Low Balance Transfer Fee Credit Cards

  • If you are transferring a large balance you could save money by choosing a card with a low transfer fee. Compare the balance transfer fees along with interest free periods in our table below.
  • There are 39 out of 82 cards matching this search.
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aqua Classic Credit Card
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  • 29.7% APR (Variable)
  • Start with a credit limit of £250-£1,200 and you could get an increase on your 4th statement
  • Free unlimited access to your credit report
  • Text reminders, so you need never miss a payment
Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 29.71% (variable), representative 29.7% APR (variable). Credit available subject to status.

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  • Santander All in One Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 41 months
    (0% fee)
  • New Purchases Offer
    0% Fixed
    For 6 months
  • Representative APR
    21.7% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Annual fee
      £36
    • Min Credit
      £500
    • Provider
      Santander

    Benefits

      • 0% on balance transfers for 41 months from date of account opening (0% fee applies).
      • 0% on purchases for 6 months from date of account opening.
      • 0.5% cashback on all of your purchases with no limits or caps.
      • No foreign transaction fee on purchases or cash withdrawals in the local currency when you're abroad.
      • Retailer Offers - get five welcome cashback offers ranging from 5% to 25% at a range of well-known major retailers once you switch on Retailer Offers via Online or Mobile Banking.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
      • The annual fee is broken down into monthly payments of £3.
    • Min Income
      £7,500
    • Min Age
      18
    • Visit Website
    • 0.5% cashback on all of your purchases with no limits or caps
    • Retailer Offers - get five welcome cashback offers ranging from 5% to 25% at a range of well-known major retailers once you switch on Retailer Offers via Online or Mobile Banking
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 15.9% (variable), with a £36 annual fee, representative 21.7% APR (variable). Credit available subject to status.

  • Halifax 26 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 26 months
    (0% fee)
  • New Purchases Offer
    0% Fixed
    For 6 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £500
    • Provider
      Halifax

    Benefits

      • 26 months at 0% for no fee on balances transferred within the first 90 days. After the initial 90 days the fee on balances transferred is 3%. Also 6 months at 0% on purchases.
      • Manage your card online using Online Banking and Mobile Banking service.
      • Fraud protection.
      • Faster payments to your card giving more flexibility and control.

    Before you Continue...

    • You must be at least 18 years old to apply.
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status.

  • Sainsbury's Bank No Balance Transfer Fee Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 25 months
    (0% fee)
  • New Purchases Offer
    No Introductory Rate
    No Intro Rate
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Provider
      Sainsbury's Bank

    Benefits

      • Interest rate and credit limit are subject to status.
      • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere.
      • If your application is approved you are guaranteed to get the 0% interest period advertised.
      • No annual fee.

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident.
      • You must not be an existing Sainsbury's Bank Credit Card customer.
      • 0% balance transfer fee applies on transfers made within your first 3 months. 3% afterwards (minimum £3).
    • Min Age
      18
    • Visit Website
    • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status. 0% balance transfer fee applies on transfers made within your first 3 months. 3% afterwards (minimum £3).

  • Barclaycard Platinum 24 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 24 months
    (0% fee)
  • New Purchases Offer
    0% Variable
    For 6 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £250
    • Provider
      Barclaycard

    Benefits

      • Barclaycard PayTag enabled - Use your mobile phone for contactless payments.
      • Contactless payment for items up to £30.
      • Instant online decision available.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.9% (variable), representative 18.9% APR (variable). Credit available subject to status. An initial 3.5% balance transfer fee applies with a refund within 60 days, so the effective fee is 0% (Terms and conditions apply).

  • Lloyds Bank Platinum 24 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 24 months
    (0% fee)
  • New Purchases Offer
    0% Fixed
    For 6 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £500
    • Provider
      Lloyds Bank

    Benefits

      • 24 months at 0% for no fee on balances transferred within the first 90 days. After the initial 90 days the fee on balances transferred is 3%. Also 6 months at 0% on purchases.
      • Manage your card online using Online Banking and Mobile Banking service.
      • Fraud protection.
      • Faster payments to your card giving more flexibility and control.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.94% (variable), representative 18.9% APR (variable). Credit available subject to status.

