Welcome to Balance Transfer Expert. We are an independent, free to use website and provide a comparison service for every 0% balance transfer credit card that is currently available online in the UK.
Balance Transfers Explained:- Balance transfers can be defined as the process of moving an existing credit card balance from your current credit card to a new credit card, where typically the new credit card charges 0% interest on the balance for a limited time introductory period.
After this 0% introductory period has ended the credit card company will then charge any outstanding balance remaining on the card at a higher standard rate of interest. This standard rate will often be a representative 18.9% APR variable.
When a credit card customer transfers the credit card balance in this way by making a balance transfer, they are usually aiming to save money by paying no interest during the 0% introductory period.
Which UK credit cards are large balance transfer credit cards?
How can you increase your chances of successfully applying for large balance transfer credit cards in 2016?
Getting approved for large balance transfer credit cards for many UK customers was much easier in the days before the banking crisis started. Many more people were approved for credit cards and the credit limits were often much higher, so allowing for a large balance transfer.
Lloyds balance transfer deals on the Lloyds balance transfer card range have changed again with effect from 18th August 2016.
Lloyds balance transfer deals are available on a wide range of Lloyds balance transfer cards, with 0% balance transfers now available for 40 months, 32 months, 24 months and 20 months with a low balance transfer fee.