Compare Balance Transfer Credit Cards

What type of balance transfer card will you need?

£20 cashback when you spend or balance transfer £250 or more in the first 60 days. T&C's apply. Only available through MONY Group

HSBC

Balance Transfer Credit Card

0% period

35 months, then 24.9%
Transfer fee

3.19%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.9% (variable) p.a. your representative APR is 24.9% (variable)

Great for

0% interest on balance transfers for 35 months from the date of transfer (3.19% fee applies). Transfers must be made within 60 days to benefit
0% interest on purchases for 3 months from the date you open your account

But be aware that

You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances
Balance transfers must be made within the first 60 days to get the promotional offer. You'll have to pay a balance transfer fee of 3.19% or £5, whichever is higher
You can't transfer a balance from another card issued by HSBC, First Direct or M&S Bank. You must earn at least £6,800 a year to be eligible for this card

£20 cashback when you spend or balance transfer £250 or more in the first 60 days. T&C's apply. Only available through MONY Group

HSBC

Balance Transfer Credit Card

0% period

35 months, then 24.9%
Transfer fee

3.19%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.9% (variable) p.a. your representative APR is 24.9% (variable)

Great for

0% interest on balance transfers for 35 months from the date of transfer (3.19% fee applies). Transfers must be made within 60 days to benefit
0% interest on purchases for 3 months from the date you open your account

But be aware that

You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances
Balance Transfers must be made within the first 60 days to get the promotional offer
You can't transfer a balance from another card issued by HSBC, First Direct or M&S Bank. You must earn at least £6,800 a year to be eligible for this card

£20 cashback when you spend or balance transfer £250 or more in the first 60 days. T&C's apply. Only available through MONY Group

HSBC

Balance Transfer Credit Card

0% period

35 months, then 28.9%
Transfer fee

3.19%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 28.9% (variable) p.a. your representative APR is 28.9% (variable)

But be aware that

You can't transfer a balance from another card issued by HSBC, First Direct or M&S Bank
Balance Transfers must be made within the first 60 days to get the promotional offer
You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances

Barclaycard

35 month Balance Transfer

0% period

35 months, then 24.9%
Transfer fee

3.45%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.9% (variable) p.a. your representative APR is 24.9% (variable)

Great for

0% interest on balance transfers for 35 months from the date you open your account (3.45% fee applies). Transfers must be made within 60 days to benefit from the 0% offer
Earn up to 15% cashback automatically when you spend at a range of participating retailers with Barclaycard Cashback Rewards. This is a new benefit, available to all Barclaycard Visa credit card customers. T&Cs apply.

But be aware that

You might get different interest rates and promotional periods to those shown here, because these depend on your circumstances
Balance transfers must be made within the first 60 days to get the promotional offer
You can't transfer a balance from another card issued by Barclaycard

Barclaycard

35 month Balance Transfer

0% period

35 months, then 31.9%
Transfer fee

3.45%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 31.9% (variable) p.a. your representative APR is 31.9% (variable)

Great for

0% interest on balance transfers for 35 months from the date you open your account (3.45% fee applies). Transfers must be made within 60 days to benefit from the 0% offer
Earn up to 15% cashback automatically when you spend at a range of participating retailers with Barclaycard Cashback Rewards. This is a new benefit, available to all Barclaycard Visa credit card customers. T&Cs apply

But be aware that

Balance transfers must be made within the first 60 days to get the promotional offer
You can't transfer a balance from another card issued by Barclaycard
You must earn at least £20,000 a year to be eligible for this card

Virgin Money

34 month Balance Transfer Credit Card

0% period

34 months, then 24.9%
Transfer fee

2.95%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.9% (variable) p.a. your representative APR is 24.9% (variable)

Great for

Virgin Money Back lets you earn cashback on your credit card spending at participating retailers. Sign up in the mobile app

But be aware that

Balance transfers and money transfers must be made within the first 60 days to get the promotional offer
You can't transfer a balance from another card issued by Virgin Money, Clydesdale Bank, Yorkshire Bank or B credit card
You must earn at least £7,000 a year to be eligible for this card

Winner of Credit Card Provider of the Year at the Moneyfacts Awards 2025

MBNA

Long Balance Transfer Card

0% period

34 months, then 24.9%
Transfer fee

2.99%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.94% (variable) p.a. your representative APR is 24.9% (variable)

Great for

Contactless payments up to £100

But be aware that

Balance transfers and money transfers must be made within the first 60 days to get the promotional offer
You can't transfer a balance from another card issued by MBNA

