Compare balance transfer credit cards

You could save money by getting a balance transfer credit card with a low APR or even 0% interest period.

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See your chances of acceptance before you apply

How this works
48 results found, based on transferring £3000 and paying £160 a month. Sorted by payment term and costs. Find out more about how our calculator works and how we order our comparisons.
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Sainsbury's Bank No Balance Transfer Fee Credit Card (21 Mths)
Balance transfers
0% for 21 months with no fee
Balance transfer fee
No fee
Representative APR (variable)
20.9% APR
Pay the balance over
19 months with no fees or interest
No balance transfer fee applies to transfers made within the first 3 months. For transfers made after this period, the fee may vary.
Balance Transfer fee of 0% or 1% applies to transfers made within your first three months, depending on your individual circumstances. The charge will depend on your current offer thereafter.
Sainsbury's Bank may offer you a 0% interest period on balance transfers of 17 or 13 months instead, depending on your individual circumstances.
Representative Example: The standard interest rate on purchases is 20.95% p.a. (variable), so if you borrow £1,200 the Representative APR will be 20.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£10,000
UK Resident
HSBC Balance Transfer Credit Card
Balance transfers
0% for 20 months with no fee
Balance transfer fee
No fee
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with no fees or interest
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with no fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£6,800
UK Resident
Barclaycard Platinum Balance Transfer (15 Mths)
Balance transfers
0% for 15 months with no fee
Balance transfer fee
No fee
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with fees & interest of £24.77
Sign up for a Barclaycard and get up to five months free of Apple Music, Apple TV+, Apple News+ and Apple Arcade. Continues as paid subscription after trial ends. UK only, T&Cs apply.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with no fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£3,000
UK Resident
Barclaycard Platinum Balance Transfer (24 Mths)
Balance transfers
0% for 24 months with a 0.9% fee
Balance transfer fee
0.9%
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with fees & interest of £27.00
Sign up for a Barclaycard and get up to five months free of Apple Music, Apple TV+, Apple News+ and Apple Arcade. Continues as paid subscription after trial ends. UK only, T&Cs apply.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with no fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£3,000
UK Resident
MBNA Ltd Balance Transfer Credit Card (27 Mths)
Balance transfers
0% for 27 months with a 1% fee
Balance transfer fee
1%
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with fees & interest of £30.00
£30 cashback on Balance or Money Transfers totalling £1,000 or more made in the first 60 days of account opening. T&C’s apply. Balance Transfers and Money Transfers must be completed within the first 60 days to get the promotional offers.
The duration of the introductory offer may vary depending on your personal circumstances.
Representative Example: The standard interest rate on purchases is 21.94% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
UK Resident
Sainsbury's Bank Balance Transfer 28 Month Credit Card
Balance transfers
0% for 28 months with a 1% fee (£3 min.)
Balance transfer fee
1% (£3 min.)
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with fees & interest of £30.00
A Balance Transfer fee of 1% or 1.5% applies on transfers made within the first 3 months, depending on your individual circumstances (£3 minimum). The charge will depend on your current offer thereafter.
Sainsbury's Bank may offer you a 0% interest period on balance transfers of 28 or 20 months, depending on your individual circumstances.
Representative Example: The standard interest rate on purchases is 21.95% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£10,000
UK Resident
Barclaycard Platinum Balance Transfer (27 Mths)
Balance transfers
0% for 27 months with a 1.15% fee
Balance transfer fee
1.15%
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with fees & interest of £34.50
Sign up for a Barclaycard and get up to five months free of Apple Music, Apple TV+, Apple News+ and Apple Arcade. Continues as paid subscription after trial ends. UK only, T&Cs apply.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with no fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£3,000
UK Resident
Virgin Money Balance Transfer Credit Card (27 Mths) (21.9%)
Balance transfers
0% for 27 months with a 1.2% fee
Balance transfer fee
1.2%
Representative APR (variable)
21.9% APR
Pay the balance over
19 months with fees & interest of £36.00
Virgin Money Back offers cardholders the ability to earn cashback on their credit card spend at participating retailers when they are enrolled in the programme via the mobile app'. Use Virgin Money’s Card Checker to see your chances of being accepted.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with a 5% fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£7,000
UK Resident
Virgin Money Balance Transfer Credit Card (27 Mths) (23.9%)
Balance transfers
0% for 27 months with a 1.2% fee
Balance transfer fee
1.2%
Representative APR (variable)
23.9% APR
Pay the balance over
19 months with fees & interest of £36.00
Virgin Money Back offers cardholders the ability to earn cashback on their credit card spend at participating retailers when they are enrolled in the programme via the mobile app'. Use Virgin Money’s Card Checker to see your chances of being accepted.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 23.9% p.a. variable with a 5% fee.
Representative Example: The standard interest rate on purchases is 23.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 23.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£7,000
