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
Large balance transfer credit cards are those credit cards which allow a customer a large credit limit.
These cards can allow a customer to make a large balance transfer. This balance transfer can be from one, or perhaps several, of their existing credit cards.
Before the banking crisis began, being approved for large balance transfer credit cards, was often quite common for many UK customers.
Back then, many more customers were approved for a …. Read More »
What kind of balance transfer deals for existing customers are available in the UK, in 2020?
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 1.5% balance transfer fee (minimum £5) and a representative 21.9% APR (variable). This card had previously offered a longer 0% for 28 months offer on balance transfers.
There is also …. Read More »
The long 29 month Virgin balance transfer card is now no longer available to new customers. This Virgin balance transfer card was withdrawn from the UK credit card market on 26th May 2019.
Virgin Money have now withdrawn many of their 0% balance transfer cards from the market.
The number of balance transfer credit cards have reduced over recent months as the UK credit card companies have either removed their longest balance transfer cards all together, or …. Read More »
Balance Transfer Questions
Can you make a Vanquis balance transfer? Is a balance transfer from Vanquis possible in the UK? Which Vanquis balance transfers are allowed?
These are all some of the most recent questions that we have seen credit card customers looking for answers on, around the topic of making a balance transfer from Vanquis.
The Vanquis credit card is primarily a credit builder credit card. The card is designed for people with either no previous credit history, or …. Read More »
In 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 »