  • Bank of Scotland Platinum 24 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 24 months
    (0% fee)
  • New Purchases Offer
    0% Fixed
    For 6 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £500
    • Provider
      Bank of Scotland

    Benefits

      • 24 months at 0% for no fee on balances transferred within the first 90 days. After the initial 90 days the fee on balances transferred is 3%. Also 6 months at 0% on purchases.
      • Manage your card online using Online Banking and Mobile Banking service.
      • Fraud protection.
      • Faster payments to your card giving more flexibility and control.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status.

  • Virgin Money No Balance Transfer Fee Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 24 months
    (0% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    19.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

      • Contactless payment for items up to £30.
      • Choose from a range of different card designs.
    • Provider
      Virgin Money

    Benefits

      • 0% for 24 months on balance transfers, with no balance transfer fee, 0% for 24 months on money transfers, with a fee of 4%, 0% for 3 months on card purchases.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident and hold a UK bank/building society account.
      • You must have good credit history.
    • Min Age
      18
    • Visit Website
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 19.9% (variable), representative 19.9% APR (variable). Credit available subject to status.

  • Barclaycard Freedom Rewards Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 12 months
    (0.15% fee)
  • New Purchases Offer
    0% Fixed
    For 12 months
  • Representative APR
    21.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £250
    • Provider
      Barclaycard

    Benefits

      • Earn 1 Freedom point on everything home and abroad per £1 spent (non sterling transaction fee of 2.99% applies to foreign currency transactions).
      • Earn 2 Freedom points at all UK supermarkets, petrol stations and on Transport for London spend.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
    • Earn 1 Freedom point on everything home and abroad per £1 spent (non sterling transaction fee of 2.99% applies to foreign currency transactions)
    • Earn 2 Freedom points at all UK supermarkets, petrol stations and on Transport for London spend
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 21.9% (variable), representative 21.9% APR (variable). Credit available subject to status. A fee of 2.9% will be applied to your account at first, but you'll only pay 0.15% as Barclaycard will refund the difference.

  • Virgin 30 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 30 months
    (0.55% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    19.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

      • Contactless payment for items up to £30.
      • Choose from a range of different card designs.
    • Provider
      Virgin Money

    Benefits

      • 0% for 30 months on balance transfers, with a fee of 0.55%, 0% for 30 months on money transfers, with a fee of 4%, 0% for 3 months on card purchases.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident and hold a UK bank/building society account.
      • You must have good credit history.
    • Min Age
      18
    • Visit Website
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 19.9% (variable), representative 19.9% APR (variable). Credit available subject to status.

  • Barclaycard Platinum 32 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 32 months
    (0.6% fee)
  • New Purchases Offer
    0% Fixed
    For 6 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £250
    • Provider
      Barclaycard

    Benefits

      • Barclaycard PayTag enabled - Use your mobile phone for contactless payments.
      • Contactless payment for items up to £30.
      • Instant online decision available.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.9% (variable), representative 18.9% APR (variable). Credit available subject to status. A fee of 3.5% will be applied, then reduced to 0.60% by a refund. (Terms and conditions apply)

  • Virgin 32 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 32 months
    (0.6% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    19.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

      • Contactless payment for items up to £30.
      • Choose from a range of different card designs.
    • Provider
      Virgin Money

    Benefits

      • 0% for 32 months on balance transfers, with a fee of 0.60% (5% after introductory period), 0% for 32 months on money transfers, with a fee of 4% (5% after introductory period), 0% for 3 months on card purchases.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident and hold a UK bank/building society account.
      • You must have good credit history.
    • Min Age
      18
    • Visit Website
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 19.9% (variable), representative 19.9% APR (variable). Credit available subject to status.

  • Sainsbury's Bank Nectar 33 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 33 months
    (0.62% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Provider
      Sainsbury's Bank

    Benefits

      • Interest rate and credit limit are subject to status.
      • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017.
      • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere.
      • If your application is approved you are guaranteed to get the 0% interest period advertised.
      • No annual fee.

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident.
      • You must not be an existing Sainsbury's Bank Credit Card customer.
      • You'll need to enter your Nectar card number when you apply.
    • Min Age
      18
    • Visit Website
    • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017
    • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status. Nectar cardholder exclusive. You'll pay a 1.5% fee to transfer a balance to this card in the first 3 months. Sainsbury's will then refund 0.88% so the overall fee is 0.62%. 3% balance transfer fee afterwards (minimum £3 at all times).

  • Sainsbury's Bank 33 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 33 months
    (0.69% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Provider
      Sainsbury's Bank

    Benefits

      • Interest rate and credit limit are subject to status.
      • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017.
      • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere.
      • If your application is approved you are guaranteed to get the 0% interest period advertised.
      • No annual fee.

