Comparing balance transfer credit cards online since 2002Can you make an Aqua balance transfer? How do I make an Aqua card balance transfer? Can you transfer from Aqua credit cards?
The above are all common question that we have recently seen UK customers looking for answers on the subject of an Aqua balance transfer.
Aqua credit cards are primarily a credit builder credit card. These cards are often used by customers who do not have any credit history. They are also commonly used by customers who have had credit problems, in their past. These credit problems may have included missed, or late payments, and also County Court Judgements.
When you use an Aqua credit card responsibly, then it is possible to use your Aqua card to build a stronger credit rating over time. You can do this by staying within your given credit limit and also making your monthly payments on time, every month.
A stronger credit card rating, can then lead to a higher credit limit for the customer. This could be a £4000 credit card limit, or a new credit card with a £7000 limit, for example.
Aqua Card Balance Transfer
Can you make an Aqua balance transfer? Are there any Aqua balance transfer offers for UK customers?
As a credit builder credit card, the Aqua credit card has a higher than average standard rate of interest. The Aqua Classic card has a representative 37.9% APR variable, for example. The Aqua Advance and Aqua Reward cards both have a representative 34.9% APR variable.
As a result of these very high interest rates, many customers will look to make a balance transfer to save money. Making an Aqua card balance transfer from your existing Aqua credit card, to a new card with a 0% introductory offer will reduce your interest payments.
So, yes you can make an Aqua card transfer to another credit card. However, with Aqua credit cards having such high interest rates, it is very unlikely that many customers will look to make a transfer from another card, to an Aqua card.
Aqua Credit Card Balance Transfer
Are you looking to make an Aqua card balance transfer to another credit card?
Many UK customers will look to make a Aqua balance transfer to another credit card, in order to save money. This is due to the high interest rates charged on the Aqua credit cards.
Transferring an outstanding balance from a credit card charging 37.9% APR to a credit card with a 0% introductory rate on balance transfers does give you an opportunity to save money. You will pay no interest for the duration of the 0% introductory offer on your new card.
Many of the current UK credit cards with 0% introductory offers, will accept an Aqua card balance transfer.
However to be accepted for any new interest free balance transfer credit card, you will need to have a good credit rating. Your credit rating will need to have improved, compared to when you first applied for your Aqua credit card.
Aqua credit card customers are much more likely to be accepted for a new 0% credit card if they can meet all of the following criteria:-
- You have had an Aqua credit card for at least 12 months or more
- Every month you have made, at least, the minimum payment on time
- You have no recent late payments on any other bills, cards or loans
- You have no recent County Court Judgement’s
- In relation to your overall annual income, you have a low level of other debt
If you meet all of the above criteria, then the following featured cards are more likely to be suitable for an Aqua card balance transfer:-
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- 0% interest for up to 16 months on balance transfers made within first 60 days of account opening
- 3.49% balance transfer fee applies (minimum £5)
- 0% interest on purchases for up to 18 months from account opening
- At end of promotional period, balance transfers and purchases will revert to standard variable rate
- Worldwide offers and discounts with HSBC home&Away
- Manage your card online
- Annual Fee: None
- You have an annual income or pension before tax of £6,800 or more
- You are a UK resident
- You are aged 18 or over
- You do not hold an HSBC Basic bank account
- 0% for up to 26 months on balance transfers made within 90 days of account opening
- 3.49% balance transfer fee, minimum £5
- 0% on purchases for 3 months from account opening
- Collect M&S points every time you shop anywhere in the world with your card
- One point for every £1 you spend in M&S and one point for every £5 you spend elsewhere
- Manage account online
- Annual Fee: None
- You are a UK resident
- You have an annual income or pension of at least £6,800
- You are aged 18 or over
- You have not held a credit card with M&S Bank within the previous 12 months
- 0% for up to 12 months on balance transfers made within 90 days of account opening
- 3.49% balance transfer fee, minimum £5
- 0% on purchases for up to 20 months from account opening
- Collect M&S points every time you shop anywhere in the world with your card
- One point for every £1 you spend in M&S and one point for every £5 you spend elsewhere
- Manage account online
- Annual Fee: None
- You are a UK resident
- You have an annual income or pension of at least £6,800
- You are aged 18 or over
- You have not held a credit card with M&S Bank within the previous 12 months
- 0% on balance transfers for up to 12 months
- 2.9% balance transfer fee
- 0% on purchases for up to 12 months
- Credit limit up to £8,000
- Online account management
- Annual Fee: None
- You are a UK resident
- You have a bank or building society account
- You are aged 18 or over
- 0% on balance transfers for 12 months from the date your account is opened
- 3% balance transfer fee in first 60 days, 5% fee applies after 60 days
- 0% on purchases for 3 months from the date your account is opened
- Discounts on Virgin holidays, Virgin trains and Virgin experience days
- Contactless payments to quickly and securely pay for purchases up to £100
- Online card servicing
- Annual Fee: None
- You are a UK resident
- You have a bank or building society account
- You have a good credit history
- You are aged 18 or over
Aqua Credit Card
Most UK credit card companies now allow customers to do an eligibility check, before making a full application for a new credit card. This check shows you the cards you are eligible to apply for and does not affect your credit score.
The Aqua credit cards are issued in the UK as cards which use the MasterCard payment network for payment processing.
Many UK card companies use Mastercard, although the main HSBC balance transfer credit cards, for example, do now use the Visa payment network. However you can make an balance transfer to either another MasterCard credit card, or to a Visa credit card.
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