Best Balance Transfer Credit Cards 2018

Best Balance Transfer Credit Cards 2011What are the best balance transfer credit cards 2018?

In what is a very competitive UK credit card market, the 0% balance transfer offers and promotional deals are constantly changing.

The best balance transfer credit cards in 2017 in the UK kept increasing their 0% offers throughout the year. The longest balance transfer offers, were as long as 0% for 43 months.

The Bank of England has recently warned the banks regarding the easy availability of credit. As a result of these warnings the best 0% balance transfer offers have reduced in length.

Here at Balance Transfer Expert we compare the whole UK market and currently have over 85 different 0% balance transfer credit cards to choose from.

So what makes a credit card stand out as one of the best balance transfer credit cards of 2018?

We have three main criteria that we use to consider what are the best 2018 balance transfer credit cards.  These are :-

  • The length of the promotional balance transfer offer
    • The longer the 0% introductory rate lasts, the more money you can save on interest. Any repayments you make above the minimum payment will also repay your debt faster.
  • The size of  the balance transfer fee
    •  In this case a smaller percentage handling fee is better, meaning you pay less in fees.
  • The cards application criteria
    •  No one knows the exact credit scoring used by the individual card companies, but do you have a reasonable chance of actually being accepted for the card?

Taking all of the above factors into account and with the precondition that all individual cardholders circumstances will vary, here is our choice of the best 0% balance transfer credit cards currently available in 2018.

Best Balance Transfer Credit Cards 2018 – Longest Offers

The featured balance transfer credit cards with the longest promotional 0% offers, lower than average fees and good acceptance rates:-

Card Offers

Balance Transfers:
0% for 28 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 28 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 20 Months
Balance Transfer Fee:
2.9%
Purchases:
0% for 20 Months
Representative APR:
19.9% APR (variable)
More Information

Card Details

M&S Shopping Plus*
  • 0% for 20 months on balance transfers made within 90 days of account opening
  • 2.9% balance transfer fee, minimum £5
  • 0% on purchases for 20 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)

Best Balance Transfer Credit Cards 2018 – Lowest Fees

The lowest featured balance transfer fee credit cards which also have a reasonably long 0% offer:-

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 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)

The best balance transfer credit cards will generally only be available to those customers with a very good credit history. These customers will have no recent late payment or bad debt problems.

Having a low level of outstanding debt in relation to your overall annual income will also increase your chances of being accepted for one of the best balance transfer credit cards in 2018.

You can see the full range of all UK balance transfer credit cards, including all of the above 2018 best balance transfer credit cards on our balance transfer cards page.


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