Balance Transfer Promotional Code

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.

Balance Transfer Promotional Code

This balance transfer promotional code is usually provided as a sequence of numbers and letters. The code is specific to the type of offer the customer is being provided with.

The credit card customer can then use these balance transfer promotional codes when requesting an online balance transfer. Using this code ensures that they receive the specific balance transfer deal that they have been offered.

Balance Transfer Promotional Code

At Balance Transfer Expert we have seen numerous UK credit card customers searching for a balance transfer promotional code. Some of the more recent queries have included :-

  • Tesco credit card balance transfer promotional code
  • Promotional code for Halifax balance transfer
  • NatWest credit card promotional code
  • Tesco¬†balance transfer promo code
  • RBS¬†transfer promotional code
  • HSBC Balance transfer promotional code

However, a balance transfer promotional code can not be used by just anyone.

In almost all cases when a credit card company supplies a balance transfer promotional code to a customer, the code is only available to that customer. The credit card company has carefully selected the customer. This selection is based on their credit history and also their past usage of the credit card.

If you try and make a balance transfer using a code, that has not been offered directly to you, by the credit card company, one of two things will happen. Either, your balance transfer will be rejected or your balance transfer will be made at the normal standard APR rate for balance transfers.

This could mean that you end up paying the standard rate of 19.9% APR or higher on your balance transfer. As a result, rather than the special offer deal you thought you were going to get, you will end up paying a much higher interest rate.

If you do not have a promotional code available to you, then we have a choice of over 60 UK 0% credit cards available. These include all of these popular featured cards :-


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Card Offers

Balance Transfers:
0% for 25 months
Balance Transfer Fee:
2.85%
Purchases:
0% for 3 months
Representative APR:
21.9% APR (variable)
More Information

Card Details

HSBC Balance Transfer*
  • 0% interest for 25 months on balance transfers made within first 60 days of account opening
  • 2.85% balance transfer fee applies (minimum £5)
  • 0% interest on purchases for 3 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
More Information

Application Criteria

HSBC Balance Transfer*
  • 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
More Information
Representative Example: 21.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 21.9% p.a. (variable)
Credit is subject to status, affordability and applicable terms and conditions
No balance transfers allowed to this card from first direct, HSBC, M&S or Partnership credit cards

Card Offers

Balance Transfers:
0% for 18 months
Balance Transfer Fee:
2.9%
Purchases:
0% for 9 months
Representative APR:
18.9% APR (variable)
More Information

Card Details

Partnership
  • 0% on balance transfers for 18 months from account opening
  • 2.9% balance transfer fee, minimum £5
  • 0% on purchases for 9 months from account opening
  • Earn points to convert into John Lewis and Waitrose vouchers
  • Every 500 points you earn is worth £5 in vouchers
  • Exclusive partnership cardholder events and special offers
  • Annual Fee: None
More Information

Application Criteria

Partnership
  • You have a UK residential address
  • You have a good credit history
  • You have a household income of more than £6,750 a year
  • You are aged 18 or over
More Information
Representative Example: 18.9% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 18.9% p.a. (variable)
No balance transfers allowed to this card from first direct, HSBC, M&S or Partnership credit cards

Card Offers

Balance Transfers:
0% for 18 months
Balance Transfer Fee:
2.9%
Purchases:
0% for 18 months
Representative APR:
22.9% APR (variable)
More Information

Card Details

HSBC Purchase Plus*
  • 0% interest for 18 months on balance transfers made within first 60 days of account opening
  • 2.9% balance transfer fee applies (minimum £5)
  • 0% interest on purchases for 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
More Information

Application Criteria

HSBC Purchase Plus*
  • 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
More Information
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, affordability and applicable terms and conditions
No balance transfers allowed to this card from first direct, HSBC, M&S or Partnership credit cards

Card Offers

Balance Transfers:
0% for 24 months
Balance Transfer Fee:
3%
Purchases:
0% for 4 months
Representative APR:
20.6% APR (variable)
More Information

Card Details

Co-operative Bank Balance Transfer
  • 0% interest for 24 months for balance transfers made within 60 days
  • 3% balance transfer fee, minimum £5
  • 0% interest on purchases for 4 months from account opening
  • All successful applicants will receive this exact rate and offer
  • Online account management
  • Annual Fee: None
More Information

Application Criteria

Co-operative Bank Balance Transfer
  • Only available to customers who have held a Co-operative Bank or smile current account for 1 month or more
  • You are a UK resident
  • You have annual income of £10,000 or more
  • You are aged 18 or over
More Information
Only available to Co-operative Bank customers
Representative Example: 20.6% APR representative (variable). Based on an assumed credit limit of £1,200 and a purchase rate of 20.6% p.a. (variable)
No balance transfers allowed to this card from Co-operative credit cards

None of the credit cards above, require a customer to have a promotional code available to them. These cards allow customers to make a 0% balance transfer from their existing credit card.


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