Spend with your Santander Mastercard debit or credit card in the UK or abroad from 1 Jul 2025 to 31 Dec 2025 and get entries into a monthly prize draw to win a European trip for two. You must enter the promotion to take part. T&Cs apply

Santander

Everyday Long Term Balance Transfer Credit Card

0% period

34 months, then 24.9%
Transfer fee

3.15%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.9% (variable) p.a. your representative APR is 24.9% (variable)

Great for

Get cashback, vouchers, prize draws and other offers personalised with Santander Boosts
Up to 3 additional cardholders (you will be responsible for the use of and payments on the additional cards)
Up to 56 days interest-free credit on purchases

But be aware that

You can't transfer a balance from another card issued by Santander or cahoot
You're not eligible for this card if you've had a CCJ or been declared bankrupt in the last 72 months

Tesco Bank

Balance Transfer Credit Card

0% period

34 months, then 24.9%
Transfer fee

3.45%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 24.94% (variable) p.a. your representative APR is 24.9% (variable)

Great for

Collect Tesco Clubcard points almost everywhere you use your card, on top of your usual Clubcard points in Tesco. Minimum spend applies
You're eligible to apply for this card even if you've already got another Tesco Bank credit card

But be aware that

Balance transfers and money transfers must be made within the first 90 days to get the promotional offer. You can't transfer a balance from another card issued by Tesco Bank and you must earn at least £5000 a year to be eligible for this card
Unless you have been pre-approved, you might get a different interest rate to the one shown here, because this depends on your circumstances

With a Tesco Bank Credit Card, you’re guaranteed to get the promotional rate and APR shown if you are accepted. Just make sure the information you have provided is accurate

Tesco Bank

Balance Transfer Credit Card

0% period

34 months, then 26.9%
Transfer fee

3.45%

Check Eligibility

Representative example: If you spend £1,200.00 at a purchase rate of 26.94% (variable) p.a. your representative APR is 26.9% (variable)

Great for

Collect Tesco Clubcard points almost everywhere you use your card, on top of your usual Clubcard points in Tesco. Minimum spend applies
You're eligible to apply for this card even if you've already got another Tesco Bank credit card
If you're accepted you'll get 0% on balance transfers for 34 months from account opening. 3.45% balance transfer fee

But be aware that

Unless you have been pre approved, you might get a different interest rate to the one shown here, because this depends on your circumstances
You're more likely to be accepted if you haven't received any CCJs in the past 18 months and haven't had an account closed in the past year due to missed repayments
Balance Transfers must be made within the first 90 days to get the promotional offer. You can't transfer a balance from another card issued by Tesco Bank and you must earn at least £5,000 a year to be eligible for this card

This is a selection of our top balance transfer cards, ordered by 0% balance transfer period.

What is a balance transfer credit card?

A balance transfer credit card lets you move your existing credit card balances to a new card with a lower or 0% interest rate. Known as a credit card balance transfer, this can significantly reduce the interest you pay, helping you manage and pay off your debt more efficiently.

Keep in mind that most balance transfer cards require a fee of up to 3.45% of the transferred balance. To make the most of your new card, aim to pay off the balance before the introductory 0% or low-interest period expires.

Last month, MoneySuperMarket customers saved £398^{^} on average by moving their existing debt to a balance transfer credit card.

Watch our video to see more details about how a balance transfer card works.

Credit Card Calculator

See how much it will cost to pay off your credit card, and how long will it take

Current card balance

£

Current interest rate

%

This rate of interest determines how much it costs for you to borrow on the credit card.

You should be able to find it on your statement, usually in a summary box on the back. Unless you have changed cards recently, it's likely to be between about 14.9% and 29.9%.

If you can't find it, get in touch with your card provider - they will be able to tell you simply and quickly.

How much do you repay each month?

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Enter the size of the payment you typically make each month.

If you aren't sure, look back at your last three statements to see how much you paid on those.

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You'll need to repay more each month to pay off the card within the next 20 years

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Save money with a balance transfer credit card

Switching to a 0% balance transfer card could save you £200. Play with the filters below to match your circumstance and find out how much you can save.

Length

Fee rate

	Current	Switching
Monthly cost	‐	‐
Last installment	‐	‐
Interest cost & fees	‐	‐
What you save	‐	‐

* If you do not pay off your balance within the promotional period, you will then be charged interest. For calculation purposes, we've used the interest rate you entered above.

