Amount to transfer:
Pay back over:
Pay back each month:
MBNA Platinum Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 32 months
4% fee
0% for 3 months18.9% APR
0% on money transfers for 32 months from the date your account is opened (4% handling fee). For this great rate your balance needs to be transferred within the first 60 days of your account opening. ConsumerMoneyfacts Credit Card Provider of 2014.
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
British Heart Foundation Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 31 months
4% fee
0% for 3 months18.9% APR
0% on money transfers for 31 months from the date the account is opened (4% handling fee). For this great rate + an extra £10 to the British Heart Foundation, transfer your balance within the first 90 days of account opening.
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
WWF Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 31 months
4% fee
0% for 3 months18.9% APR
0% on money transfers for 31 months from the date the account is opened (4% handling fee). For this great rate & an extra £10 to go to WFF, transfer you balance within the first 90 days of account opening.
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Virgin Balance Transfer Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 29 months
4% fee
0% for 6 months18.9% APR
0% on money transfers for 29 months from the date your account is opened (4% handling fee). For this great rate your balance needs to be transferred within the first 60 days of your account opening.
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
fluid Balance Transfer Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 29 months
4% fee
0% for 3 months18.9% APR
The introductory rate is for balances transferred within the first 60 days of your account opening. 0% on money transfers for the first 29months with a 4% handling fee.
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
AA Balance Transfer Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 28 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
MBNA Everyday Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 21 months
4% fee
0% for 15 months15.9% APR
0% on money transfers for 21 months from the date your account is opened (4% handling fee). For this great rate your balance needs to be transferred within the first 60 days of your account opening. ConsumerMoneyfacts Credit Card Provider of 2014.
Representative Example: The standard interest rate on purchases is 15.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 15.9% APR APR (variable).
AA Rewards Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 12 months
4% fee
0% for 10 months16.9% APR
Earn Reward Points every time you spend, earn double on fuel. Redeem on a range of products including shopping vouchers and cash back.
Representative Example: The standard interest rate on purchases is 16.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 16.9% APR APR (variable).
fluid Low Fee Balance Transfer Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 10 months
4% fee
0% for 3 months19.9% APR
The introductory rate is for balances transferred within the first 60 days of your account opening. 0% on money transfers for the first 10 months with a 4% handling fee.
Representative Example: The standard interest rate on purchases is 19.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 19.9% APR APR (variable).
Emirates Skywards Credit Card Account
Money TransfersPurchasesRepresentative APR (variable)
0% for 6 months
2% fee
0% for 12 months17.9% APR
Earn 5,000 Bonus Miles on your first purchase (made within 90 days of account opening.) Plus, an additional 5,000 Bonus Miles if you spend £1,000 within the first 90 days of account opening.
Representative Example: The standard interest rate on purchases is 17.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 17.9% APR APR (variable).
Emirates Skywards Elite Credit Card Account
Money TransfersPurchasesRepresentative APR (variable)
0% for 6 months
2% fee
0% for 12 months54.9% APR
Earn 10,000 Bonus Miles on your first purchase (made within 90 days of account opening.) Plus, an additional 15,000 Bonus Miles if you spend £2,000 within the first 90 days of account opening.
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable), £150 annual fee. So if you borrow £1,200 the Representative APR will be 54.9% APR APR (variable).
fluid Balance Transfer Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 26 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
MBNA Platinum Credit Card (25 mths)
Money TransfersPurchasesRepresentative APR (variable)
0% for 25 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Arsenal Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Aston Villa Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Born Free Foundation Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months16.9% APR
Representative Example: The standard interest rate on purchases is 16.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 16.9% APR APR (variable).
Breakthrough Breast Cancer Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Chelsea Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Leeds Building Society Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).
Liverpool FC Rewards Credit Card
Money TransfersPurchasesRepresentative APR (variable)
0% for 24 months
4% fee
0% for 3 months18.9% APR
Representative Example: The standard interest rate on purchases is 18.9% p.a. (variable). So if you borrow £1,200 the Representative APR will be 18.9% APR APR (variable).

