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Balance Transfer Credit Cards
If you owe money on your credit card, you may want to take advantage of a balance transfer offer. A balance transfer allows you to move your outstanding credit card balance from one credit card to another. There can be financial benefits to changing to a new card provider but you should be sure to compare the rates on offer. Read more...>
| Product Name | Balance Transfer Intro |
Purchases Intro |
Representative APR (variable) |
Rewards |
|---|---|---|---|---|
-
HSBC
-
0%
23 mths
3.30% fee
-
0%
3 mths
-
17.9%
APR
-
No rewards
- Available only to HSBC current account customers
- Manage your account online, by phone or branch
- Best for applicants with good credit rating
Representative Example: 17.90% APR representative (variable). Based on a credit limit of £1,200* and a purchase rate of 17.90% p.a. (variable)
*Your credit limit may vary depending upon your circumstances
-
Barclaycard Platinum with Balance Transfer
-
0%
22 mths
2.90% fee
-
0%
3 mths
-
17.9%
APR
-
Rewards
- For a quicker transfer, complete your BT as you apply
- Identity Protection Service and Fraud Protection
- Good credit rating required
Representative Example: 17.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.9% p.a. (variable).
-
Halifax Balance Transfer
-
0%
22 mths
3.50% fee
-
0%
3 mths
-
17.9%
APR
-
No Rewards
- You must have an annual income of £20,000 or more to apply
- Instant decision on online applications (in most circumstances)
- Good credit rating required
Representative Example: 17.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.95% p.a. (variable)
-
Barclaycard Platinum 21 Mths Balance Transfer
-
0%
21 mths
2.60% fee
-
0%
3 mths
-
17.9%
APR
-
Rewards
- For a quicker transfer, complete your BT as you apply
- 2.9% handling fee - refund offer reduces fee to equivalent of 2.6% for everyone (terms and conditions apply)
- Good credit rating required
Representative Example: 17.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.9% p.a. (variable)
-
Virgin Money
-
0%
20 mths
2.99% fee
-
0%
3 mths
-
16.8%
APR
-
Virgin discounts
- Instant decision on most applications
- Discounts on Virgin holidays, Trains and other products
- Good credit rating required
Representative Example: 16.8% p.a. (variable) on card purchases. This is equivalent to 16.8% APR representative (variable) based on a credit limit of £1,200.
-
Halifax 20 Month Balance Transfer
-
0%
20 mths
3.00% fee
-
0%
3 mths
-
16.9%
APR
-
Entertainment, Travel and Shopping
- You must have an annual income of £20,000 or more to apply
- Cover against online fraud when shopping online
- Good credit rating required
Representative Example: 16.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 16.94% p.a. (variable)
-
NatWest Platinum
-
0%
20 mths
2.90% fee
-
0%
6 mths
-
17.9%
APR
-
Wine Travel Shopping
- Discounts from Thomas Cook and Mastercard offers
- Apply today and get an instant decision
- Good credit rating required
Representative Example: 17.9% APR (variable) based on assumed Credit Limit of £1,200*. Standard interest rate for purchases: 17.95% p.a. (variable).
*Your credit limit may vary depending upon your circumstances
-
RBS Platinum
-
0%
20 mths
2.90% fee
-
0%
6 mths
-
17.9%
APR
-
Discounts, Travel, Wine
- Discounts on wine, shopping & travel
- £750 cash advance per day, depending on credit limit
- Good credit rating required
Representative Example: 17.9% APR (variable) based on assumed Credit Limit of £1,200*. Standard interest rate for purchases: 17.95% p.a. (variable).
*Your credit limit may vary depending upon your circumstances
-
Bank of Scotland Plus
-
0%
18 mths
3.00% fee
-
0%
3 mths
-
16.9%
APR
-
Dining out Travel Shopping
- Instant decision on online applications (in most circumstances)
- Discounts on UK attractions, hotels, travel and dining out
- Good credit rating required
Representative Example: 16.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 16.94% p.a. (variable).
-
Halifax 17 Month Balance Transfer
-
0%
17 mths
3.00% fee
-
0%
3 mths
-
16.9%
APR
-
Entertainment, Travel and Shopping
- Halifax MasterCard offers including fantastic deals and discounts on travel, entertainment and shopping
- Cover against online fraud when shopping online
- Good credit rating required
Representative Example: 16.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 16.94% p.a. (variable)
-
Creation 17 Month Balance Transfer
-
0%
17 mths
2.90% fee
-
0%
3 mths
-
16.9%
APR
-
No Rewards
- Manage your account online using My Account
- Quick and easy online application takes just a few minutes to complete
- Good credit rating required
Representative Example: 16.9% p.a. (variable) on card purchases. This is equivalent to 16.9% APR representative (variable) based on a credit limit of £1200.
-
Nationwide with Balance Transfer
-
0%
17 mths
2.95% fee
-
0%
3 mths
-
15.9%
APR
-
No Rewards
- Commission-free purchases abroad
- Positive order of payments - you could pay less interest as the debt with the highest interest rate is paid off first
- Excellent credit rating required
Representative Example: 15.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 15.9% p.a. (variable).
-
Barclaycard Platinum 16 Mths Balance Transfer
-
0%
16 mths
1.60% fee
-
0%
3 mths
-
18.9%
APR
-
Rewards
- Barclaycard's lowest balance transfer handling fee
- 2.1% handling fee - refund offer reduces fee to equivalent of 1.6% for everyone (terms and conditions apply)
- Good credit rating required
Representative Example: 18.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
-
Sainsburys Nectar
-
0%
15 mths
3.00% fee
-
0%
6 mths
-
16.9%
APR
-
Double Nectar Points
- Earn Double Nectar points on Sainsburys shopping for 2 years
- Earn 1 Nectar point for every £5 you spend on other purchases
- Good credit rating required
Representative Example: 16.9% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 16.94% p.a. (variable)
-
Lloyds TSB Platinum
-
0%
15 mths
3.00% fee
-
0%
3 mths
-
17.9%
APR
-
No Rewards
- Active Account Monitoring to spot any suspicious spending
- Manage your account online
- Excellent credit rating required
Representative Example: 17.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 17.95% p.a. (variable).
-
Barclaycard Gold
-
0%
to Sep '12
2.50% fee
-
n/a
-
19.9%
APR
-
Rewards
- Contactless payment for purchases up to £15
- Identity Protection Service and Fraud Protection
- Fair credit rating required
Representative Example: 19.90% APR representative (variable). Based on a credit limit of £1,200 and a purchase rate of 19.90% p.a. (variable)
0% Balance Transfers
Most credit card providers look for ways to attract new customers. One method of doing this is to offer either a 0% introductory balance transfer rate or a lifetime balance transfer offer. While you can effectively remove the interest rate on your transferred balance for the offer period, the card provider hopes that you will stay and become a loyal customer in the long term.
Introductory 0% balance transfer offers tend to last between 6 and 12 months although, in some cases, it can be up to 15 months. After that period the rate will revert to a new APR. Because of this, it's worth checking to see what you might end up paying if you still have the outstanding balance and you stay with that card. A lifetime balance transfer gives you a permanently low rate until the balance is cleared.
Top Balance Transfer Tips
- Consider whether a 0% balance transfer credit card or a lifetime balance offer will suit you best.
- Almost all credit card issuers now charge a small administration fee for balance transfers so remember to check all the offer details.
- If you are still a little confused, why not use our balance transfer calculator.
Product Offers
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.