Skip navigation

Balance transfer credit cards

Balance transfer credit cards can be great tools to help you save money. They allow you to transfer money from one credit card to a new one, potentially saving you hundreds of pounds if you’re paying interest on your current credit card.

Did you know? If you have a balance of £3,000 accruing interest at the average rate of 17.9% APR and move your balance to the market leading card, you could save £1008.82 in interest charges over 31 months after paying the balance transfer fee of 2.99% (assuming you currently pay off 1% of your balance plus any charges or fees, on time each month).

Credit Cards best buy table heading

loading throbber...
Market leading Barclaycard Platinum
31 months
0.0% interest
2.99% 6 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

LIMITED OFFER- £20 cashback when you transfer over £2,000

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 4 stars
  • This credit card has a 4 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
MBNA Platinum Credit Card
30 months
0.0% interest
2.89% 3 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

Benefit from a lengthy introductory promotional rate on balance and money transfers

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 4 stars
  • This credit card has a 4 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Barclaycard Platinum 30 Months
30 months
0.0% interest
2.89% 6 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

LIMITED OFFER- £20 cashback when you transfer over £2,000

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 4 stars
  • This credit card has a 4 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Tesco Clubcard Credit Card for Balance Transfers
30 months
0.0% interest
2.90% 3 months
0.0% interest

Clubcard points

18.9%
APR
Apply
Card info Card rating

Earn 1 point for every £4 spend in each purchase transaction (£4 min)

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • 5 Star Rating
  • This credit card has a 5 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Halifax Balance Transfer 30 Months
30 months
0.0% interest
3.00% 6 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

***APR is dependent on your personal circumstances***

Representative example: If you spend £1,200 at an annual interest rate of 18.95% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
fluid Balance Transfer
29 months
0.0% interest
2.90% 3 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

Pay no interest on your transferred balance for 29 months (2.9% fee)

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 4 stars
  • This credit card has a 4 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Santander Credit Card
29 months
0.0% interest
3.00% 3 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

0% interest for 29 months on balance transfers, with 0% on purchases for 3 months

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Barclaycard Platinum 28 Months
28 months
0.0% interest
2.44% 6 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

Balance transfer handling fee reduced from 3.5% to 2.44%. Terms apply

Representative example: If you spend £1,200 at a purchase rate of 18.9% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 4 stars
  • This credit card has a 4 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Bank of Scotland Platinum Balance Transfer Card
28 months
0.0% interest
2.45% 6 months
0.0% interest

no rewards

17.9%
APR
Apply
Card info Card rating

***APR and length of 0% period are dependent on your personal circumstances***

Representative example: If you spend £1,200 at an annual interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Halifax Balance Transfer
28 months
0.0% interest
2.45% 6 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

***APR and length of 0% period are dependent on your personal circumstances***

Representative example: If you spend £1,200 at an annual interest rate of 18.95% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Lloyds Bank Platinum Balance Transfer 28 Months
28 months
0.0% interest
2.45% 6 months
0.0% interest

no rewards

18.9%
APR
Apply
Card info Card rating

Balance Transfer fee refund - refunds part of a 3% fee so overall a 2.45% fee is payable

Representative example: If you spend £1,200 at an annual interest rate of 18.95% (variable) your Representative APR will be 18.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Nationwide Select
26 months
0.0% interest
2.40% 15 months
0.0% interest

Uncapped cashback

15.9%
APR
Apply
Card info Card rating

Available to new & existing Flex account holders. Plus, 0.5% unlimited cashback.

Representative example: If you spend £1,200 at a purchase rate of 15.9% (variable) your Representative APR will be 15.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 5 stars
  • This credit card has a 5 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Nationwide
26 months
0.0% interest
2.40% 3 months
0.0% interest

no rewards

17.9%
APR
Apply
Card info Card rating

Join the 'Rewards for Abroad' scheme to earn your commission-free allowance

Representative example: If you spend £1,200 at a purchase rate of 17.9% (variable) your Representative APR will be 17.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • 5 Star Rating
  • This credit card has a 5 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Bank of Scotland Platinum
24 months
0.0% interest
1.50% 3 months
0.0% interest

no rewards

17.9%
APR
Apply
Card info Card rating

***APR and length of 0% period are dependent on your personal circumstances***

Representative example: If you spend £1,200 at an annual interest rate of 17.95% (variable) your Representative APR will be 17.9% (variable).

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details
Lloyds Bank Platinum Balance Transfer Card
24 months
0.0% interest
1.50% 3 months
0.0% interest

no rewards

17.9%
APR
Apply
Card info Card rating

Balance Transfer fee refund - refunds part of a 3% fee so overall a 1.5% fee is payable

Representative example: If you spend £1,200 at a purchase rate of 17.9% (variable) your Representative APR will be 17.9% (variable)

This details the cost of borrowing with this card after any introductory 0% deals have ended.

The representative APR is offered to at least 51% of customers accepted, and takes into account the annual interest rate charged on purchases and any annual fees.

The £1,200 spend is used as an example.

Help

  • Defaqto 3 stars
  • This credit card has a 3 Star Rating from independent financial research company, Defaqto, for its level of features and benefits. Tell me more

More details

Balance transfer credit cards: help, tips & providers

About balance transfer credit cards

What is a balance transfer credit card?

A balance transfer credit card is a card that allows you to transfer the balance from an existing credit account to it. They typically offer 0 per cent introductory periods, allowing you to pay down the balance on the card without paying interest. The cards allow you to transfer from several cards at once to your new card, so if you currently have several credit cards that you are paying interest on, you may be able to save money by transferring all of the balances to a new card.

What types of balance transfer cards are there?

Credit cards that accept balance transfers come in all shapes and sizes, with some cards offering nearly two years interest free on any transfers. It’s important to pick the card to best suit your needs as typically the cards with longer introductory periods have higher balance transfer fees. If you think that you will be able to clear your balance within 12 months, then you may be able to find a card with a lower transfer fee offering a 12 month introductory period rather than one offering over 12 months. There are some balance transfer cards that offer low balance transfer fees, but they tend to have short introductory periods.

Some balance transfer cards offer a lower rate of interest for the length of the balance, rather than for a fixed period. This type of balance transfer card may be more suitable if you have a larger debt that will take longer to pay off.

You can find more information about balance transfers in our guide to moving your existing balance.

Which is the best card?

Everyone has a different financial situation, so it’s impossible to say what the best card is – but you can decide what the best card for you is by taking into account several factors; the amount you need to transfer, the time you think it will take you to clear the balance, and your credit rating. Once you know your situation you can pick the best card for your own circumstances. Once you’ve picked which card you think will suit you, you can check how much you could save using our balance transfer calculator and inputting information about both your current card and the new card.

Can everyone get a balance transfer card?

Typically balance transfer cards are aimed at customers with a good credit rating. If you are struggling to keep up with payments on your current cards then it could mean that you may not be accepted for a balance transfer credit card. If you are worried about your credit rating you can use our free Card Matcher tool to check your likelihood of acceptance for all the credit cards on our panel.

You can also check your credit rating for free to find out what you can do to make sure you get the credit you want.

Which providers offer balance transfer cards?

Many credit card providers offer cards with zero per cent introductory rates on balance transfers, but typically the longest introductory periods are provided by Barclaycard, MBNA, Lloyds Bank, or Nationwide.