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 19.9% APR variable, or higher.
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.
Balance Transfer Articles
What is a balance transfer promotional code? How can UK credit card customers make use of these balance transfer promotional codes in 2021?
The UK credit card companies will sometimes make additional 0% or low rate balance transfer offers, to some carefully selected existing credit card customers.
To allow these balance transfer offers, outside of any introductory balance transfer offer periods, the credit card companies will supply selected customers with a balance transfer promotional code.
This balance transfer promotional code is usually …. Read More »
What kind of balance transfer deals for existing customers are available in the UK, in 2021?
Currently, there are two different types of 0% balance transfer deals for existing customers.
The first type of transfer deals for existing customers are offered by all of the main banks. The former building societies, which issue 0% balance transfer credit cards in the UK, also offer these types of deals.
In this case, the 0% balance transfer deal is …. Read More »
Balance Transfer News
The introductory 0% offers on the HSBC balance transfer credit cards regularly change. This allows HSBC to adjust their competitiveness in the UK credit card market.
The HSBC balance transfer credit card offers new customers 0% interest for 25 months on balance transfers, with a 2.85% balance transfer fee (minimum £5) and a representative 21.9% APR (variable). This card had previously offered a lower 1.5% balance transfer fee on balance transfers.
There is also a …. Read More »
There are two Nationwide balance transfer credit card offers, available in the UK credit card market.
The Nationwide balance transfer offers on these Nationwide balance transfer credit cards are only available if you are a Nationwide Member. You are a Nationwide Member, when you already have a current account, mortgage or savings account with Nationwide.
The Nationwide balance transfer credit card offer is 0% for 18 months on balance transfers, with a 1.5% balance transfer …. Read More »
Balance Transfer Questions
Over recent months, we have seen many UK credit card customers looking for answers to questions about a balance transfer from someone else’s credit card.
In most cases, when making a balance transfer, a customer will transfer the outstanding balance from a credit card in their own name, to a new credit card, that is also in their name.
However, what if you would like to transfer the outstanding balance from someone else’s credit card? …. Read More »
A balance transfer from American Express credit cards can often be more difficult, than it is for most other types of balance transfers in the UK.
An AMEX balance transfer can be more likely to fail. This is often, but not always, due to the 15 digit card number, found on an American Express card.
Over recent months, we have seen a large increase in the number of questions, about making a balance transfer from …. Read More »