FA Credit Card confusion

[desperatedan]

Just looking at the new terms and conditions for new applicants for the FA Credit Card.

It used to have a 9 months 0% interest-free period for Balance transfers, and I think for purchases.

This has now changed, but on the [broken link removed] there is a confusing statement.

A Special Introductory Offer
When you sign up for your First Active MasterCard, you will enjoy a special rate of only 4.9% APR (fixed) on all purchases for the first 6 months.

Plus you can consolidate your existing credit card balances (up to your new credit limit) and pay no interest whatsoever on any balances you transfer for the first 12 months you will enjoy a special rate of 4.9% APR(fixed).

Can anyone explain how you pay no interest whatsoever, yet you are charged 4.9%?

How does this work?

Am I missing something?

 

[Eblanoid]

0% APR on transferred balances.
4.9% APR on any new purchases.

 

[desperatedan]

0% APR on transferred balances.
4.9% APR on any new purchases.

No that does not explain the mystery.

If you look at the web-site, it says:

Key Features:

* 4.9% APR on Balance Transfers for first 12 months from date account opened
* 4.9% APR on Purchases for first 6 months from date account opened
* No Annual Fee*
* Low standard rate of 14.9% APR (variable) on purchases and balance transfers after introductory period ends
* Up to 56 days interest free credit on purchases and cash advances if balance is paid off in full and on time
* No balance transfer fee
* Convenient direct debit payment option (full or minimum payment)

So there is no way that you can pay

"no interest whatsoever on any balances you transfer for the first 12 months"

and yet have to pay

"4.9% for the first 6 months".

Do you see what I mean? Which is the real deal for balance transfers, 4.9% for 6 months or 0% for 12 months?

I suspect I know the answer, and this is just another FA web-site cock-up.