Balance Transfer From American Express

Balance Transfer From American ExpressA balance transfer from American Express credit cards can often be slightly more difficult, than many other types of balance transfers in the UK. An AMEX balance transfer can often fail due to the 15 digit card number on an American Express card.

We have recently seen an increasing number of questions on the topic of a balance transfer from American Express.

In this article, we explain how to successfully make an American Express balance transfer.

Balance Transfer From American Express

Can you do a balance transfer from American Express?

You can make a balance transfer from American Express to another UK credit card, but the card choice is limited.

It is usually easy to make a balance transfer from a Mastercard, or Visa, credit card to another UK credit card. However a balance transfer from American Express to another 0% credit card can often be more difficult.

What is the issue with doing a balance transfer from American Express, that makes it more difficult?

American Express credit cards are issued with a 15 digit card number on the front of the card. However, all UK Visa and MasterCard credit cards are issued with a 16 digit card number.

The UK credit card companies generally have their computer systems set up to expect at least a 16 digit card number for the balance transfer request.

As a result the 15 digit card number for an American Express card can often lead to the computer system rejecting the AMEX card number as invalid. As a result the American Express balance transfer request can then often fail.

AMEX Balance Transfer

How can a customer in the UK make an AMEX balance transfer?

In our experience, the following credit card company’s systems are more compatible with accepting the 15 digit AMEX card number.

The featured cards below are best suited to accept a balance transfer from American Express online:-

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 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 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

Card Offers

Balance Transfers:
0% for 12 Months
Balance Transfer Fee:
0%
Purchases:
0% for 12 Months
Representative APR:
15.9% APR (variable)
More Information

Card Details

Nationwide Select 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
  • Unlimited commission free purchases abroad
  • Manage account online
  • Annual Fee: None
More Information

Application Criteria

Nationwide Select 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
  • Our credit card exclusively for members with a main current account
  • 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
Our credit card exclusively for members with a main current account
Representative Example: 15.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 15.9% p.a. (variable)

If you encounter a problem making your balance transfer online, here is one tip that we know has worked previously. When entering the credit card number, place a 0 as the first digit of your existing American Express card number. This will then give you the required 16 digit credit card number.

A small number of UK credit cards provide both an American Express card and a Visa or MasterCard credit card on the same account. This is most common with rewards credit cards like some airline or travel credit cards. In this case, we would recommend using the 16 digit Visa or MasterCard card number to make the balance transfer.

Some AMEX balance transfer customers have reported success in making a balance transfer from American Express over the telephone with their credit card customer services. However, a balance transfer from American Express may also be problematic in this way too.

If requesting an American Express balance transfer over the telephone, it is often best to ask for a supervisor. These more experienced people are often more likely to understand how to make this type of balance transfer from American Express cards.

American Express Balance Transfer

American Express currently, do not provide any 0% American Express balance transfer offers in the UK. For many years now, American Express UK have not issued any AMEX balance transfer cards with a 0% transfer offer.

You can ask to make a balance transfer from another credit card to an American Express card. However, you will not benefit from the 0% rates available on balance transfers from many other popular UK credit cards.

So, in summary, can I transfer my American Express balance to another card?

Yes as described above, you can. In our experience, the card companies listed above are more used to dealing with an American Express balance transfer. Many of the other credit card companies do not deal so well with the AMEX balance transfer card number issue.


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