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Can You Transfer Money From A Credit Card To A Bank Account?

by BillJ

It is possible to transfer money from credit card to bank account – but you’ll need to be careful how you go about it. We show you how to avoid the pitfalls...

Credit Card Pile

Compare 0% Money Transfer credit cards.

Transferring money from your credit card directly into your bank account can be a good way to get a cheap loan or clear debt from your current account.

Essentially money transfers are like balance transfers from your credit card to your bank account, rather than from one credit card to another. Theoretically, it sounds good – but you can end up overpaying if you don’t do it correctly.

We take a look at what you can do, and how it can go wrong.

Can I transfer money from my credit card?

Most credit cards won't allow you to transfer money directly from your credit card to your bank account (sometimes called a “super balance transfer”).

Of those that do, many charge significant handling fees up front in addition to high interest rates on the money you move. It simply isn’t worthwhile.

However, if you get a dedicated 0% money transfer credit card you will be able to transfer money from your credit card to a bank account for minimum cost.

What are 0% money transfer credit cards?

0% money transfer cards are standard credit cards in almost every aspect – but one.

Their defining feature is that they will let you transfer cash from your credit card to your current account interest free for a set period of time.

Providing you make at least the minimum repayments, you won’t start paying any interest on the money that you move until the interest free period is up. 

This gives you a cheap and convenient way to borrow cash that you can spend as you see fit.

Although you will have to pay a money transfer fee (often called a handling fee) when you make the transfer. This is usually around 4% of the total.

As with all credit cards, you will have to pay back anything you borrow. However, if you pay the sum off within the 0% introductory period then you won’t need to worry about it growing – no interest will be added.

How to get the best money transfer credit cards

The most important thing to do is shop around and compare 0% money transfer credit cards before you apply.

Bear in mind you’ll need to make at least the minimum repayments each month so you don't forfeit the interest free period and get charged penalty fees and interest.

The first thing to do is decide whether you want to use the card for making purchases or balance transfers as well as for making a money transfer. If so then you'll need to look for the card that offers the best combination of interest free periods and charges on all three.  If the introductory 0% periods aren't equal in length remember to check how and when interest will be charged and aim to pay off the balance before your borrowing starts costing you.

If you don’t want to use the card for any purpose other than making a money transfer then your priority is going to be getting the longest money transfer deal for the cheapest handling fee.

Before you apply, consider how long you it will take you to pay off the amount you plan to borrow. Then compare the cards that offer at least this length of time interest free to see which charges the lowest fees and holds the key to the cheapest money transfers.

You can find the best money transfer credit cards for your circumstances using our 0% money transfer credit card comparison table. Check the terms and conditions of every card that you compare so that you’re not caught out.

Once you apply you'll need to make your money transfer as soon as possible so you don't miss the window of opportunity to do so (this tends to be around 60 days from getting approved for the card).

You'll also need to have a plan in place to clear the card’s balance: whether this is saving the necessary money to pay off what you owe at the end of the 0% period, or arranging a 0% balance transfer before you are charged interest.

What not to do

If you need to get your hands on some extra cash, the major thing to avoid probably sounds like the most convenient solution: withdrawing cash from an ATM using your credit card.

Even if you have one of the best money transfer cards out there, you should only ever withdraw cash on your credit card (called a cash advance) in an emergency. Here’s why:

  • Cash taken out from a hole-in-the-wall isn’t eligible for any interest free period
  • You'll be charged interest from the minute you get your hands on the cash, and the APR will be much higher in the first place, sometimes reaching over 30%
  • You will incur a transaction charge on the amount you borrow; this is usually a percentage of the cash you've withdrawn subject to a minimum that can be as high as £5.
  • Read our guide, the Real Cost of Credit Card Cash Advances for more information.

In most cases a credit card money transfer is by far the cheaper option, if you can find the right card.

Alternatively, for other ways of borrowing cash quickly read our guide, The Cheapest Way to Borrow Money Fast.

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