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident.
      • You must not be an existing Sainsbury's Bank Credit Card customer.
    • Min Age
      18
    • Visit Website
    • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017
    • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status. You'll pay a 1.5% fee to transfer a balance to this card in the first 3 months. Sainsbury's will then refund 0.81% so the overall fee is 0.69%. 3% balance transfer fee afterwards (minimum £3 at all times).

  • Halifax 32 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 32 months
    (0.7% fee)
  • New Purchases Offer
    0% Fixed
    For 12 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £500
    • Provider
      Halifax

    Benefits

      • You will be paid £20 cashback on your first balance transfer made within the first 90 days of account opening (Terms apply). Offer ends 31st March 2017.
      • 0% interest for 32 months on balances transferred within the first 90 days after your account is opened. 0.70% fee applies on each balance transfer. Also 12 months at 0% on purchases.
      • Manage your card online using Online Banking and Mobile Banking.
      • Fraud protection.
      • Faster payments to your card giving more flexibility and control.

    Before you Continue...

    • You must be at least 18 years old to apply.
    • You will be paid £20 cashback on your first balance transfer made within the first 90 days of account opening (Terms apply). Offer ends 31st March 2017
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status.

  • Bank of Scotland Platinum 32 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 32 months
    (0.8% fee)
  • New Purchases Offer
    0% Fixed
    For 12 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £500
    • Provider
      Bank of Scotland

    Benefits

      • You will be paid £20 cashback on your first balance transfer made within the first 90 days of account opening (Terms apply). Offer ends 31st March 2017.
      • 0% interest for 32 months on balances transferred within the first 90 days after your account is opened. 0.80% fee applies on each balance transfer,
      • also 12 months at 0% on purchases.
      • Manage your card online using Online Banking and Mobile Banking.
      • Fraud protection.
      • Faster payments to your card giving more flexibility and control.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
    • You will be paid £20 cashback on your first balance transfer made within the first 90 days of account opening (Terms apply). Offer ends 31st March 2017
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status.

  • Lloyds Bank Platinum 32 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 32 months
    (0.8% fee)
  • New Purchases Offer
    0% Fixed
    For 12 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £500
    • Provider
      Lloyds Bank

    Benefits

      • You will be paid £20 cashback on your first balance transfer made within the first 90 days of account opening (Terms apply). Offer ends 31st March 2017.
      • 0% interest for 32 months on balances transferred within the first 90 days after your account is opened. 0.80% fee applies on each balance transfer. Also 12 months at 0% on purchases.
      • Manage your card online using Online Banking and Mobile Banking service.
      • Fraud protection.
      • Faster payments to your card giving more flexibility and control.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
    • You will be paid £20 cashback on your first balance transfer made within the first 90 days of account opening (Terms apply). Offer ends 31st March 2017
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.94% (variable), representative 18.9% APR (variable). Credit available subject to status.

  • Barclaycard Platinum 37 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 37 months
    (1.4% fee)
  • New Purchases Offer
    0% Fixed
    For 6 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Min Credit
      £250
    • Provider
      Barclaycard

    Benefits

      • Barclaycard PayTag enabled - Use your mobile phone for contactless payments.
      • Contactless payment for items up to £30.
      • Instant online decision available.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.9% (variable), representative 18.9% APR (variable). Credit available subject to status. A fee of 3.5% will be applied, then reduced to 1.40% by a refund (Terms and conditions apply).

  • Sainsbury's Bank 35 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 35 months
    (1.5% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

    • Provider
      Sainsbury's Bank

    Benefits

      • Interest rate and credit limit are subject to status.
      • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017.
      • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere.
      • If your application is approved you are guaranteed to get the 0% interest period advertised.
      • No annual fee.

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident.
      • You must not be an existing Sainsbury's Bank Credit Card customer.
    • Min Age
      18
    • Visit Website
    • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017.
    • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status. You'll pay a 1.5% fee to transfer a balance to this card in the first 3 months. 3% balance transfer fee afterwards (minimum £3 at all times).

  • Sainsbury's Bank Nectar 40 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 40 months
    (1.78% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    18.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

      • Reduced Balance Transfer fee made by a partial refund of an initial 2.89% balance transfer fee. Terms and conditions apply.
    • Provider
      Sainsbury's Bank

    Benefits

      • Interest rate and credit limit are subject to status.
      • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017.
      • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere.
      • If your application is approved you are guaranteed to get the 0% interest period advertised.
      • No annual fee.