UK Resident
Virgin Money Balance Transfer Credit Card (27 Mths) (25.9%)
Balance transfers
0% for 27 months with a 1.2% fee
Balance transfer fee
1.2%
Representative APR (variable)
25.9% APR
Pay the balance over
19 months with fees & interest of £36.00
Virgin Money Back offers cardholders the ability to earn cashback on their credit card spend at participating retailers when they are enrolled in the programme via the mobile app'. Use Virgin Money’s Card Checker to see your chances of being accepted.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 25.9% p.a. variable with a 5% fee.
Representative Example: The standard interest rate on purchases is 25.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 25.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£7,000
UK Resident
Sainsbury's Bank Balance Transfer 30 Months Credit Card
Balance transfers
0% for 30 months with a 1.5% fee (£3 min.)
Balance transfer fee
1.5% (£3 min.)
Representative APR (variable)
19.9% APR
Pay the balance over
20 months with fees & interest of £45.00
Balance Transfer fee of 1.5% applies to transfers made at application (£3 minimum). The charge will depend on your current offer thereafter.
Sainsbury's Bank may offer you a 0% interest period on balance transfers of 30 or 24 months depending on your personal circumstances.
Representative Example: The standard interest rate on purchases is 19.95% p.a. (variable), so if you borrow £1,200 the Representative APR will be 19.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£10,000
UK Resident
Barclaycard Platinum Balance Transfer (28 Mths)
Balance transfers
0% for 28 months with a 1.6% fee
Balance transfer fee
1.6%
Representative APR (variable)
21.9% APR
Pay the balance over
20 months with fees & interest of £48.00
Sign up for a Barclaycard and get up to five months free of Apple Music, Apple TV+, Apple News+ and Apple Arcade. Continues as paid subscription after trial ends. UK only, T&Cs apply.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with no fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£3,000
UK Resident
TSB Platinum Purchase Card
Balance transfers
0% for 15 months with a 1.45% fee
Balance transfer fee
1.45%
Representative APR (variable)
21.9% APR
Pay the balance over
20 months with fees & interest of £71.89
Transfer a balance within 90 days of opening an account to get the 0% deal with 1.45% fee; otherwise the rate will be 21.95% p.a. variable with a 5% fee.
Credit limits, promotional periods and interest rates will vary based on your individual circumstances.
Representative Example: The standard interest rate on purchases is 21.95% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
UK Resident
MBNA Long Balance Transfer Credit Card
Balance transfers
0% for 29 months with a 2.69% fee
Balance transfer fee
2.69%
Representative APR (variable)
21.9% APR
Pay the balance over
20 months with fees & interest of £80.70
£30 cashback on Balance or Money Transfers totalling £1,000 or more made in the first 60 days of account opening. T&C’s apply. Balance Transfers and Money Transfers must be completed within the first 60 days to get the promotional offers.
The duration of the introductory offer may vary depending on your personal circumstances.
Representative Example: The standard interest rate on purchases is 21.94% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
UK Resident
Barclaycard Platinum Balance Transfer (29 Mths)
Balance transfers
0% for 29 months with a 2.69% fee
Balance transfer fee
2.69%
Representative APR (variable)
21.9% APR
Pay the balance over
20 months with fees & interest of £80.70
Sign up for a Barclaycard and get up to five months free of Apple Music, Apple TV+, Apple News+ and Apple Arcade. Continues as paid subscription after trial ends. UK only, T&Cs apply.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with no fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£3,000
UK Resident
Halifax Long 0% Balance Transfer Credit Card
Balance transfers
0% for 29 months with a 2.7% fee
Balance transfer fee
2.7%
Representative APR (variable)
21.9% APR
Pay the balance over
20 months with fees & interest of £81.00
Balance Transfers must be completed within the first 90 days to get the promotional offers.
The duration of the introductory offer may vary depending on your personal circumstances.
Representative Example: The standard interest rate on purchases is 21.94% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
UK Resident
Virgin Money Balance Transfer Credit Card (29 Mths) (23.9%)
Balance transfers
0% for 29 months with a 2.7% fee
Balance transfer fee
2.7%
Representative APR (variable)
23.9% APR
Pay the balance over
20 months with fees & interest of £81.00
Virgin Money Back offers cardholders the ability to earn cashback on their credit card spend at participating retailers when they are enrolled in the programme via the mobile app'. Use Virgin Money’s Card Checker to see your chances of being accepted.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 23.9% p.a. variable with a 5% fee.
Representative Example: The standard interest rate on purchases is 23.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 23.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£7,000
UK Resident
Virgin Money Balance Transfer Credit Card (29 Mths) (21.9%)
Balance transfers
0% for 29 months with a 2.7% fee
Balance transfer fee
2.7%
Representative APR (variable)
21.9% APR
Pay the balance over
20 months with fees & interest of £81.00
Virgin Money Back offers cardholders the ability to earn cashback on their credit card spend at participating retailers when they are enrolled in the programme via the mobile app'. Use Virgin Money’s Card Checker to see your chances of being accepted.
Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. variable with a 5% fee.
Representative Example: The standard interest rate on purchases is 21.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 21.9% (variable).
Eligibility
Credit Ratinggood
Minimum Age18 years
Minimum Income£7,000
UK Resident

