR | |
| Purchases: | 17.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.9% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 17.9% p.a. |
| Cash Advance: | 22.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 58 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
Earn AA Reward Points on your everyday card purchases, and earn double points on motoring, fuel and AA products. Use your points to purchase from a range of motoring products and services.
| Introductory Offer | |
|---|---|
| Balance Transfer Rate: | 0% for 12 mths |
| Balance Transfer Fee: | 3% |
| Purchase Rate: | 0% for 10 mths |
| Representative APR | |
| Purchases: | 16.9% p.a. (variable) |
| Representative Example: | If you spend £1,200 at a purchase interest rate of 17.9% (variable) your Representative APR will be 17.9% (variable). |
| Annual Rates | |
| Balance Transfers: | 16.9% p.a. |
| Cash Advance: | 22.9% p.a. |
| Annual Fee: | N/A |
| Standard Features | |
| Credit Limit: | Subject to Status |
| Interest Free Days: | Up to 58 days |
| On-Line Banking: | Yes |
| Approval Criteria | |
|
|
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