Compare balance transfer cards

73%^ of MoneySuperMarket users were pre-approved for a balance transfer credit card

That means you can apply with confidence, in the knowledge that...

The deal you see is the deal you'll get: When you're pre-approved, the 0% period, interest rate and card fees (if applicable) are all confirmed up front (subject to lenders final checks)
It won't affect your credit score: Soft searches aren't visible to companies and won't impact your chances of securing further credit in future
You’ll see a personalised chance of approval for all cards: That means you can easily compare your options across a range of credit cards and boost your chances of acceptance

How much could you save with a balance transfer credit card?

If you're paying interest on an existing balance, you can stop interest from building by moving the debt to a balance transfer credit card, saving you money and enabling you to pay off your debt sooner.

To see how much you could save by switching, calculate your savings with our credit card interest calculator.

Most MoneySuperMarket customers save

£398^

by moving their existing debts to a balance transfer credit card.

Check eligibility

Use our eligibility checker to see which cards you’re likely to be approved for beforehand. Lenders will look at factors like your credit history, income, and debts.
Compare offers

Look for cards that offer the longest 0% interest period and the lowest transfer fee. Make sure the credit limit is enough to cover the debt you want to transfer.
Apply and transfer

Complete the online application with details about your income, employment, and debts. If approved, request the balance transfer from your old card.

How to transfer an existing balance to a new card

Each provider's process can vary, but you can generally start the balance transfer process:

At the point of application - many providers ask if you're transferring a balance during the application process, so you can start it then
Through an online banking account or mobile banking app - just follow the on-screen instructions once you're signed up to initiate the process
Over the phone with a customer service representative - but be aware of any call charges

To transfer a balance, you'll need to tell your new card provider:

The balance you're bringing over (the transfer amount)
The credit card number you're transferring from
How much of your balance you'd like to transfer

It's important to note that the balance transfer process may take a few days to complete, so keep making payments on the old card until you receive confirmation that the balance has moved to the new card.

Your new provider will settle the balance with your old card issuer.

Low-rate credit cards

Some cards offer consistently low interest rates, making repayments more predictable.
Debt consolidation loans

Combine multiple debts into a single loan with fixed monthly payments.
Talk to your lender

Many providers will work with you on repayment plans if you’re struggling.
Free debt advice

Charities like StepChange or Citizens Advice can help with debt management plans or other tailored solutions.

Transfer your balance as early as you can

For most balance transfer cards, the introductory 0% period is only reserved for transfers that are made within the first 60 or 90 days. So always check the small print before you apply.

After this has passed, any balance transfers would accrue interest unless it's paid off in full, defeating the purpose of shifting your debt to a low or no interest card.

Set up a direct debit to ensure you always cover the minimum payment

If you don’t make at least the minimum payment, you may incur a penalty and even lose the introductory APR rate.

Always set up a direct debit to keep up your payments and keep your promotional interest rate, or you may end up paying interest all over again.

Avoiding spending or withdrawing money

Balance transfer cards sometimes charge higher rates for purchases and cash withdrawals, and you won't be covered by the introductory interest period.

If you need to carry on spending, consider a combined balance transfer and purchase credit card instead.

Clear your debt before the 0% period ends

Make sure you’ve paid off your debt by the time the 0% period ends or transfer it to a new balance transfer card - if you don't, you'll start paying interest on the remaining balance. Ensure you understand how much you need to pay each month to clear it, as this may be higher than the card's minimum payment.

For example:

Your new balance is £2,060 - the balance you transferred and the 3% fee your provider charged to move the balance.
You've been given a 24 month interest-free period to repay the balance.
If you don't use the card and only repay the balance, you'd need to repay £85.83 each month to clear the balance before your promotional period ends.

You can't transfer a balance between two cards from the same provider

If your current credit card provider is HSBC, you won't be able to transfer a balance to another HSBC credit card.

Some providers take this further and prevent transfers from providers within the same banking group, for example, because HSBC and M&S bank share the same banking group, you couldn't transfer your balance between either.

On the other hand, because NatWest sit in a different banking group, you could move your HSBC balance to a NatWest card.

Even if you can't transfer your full balance, you can still save

The median credit limit for a balance transfer card is around £3,000, meaning if your current balance is higher, you might not be able to move your full balance to the new card.

However, you can still move part of your balance to the new card so you can pay less interest on a chunk of your overall debt.

For example:

You have a credit card debt of £4,000 at a 24.4% APR on your existing card
You're accepted for a balance transfer card with a £3,000 credit limit with a 3% fee.
You can typically only transfer up 95% of your new card's credit limit, but this means you can still move most of your debt onto the new card.
You'll still pay interest on what's left of your original card balance, but the balance you move across will no longer be accruing interest for the duration of your introductory 0% interest period.