We are classed as a credit broker for consumer credit, not a lender.

Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.

Last updated: 23 September, 2021

How do balance transfer credit cards work?

Balance transfer credit cards let you pay off existing debt by transferring your balance from an existing card to a new card with a lower interest rate. This means you could clear your debt faster as you won't be paying as much interest.

Find out more about how balance transfers work

When to use a balance transfer credit card

A credit card balance transfer should be used when the interest rate on your current credit card is too high, and you want to pay off a sizeable balance.

With a balance transfer to a new card, you could pay off your debt at a monthly cost you can afford.

If you are looking to cut interest on your balance and find the best card to make purchases at the same time, you may be able to find a balance transfer and purchases credit card to help you do both.

You can compare balance transfer and purchase credit cards here

Remember that you can't transfer a balance between cards from the same bank/provider. For example, if you have a Natwest credit card, you can't transfer the balance to a Natwest balance transfer card.

How long is the 0% balance transfer introductory period?

With a 0% balance transfer credit card, the introductory interest free period can range from two months all the way up to 29 months.

The longer the introductory period, the more time you will have to pay it back, without paying interest.

Most providers will state that you must complete the balance transfer within a set period for you to get the 0% deal. For example, you may have to complete the balance transfer within 60 days of opening your balance transfer credit card. This is to stop the rate rising and any fees being applied.

How long you need to pay off your balance depends on how much you can afford to pay every month. Paying off your balance within the interest-free period helps you save money.

What happens after the 0% interest-free period ends?

The interest rate usually increases sharply to what is known as the Standard Variable Rate (SVR) or the 'revert rate'. This is why it's important to pay off your balance within the interest-free period.

  • If you paid your balance in full: You have nothing to worry about. You can either cancel the card, or keep it to make purchases in the future.

  • If you still have a partial balance remaining: You could opt to get another 0% balance transfer card for the remaining balance and pay it off without paying interest.

What is the balance transfer fee?

Some credit cards will charge what is known the balance transfer fee. This is either a flat fee or a small percentage of the amount you want to transfer. This usually added to your balance.

If you make a balance transfer of £2,000 to a credit card with a 2% balance transfer fee, it would cost £40, making your total transferred balance £2,040.

