Share Shoppers planning to spread the cost of Christmas by transferring their credit card balance to a 0% transfer credit card will be disappointed by the latest research showing that the average interest-free term on these cards has fallen to its lowest level in five years. The research, due to be published in the Moneyfacts UK Unsecured Lending Trends Report, found that on the 1 December 2020, the average number of interest-free days on a 0% transfer credit card was 520 days, the lowest level since May 2015, when the number of average interest-free days was 518. This compares to a year ago, when on the 1 December 2019 the average interest-free term on 0% transfer credit cards was 536.