0% Balance Transfer Credit Cards
The term 0% balance transfers is very much the in at the moment when it comes to how people will compare credit cards. The longest introductory balance transfer offers seem to be the most popular credit card offers in the UK, with good reason. These 0% balance transfer deals can save you hundreds of pounds over the course of any year if you are wise enough to pick the best option.
These offers are a fantastic way of saving money on any interest charges that are being applied to your current credit card balance. There are some points that should be considered about these offers. There is no interest applied to your 0% balance transfer for the predetermined period but there is also a necessity to pay at least the minimum monthly charge or you will be liable for a penalty cost which on average is about £20. For more information about balance transfer credit cards you may find the information in our balance transfer guide some interesting reading.
With all the recent news regarding rate tarts and credit surfers costing credit card companies millions of pounds every year nearly all 0% balance transfer credit cards will come with a balance transfer charge. This charge is normally around 2% with a capped rate of £50. The days were you could hop around from one 0% deal to another and using the credit card companies money to save interest seem to have disappeared. However, you can still play the game and save money by using these deals, even with the applied charge.
If you would like to view all our balance transfer offers check out our compare credit cards section.
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Nat West Credit Card
- 0% balance transfers for 9 months
- 0% purchases for 9 months
- Earn airmiles as you spend
- Gold and Platinum cardholders benefit from free purchase protection and extended warranty on household goods bought
- 16.9% typical APR variable
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Post Office Credit Card
- 0% on balance transfers for 8 months
- 0% on purchases for 3 months
- Free purchase protection
- Issued by Bank of Ireland
- Typical APR 14.9% variable
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Virgin Credit Card
- 0% on balance transfers for 13 months
- 15.9% typical APR variable
- Discounts on your mobile phone bill
- Free purchase protection
- Protection on fraudulent use
- 2.98% balance transfer handling fee
- Virgin credit card review
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Barclaycard
- 0% on balance transfers for 12 months
- 0% introductory offer on all purchases for 3 months
- 17.9% typical APR variable
- Free purchase protection
- Protection on fraudulent use
- 2.5% balance transfer handling fee
- Barclaycard review
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Marbles Credit Card
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