The balance transfer fee typically ranges between 1% and 5%. Some providers will also charge a set fee if you have a small balance to transfer.

You may be offered a balance transfer credit card with a fee of 2.9% or a £5 minimum. If you want to transfer £150 to this card, 2.9% of your transfer amount is only £4.35, so you would have to pay the £5 minimum.

Pros and cons of balance transfer credit cards

As with most finance products, there are advantages and disadvantages of doing a balance transfer:

Pros

  • helps you save on interest payments
  • allows you to consolidate debt and pay it off quicker
  • can be useful to spread the cost of large expenses

Cons

  • you may have to pay balance transfer fees
  • missing a payment can cost you your 0% interest rate, and you could end up paying more in interest than you were before.
  • Having a new credit card can tempt you into unnecessary spending.

How to do a balance transfer

1. Calculate your total credit card debt

Add up you credit card debt prioritising those which charge the highest interest. Divide your balance by how much you can afford to pay every month and find out how long you need to pay off the whole balance. For example, if you need to pay off £1,200 and you can afford to pay £200 a month, then you'll need 6 months, to pay off the whole balance.

2. Compare balance transfer credit cards

There's a lot of balance transfer deals to choose from, but all of them have different features. So choose one the suits your specific circumstances.

Here are some steps to take when comparing balance transfer credit cards:

  • Use the comparison above to find the best deals. Look for cards with a 0% interest period that is long enough for you to repay the whole balance.

  • Check the fees for each balance transfer credit card. This is charged as a percentage of the amount you transfer (although some cards come with no fee).

  • Check what the 0% rate covers. Typically, the 0% introductory offer applies to balance transfers and not purchases. This means you'll usually have to pay higher interest rates on any purchases with the balance transfer credit card.

  • Check your credit score. The best deals will only be offered to you if you have a healthy credit score.

3. Apply for a balance transfer credit card

Once you've chosen the balance transfer card that suits your needs, you can fill out an application. It can take up to a week or more to hear back on whether you've been accepted.

Make sure you keep on making payments on your existing credit card until your balance has been transferred.

4. Start paying off your debt

Once your balance has been transferred you can start making payments. To make the most of your 0% balance transfer credit card, try to pay off the whole balance before the interest free period ends.

Can you get a balancer transfer credit card with bad credit?

If you've got bad credit, there are still some options for you to get balance transfer credit card. It's likely that you'll have to pay a higher balance transfer fee and that the 0% interest period will be much shorter, typically ranging from five to nine months.

It's also likely that you'll be offered a lower credit limit, and that the APR once the interest free period ends will be much higher, i.e. above 30%.

Balance transfer FAQs

It can only take a few days but might take up to two weeks to get a new credit card and up to another week to make the balance transfer.

Being pre-approved not only means that you'll be accepted for the credit card, but also guarantees the interest free period and APR you've been offered based on your details. The only thing that is not guaranteed is the credit limit.

Apply at least three weeks before you need the balance on your old card to be paid off.

Your provider will let you transfer a percentage of your credit limit (usually 90-95%), e.g. 90% of a £2,000 credit limit would mean you could use £1,800 towards balance transfers.

This confirmed by your provider after they have approved your application. Here is how credit limits work and how much it costs if you exceed it.

Once you've transferred the balance from an old card you have two options. You can either close the card or keep it. Closing the card can impact your credit rating as it will affect your credit utilisation, which is the amount of debt you have compared to the amount of credit available to you.

Repay the amount that will clear your balance by the end of the 0% period by direct debit so you never miss a payment or pay interest.

Money transfer credit cards let you send money to your bank account with 0% interest for several months. Here is how to make a money transfer.

Yes, lenders decide whether to offer you a balance transfer as well as what APR and credit limit they offer you based on your credit record.

About our credit cards comparison

Our comparison tables include providers we have commercial arrangements with. The number of listings in our tables can vary depending on the terms of those arrangements, as well as other market developments. They are all from lenders regulated by the Financial Conduct Authority (FCA). Here is more information about how our website works.

We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.

You do not pay any extra and the deal you get is not affected.

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