The Ulster Bank Zinc Card offered to any consumer has a few interesting little prerequesites that you must follow. The Ulster Bank Zinc Card is not like their MasterCard or Visa offering. With the Ulster Bank Zinc card the first thing you will discover is that you must have over 30,000 Euros a year in income. This can make the card a little hard to obtain for some individuals who would like a really great card. The reason for this is that you have increased spending power and the potential of a 40 Euro reward. The increased spending power means you get a higher credit card limit than the other offers out there. For example if we were doing a review of a student card versus the Zinc card the student card generally has 250 pounds in the credit limit. With the Zinc card you can have at least 1000 Euros as the limit, and at most close to the 30,000 Euros you make in a year. In this review we are going to look at the key features offered by the Ulster Bank Zinc Card to help you determine if it is the right card for you, as well as if you will qualify.
One of the most important features of this card is the introductory rate offered. This rate is zero percent interest for balance transfers and purchase for the first nine months.
After the first nine months you will enjoy a 13.4% interest rate on purchases and balances transfers, with a 17.5% interest rate on the cash advances you have made. The 17.5% interest on cash advances will be from the start of the account and is not a part of the special introductory period.
The minimum credit limit for this Ulster Bank Zinc Card is actually five thousand Euros and is not subject to an annual fee.
If you pay off your outstanding balance within 25 days of your statement being issued you are able to get the 56 days interest free credit they offer.
There is also the offer of 40 Euros as a reward. To gain this reward you must spend 6000 Euros or more on a purchase in the first month of having the card.
There is 375,000 Euros worth of travel accident insurance coverage that you can obtain with the card if you desire. There is also a helpline for emergency legal, travel, and medical advice that you may seek.
Overall the Ulster Zinc Card can be hard to obtain by those who do not make a high annual income, however the card does have its benefits for the requirements asked of you. You have an average interest rate for the term of the card that is variable. Other cards that do not require the same annual income have the same interest rate or higher interest rates. The fact that you are also rewarded with a higher limit on the credit card adds weight for obtaining the card. Again this is a review of the options available and by no means an advertisement for you to apply for the card. It is about what you can afford and the options available.
Home | Contact | Credit Card Reviews | Useful Credit Card Information | Privacy Policy