Balance Transfer To Another Person?

Can you balance transfer to another person?

Here at Balance Transfer Expert we have seen many UK credit card customers looking for an answer regarding making a balance transfer to another person.

The balance transfer to another person situation can often occur when one person has the outstanding balance on a card in their name, but another person may well have the stronger credit rating. This can often make them more likely to be accepted for a new 0% balance transfer credit card.

The balance transfer to another person scenario is most often seen when an unmarried couple or partners, with different names and living together wish to make a balance transfer from one person to the other.

Can You Balance Transfer To Another Person?

Balance Transfer To Another PersonSome, but not all, credit card companies will allow a balance transfer to another person by allowing a balance transfer from people with different names.

When applying for a new balance transfer credit card, some of the online balance transfer forms do not ask for the name of the cardholder that you are transferring the balance from.

These online balance transfer forms simply ask for the name of the credit card, the 16 digit credit card number and the amount that you wish to balance transfer.

You are however often more likely to be asked for the cardholders when you apply for a balance transfer over the telephone or in a bank branch.

Balance Transfer To Another Person

So, from the above, you know that you can balance transfer to another person. However, there is one other issue that you need to be aware of before you go ahead and make the balance transfer.

The issue to be aware of is the transfer of the liability of the debt.

If, for example, Miss Smith does a balance transfer to a credit card belonging to Mr Brown.  After the transfer Mr Brown is now responsible for all repayment of the outstanding balance. It will be Mr Brown’s credit rating at risk in the event of any non payment.

All of the following 0% balance transfer credit cards will allow an balance transfer to another person. These featured credit cards do not ask for the cardholders name when making a balance transfer request online.

Card Offers

Balance Transfers:
0% for 32 Months
Balance Transfer Fee:
0.99%
Purchases:
0% for 6 Months
Representative APR:
19.9% APR (variable)
More Information

Card Details

M&S Transfer Plus*
  • 0% for 32 months on balance transfers made within 90 days of account opening
  • 0.99% balance transfer fee, minimum £5
  • 0% on purchases for 6 months from account opening
  • Collect M&S points every time you shop anywhere in the world with your card
  • Preferential rates when you use your card to order M&S Travel Money
  • Manage account online
  • Annual Fee: None
More Information

Application Criteria

M&S Transfer Plus*
  • You are a UK resident
  • You have a UK bank or building society account
  • You are aged 18 or over
  • You have not held a credit card with M&S Bank within previous 12 months
More Information
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

Card Offers

Balance Transfers:
0% for 12 Months
Balance Transfer Fee:
0%
Purchases:
0% for 12 Months
Representative APR:
17.9% APR (variable)
More Information

Card Details

Nationwide Credit Card just for Nationwide members*
  • 0% on balance transfers for 12 months from account opening
  • 0% balance transfer fee within first 3 months, 2.4% fee applies after, minimum £5
  • 0% on purchases for 12 months from account opening
  • Commission free allowance on purchases abroad (subject to terms)
  • Manage account online
  • Annual Fee: None
More Information

Application Criteria

Nationwide Credit Card just for Nationwide members*
  • Our credit cards are just for members. Youre a member when you have a current account, mortgage or savings account with us
  • You have been living in the UK for the last 12 months
  • You have a gross income each year of more than £5000
  • You have a good credit history
  • You are aged 18 or over
More Information
Representative Example: 17.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 17.9% p.a. (variable)

Card Offers

Balance Transfers:
0% for 32 Months
Balance Transfer Fee:
1.4%
Purchases:
0% for 3 Months
Representative APR:
19.9% APR (variable)
More Information

Card Details

HSBC*
  • 0% interest on balance transfers for 32 months made within 60 days of account opening
  • 1.4% balance transfer fee (minimum £5)
  • 0% interest on purchases for 3 months from account opening
  • At the end of 0% offer period, balance transfers and purchases will revert to standard variable rate
  • home&Away rewards programme giving you instant discounts from well-known brands
  • Online account management
  • Annual Fee: None
More Information

Application Criteria

HSBC*
  • You have an annual income or pension before tax of £8,500 or more
  • You are a UK resident, including Isle of Man and Channel Islands
  • You are aged 18 or over
  • You do not hold an HSBC Basic bank account
More Information
Offer: £25 cashback between 10th September and 9th November 2018. Subject to terms and conditions
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)
Credit is subject to status

Card Offers

Balance Transfers:
0% for 25 Months
Balance Transfer Fee:
2.9%
Purchases:
0% for 25 Months
Representative APR:
19.9% APR (variable)
More Information

Card Details

M&S Shopping Plus*
  • 0% for 25 months on balance transfers made within 90 days of account opening
  • 2.9% balance transfer fee, minimum £5
  • 0% on purchases for 25 months from account opening
  • Collect M&S points every time you shop anywhere in the world with your card
  • Preferential rates when you use your card to order M&S Travel Money
  • Manage account online
  • Annual Fee: None
More Information

Application Criteria

M&S Shopping Plus*
  • You are a UK resident
  • You have a UK bank or building society account
  • You are aged 18 or over
  • You have not held a credit card with M&S Bank within previous 12 months
More Information
Representative Example: 19.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 19.9% p.a. (variable)

Card Offers

Balance Transfers:
0% for 26 Months
Balance Transfer Fee:
2.89%
Purchases:
0% for 26 Months
Representative APR:
22.9% APR (variable)
More Information

Card Details

HSBC Dual*
  • 0% interest for 26 months on balance transfers made within 60 days of account opening
  • 2.89% balance transfer fee (minimum £5)
  • 0% on purchases for 26 months from account opening
  • At the end of 0% offer period, balance transfers and purchases will revert to standard variable rate
  • home&Away rewards programme giving you instant discounts from well-known brands
  • Online account management
  • Annual Fee: None
More Information

Application Criteria

HSBC Dual*
  • You have an annual income or pension before tax of £8,500 or more
  • You are a UK resident, including Isle of Man and Channel Islands
  • You are aged 18 or over
  • You do not hold an HSBC Basic bank account
More Information
Offer: £25 cashback between 10th September and 9th November 2018. Subject to terms and conditions
Representative Example: 22.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 22.9% p.a. (variable)
Credit is subject to status

Some of the questions we have seen recently related to this balance transfer to another person question include:-

  • Can you balance transfer another person’s credit card?
  • Can you balance transfer from one person to another?
  • Balance transfer different name?
  • Can I transfer a credit card balance to another person?
  • Can you balance transfer a credit card from another person

So in summary, yes you can do a balance transfer to another person. This is provided that you understand and are happy with the issue of the debt transfer to yourself. It is your responsibility, for all of the repayments, once that debt has being transferred into your name.


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