What's the difference between the promotional and standard interest rate?

It's key to understand the difference between the two types of rates, so you don't get caught out at the end of the interest free period.

Promotional interest rates are the low (or even 0%) rates that are offered for a set period, when you first take out the card. They can help you save money on interest charges, making it easier to pay down your debt. WIth MoneySuperMarket, you can currently get a promotional period of 35^{^} months
Standard interest rates are the rates that apply after the promotional period ends. These rates are usually much higher, so it's important to be aware of when your promotional period finishes and what your standard rate will be.

Top tip: Aim to pay off as much of your balance as possible during the promotional period so that you can minimise the amount of interest you'll pay at the standard rate.

Is there a limit to how much I can transfer?

Yes, there is usually a limit on how much you can transfer to a balance transfer card. This limit is determined by the credit limit you're given on the new card.

Providers typically won't let you transfer more than 90-95% of your credit limit to leave room for potential interest and fees. You won't know your exact credit limit until you're approved, but you can get an idea by pre-qualifying for a card.

Even if you can't transfer your entire balance, moving as much as possible to a 0% interest card can still save you money.

Advantages
- Low-interest, or 0%, introductory period gives you the opportunity to pay down your debt quicker
- You’re often servicing a single debt that’s easier to keep track of
- Once you’ve cleared your debt, you can usually expect your credit score to improve
Disadvantages
- If you fail to make your repayments on time and in full, you’ll lose the low introductory rate
- You’ll be liable for a balance transfer fee, which could be 5% of the sum being transferred
- Once the introductory term ends, the rate you’ll be paying will be much higher

How do I choose the best balance transfer card?

Finding the best balance transfer card is a case of matching a card to your personal circumstances. Here’s what should take into account…

How long is the low-interest period?
For most people it'll likely be a case of the longer, the better. That’ll give you more time to clear the debt without accruing high interest
Is there a balance transfer fee to pay?
Some cards charge as much as 5% to transfer your balance. Consider whether that fee outweighs any savings you’ll make in interest
What’s the rate after the introductory period?
Some cards charge as much as 35%. So if you don't repay your debt in full during the introductory period, your repayments could shoot up dramatically. However, according to MoneySuperMarket data from September 2024, the average representative APR for a balance transfer card was 27%.

What other types of balance transfer credit card are there?

Beyond longer 0% interest balance transfer cards, you can compare and apply for no-fee or balance transfer and purchase cards.

No-fee balance transfer
Want to avoid fees? Consider a no-fee balance transfer card - though these often come with shorter interest free periods.
Balance transfer and purchase cards
Want to transfer a balance and keep spending? A combined balance transfer and purchase credit card might fit your needs.

Balance transfer cards

27.8% ^{^}

Travel credit cards

30.0% ^{^}

Credit builder cards

34.7% ^{^}

Rewards cards

33.4% ^{^}

Trusted Service Awards Winners

MoneySuperMarket has won the Feefo Platinum Trusted Service Award, an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.

Platinum Trusted Service Award 2025 - Full Colour Landscape

Why is it a good time to get a balance transfer credit card?

As of December 2025, the Bank of England base rate is 4%, following a cut in August, but compared to recent years interest rates are still relatively high and this translates to higher borrowing costs, including credit card repayments. If you don’t clear your balance monthly. Moving your debt to a low or 0% balance transfer card can help you:

Clear debt faster: Repay more of what you owe rather than covering high interest rate charges that apply on credit cards and store cards

Save money: You might face a one-off fee for moving your debt, but you could save much more in interest repayments, thanks to the lower interest rate you'll be paying

Improve your financial position: Consolidating and clearing your debt can improve your credit score, aiding future financial applications

Does transferring a balance hurt my credit score?

In the long term, using a 0% balance transfer credit card will help you boost your credit score, as long as you pay off the debt regularly.

However, you should remember that applying for a 0% balance transfer credit card will show up on your credit report as part of a so-called hard credit check. If you don’t get approved and go on to apply for multiple cards, this could have a negative impact on your credit score.

Once you complete your transfer, don’t close lots of old credit cards at once, as this can also harm your score.

Our expert says…

Getting a balance transfer card could be a savvy move as interest rates are currently high

Balance transfer credit cards can be a great tool for managing and paying down debt without interest charges eroding your best efforts.
These cards usually come with an interest-free period and our top deal has a 0% period of 35^{^} months. Just remember, you’ll have to pay a transfer fee – so make sure to read the terms and conditions before applying.

