Hi Mike7777,

There isn't a lot out there but you have more options the better your credit rating.

If yours is perfect, there's a long-term low rate card that has no fee - the Barclaycard Simplicity - 6.8% on transfers and purchases. You'd pay interest but lower than you'll find elsewhere.

Alternatively, if you're willing to pay a fee, there's the Virgin Credit Card offering 16 months of 0% on balance transfers. Of course, as Trollers points out, if you then spend on it, you'll have to clear your transferred debt before you're able to shift the debt you're paying interest on.

As with Simplicity, your credit score will have to be really, really good.

We have quite a lot of advice on credit cards in the news pages. Have a look in the credit card news channel.

Let us know what you decide,

Felicity

A quick look at the 100 odd listings via the link to the right shows that their aren't any cards at the moment with 0% BT fee (the majority are in the 2.98 to 3% area). To be honest, I've not heard of a CC company offering 0% BT fee for a while.

So I'd suggest your best bet would be to find the CC that gives you the longest interest free period for your balance transfer fee - at the end of the day, £120 fee (3% of £4,000) for 9 / 12 /15 months interest free will be better than paying interest for those same months.

If you are heading down the "rate tarting" route, don't forget that any purchases will attract interest and will more than likely be the last to be paid off.

Hi all

I need to do a balance transfer of £4K and wondered if any cards out there would do this without the normal transfer fee of around 3%.

Any ideas ?

Many thanks for your time and help.

Kind regards

Mike777