Kara Gammell Personal Finance & Insurance Expert

Need more guidance? We've got you covered

Want to find out more about balance transfer cards and how they could help you manage debt? Our specialist guides can give you the knowledge you need.

Can I take out a new 0% card once the interest free period is over?

Yes, there is nothing to prevent you from taking out a new 0% balance transfer credit card once the interest free period ends.

If you don’t, be aware that you’ll accrue interest on your existing balance at a higher rate. By moving it to another 0% card or paying the debt off in full, you will save yourself more money in the long term.

Can I transfer a balance from a different provider?

You should be able to transfer any credit card balances on to your new credit card. But it isn’t usually possible to transfer a card balance between two cards issued by the same bank or banking group.

How much can I transfer to a new credit card?

Most providers will let you transfer balances between £100 and £10,000 to a new card – at most, around 90% of your current credit limit.

Is a balance transfer card right for me?

If you have a balance on one or more credit cards that you can’t repay in full and you’re paying a high interest rate, then a balance transfer card could be right for you.

By taking out a 0% or low interest balance transfer card, you can shift the balance from the old card and pay down the debt faster. First check how much you will need to pay in fees. It’s usually between 1% and 3% of the transferred balance.

If you want to continue making purchases on your credit card, it might be better to apply for a combined purchase and balance transfer card instead.

How many times can I transfer a card balance?

There are no limits on how many times you can transfer a credit card balance from lender to lender. But remember your credit score can be negatively affected when you apply for credit, so if you make a lot of applications in a short space of time this could impact on your ability to get the best balance transfer deals.

How long does a balance transfer take?

An online balance transfer to a new card can usually be done within a few days. But transfer times will vary between providers due to their different procedures. In some cases it could take a couple of weeks.

Is it a good idea to transfer card balances?

There are lots of reasons why taking advantage of balance transfer offers and transferring credit card balances is a shrewd move. But it's only worthwhile if it helps you pay off your debt faster during the interest-free period, so you pay less overall – and provided you’ll still be saving money after any fee is paid.

If you need a credit card to continue spending, there are likely to be better alternative options.

What should I consider before getting a balance transfer card?

When weighing up whether a balance transfer card is right for you, we recommend you...

Ensure the savings in interest you'll make outweigh the fee
Are aware that the interest rate will rise steeply after the 0% period
Bear in mind that late or missed payments mean you could lose your 0% deal
Remember that you can't usually transfer balances between cards from the same provider

Am I eligible for a balance transfer card?

As a general rule, you'll need a high credit rating to be eligible for a balance transfer card. Our eligibility checker will show you your chances of being accepted for individual cards when you search.

Is it better to just pay off the card in full?

People generally look to switch to a balance transfer card because they do not have the money to pay off their credit card in full. If you can clear your balance in full, this is nearly always the preferred option because it will save you interest charges.

While balance transfer cards often offer 0% interest deals for a period – meaning you don’t have to clear your balance straight away, you will still face a one-off fee for transferring your debt onto the new card.

What happens if I’m unable to clear my balance?

Whilst you should aim to make the highest possible monthly payment, if you’re unable to clear your balance before the low or 0% introductory period ends on a balance transfer card, it is time to take action. Consider transferring your debt to a new balance transfer card or compare loan rates to see if you can find a competitive deal.

Because the standard interest rates on balance transfer credit cards can be high once the 0% period ends, it is unlikely that the best move is to do nothing.

How do credit limits work on balance transfer cards?

When transferring a balance, the credit limit on the new card may differ from your current one. Issuers set this limit based on your creditworthiness and financial profile. It's crucial to check that the new limit covers the amount you wish to transfer. If the credit limit is lower, you may not be able to transfer the entire balance, potentially leaving some debt on the original card.

What is the difference between a balance transfer and a money transfer card?

Balance transfer cards let you move credit card debt to a new card with a lower or 0% introductory APR, helping reduce interest payments and pay off balances faster. Money transfer cards, however, allow you to transfer funds directly into your bank account. This money can be used to pay off various debts, like overdrafts or personal loans, and also typically incur a fee.

In short, balance transfer cards are ideal for credit card debt consolidation, while money transfer cards offer flexibility for managing other types of debt.

Which lenders offer balance transfer cards?

We work with a wide range of credit card providers, Most of which offer balance transfer cards, including:

Balance transfer credit cards