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident.
      • You must not be an existing Sainsbury's Bank Credit Card customer.
      • You'll need to enter your Nectar card number when you apply.
    • Min Age
      18
    • Visit Website
    • 5,000 bonus Nectar points - spend at least £250 in a Sainsbury's store in the first month from account opening. Ends 26th March 2017
    • 2 Nectar points per £1 spend on Sainsbury's shopping or fuel. 1 Nectar point per £5 spent elsewhere
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 18.95% (variable), representative 18.9% APR (variable). Credit available subject to status. Nectar cardholders only - You'll pay a 2.89% fee to transfer a balance to this card in the first 3 months. Sainsbury's will then refund 1.11%, so the overall fee is 1.78%. 3% balance transfer fee applies afterwards (minimum £3 at all times).

  • Virgin 40 Month Balance Transfer Credit Card

  • Balance Transfers Offer
    0% Fixed
    For 40 months
    (1.79% fee)
  • New Purchases Offer
    0% Fixed
    For 3 months
  • Representative APR
    20.9% APR
    (Variable)
  • More Info + Details
  • Additional Information

      • Contactless payment for items up to £30.
      • Choose from a range of different card designs.
    • Provider
      Virgin Money

    Benefits

      • 0% for 40 months on balance transfers, with a fee of 1.79%, 0% for 40 months on money transfers, with a fee of 3.89%, 0% for 3 months on card purchases.
    • Contactless Payment
      Contactless payment for items up to £30

    Before you Continue...

    • You must be at least 18 years old to apply.
      • You must be a UK resident and hold a UK bank/building society account.
      • You must have good credit history.
    • Min Age
      18
    • Visit Website
  • Representative Example: Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 20.9% (variable), representative 20.9% APR (variable). Credit available subject to status.

Low Transfer Fee

Have you got a large balance on your credit card that you're struggling to pay off thanks to hefty interest fees? You could be able to save money by transferring your balance to a card that offers a more attractive interest rate. Some low-interest cards even offer periods of 0% interest.

However, if you're looking to move your balance you need to find a provider with a low transfer fee. This will allow you to transfer your balance from an existing card to a different card for a small fee - usually between 1.5% and 2%. It's worth noting, however, that you will not be able to conduct a transfer if your existing card and future card are with the same provider.

What are the Different Types of Low Transfer Fee Cards?

Currently, there is a range of different low transfer fee and balance transfer cards available on the market that allow consumers to take advantage of more appealing interest rates. It is even possible to benefit from a 0% interest period on your balance depending on certain circumstances - so be sure to check the terms and conditions of each potential card. Remember, when looking for a low transfer fee, it's also important to consider the other perks that certain lenders may offer, as well as the interest rates you will face on your existing debt.

What Fees Should I Expect to Pay?

Though a low transfer fee card will offer you a lower transfer cost than other providers, you will still need to pay for your balance to be moved from one card to another. What's more, you may have to pay the same fees associated with other credit cards, including interest on the purchases that you make, and charges for missing repayments or using your card abroad.

Is a Low Fee Better than a Long Interest-Free Period?

The decision of whether a low transfer fee is more appealing than a long interest-free period on your balance transfer card will depend on your personal circumstances. For example, if you have a particularly large balance to transfer and repay, then a long interest-free period might help you to avoid extra interest costs in the future.

How Long Will My Transfer Take?

Once you've chosen a low transfer fee card with an attractive interest rate, your balance should be switched over within a few days. In some cases, it may take up to two weeks for a new card to be sent out to you, however, and the speed at which your transfer takes place may also depend on how quickly you pay the initial fees.

How Can I Pay Off My Debt After the Transfer?

Though switching to a low-interest credit card with a low transfer fee can help you to cut back on some of the costs associated with clearing your current balance, it's important to pay off your debt before the interest rate on your new card rises. For instance, if you're switching to a 0% interest card, that promotion will only last for a limited time before it raises to a standard level. A good option is to set up a direct debit calculated to clear your balance before the interest fee increases. Not only will you avoid extra costs, but you'll also reap the benefits and reassurance of never missing a payment!

What Will My Credit Limit Be?

Most providers state an 'assumed' credit limit when advertising cards. However, there is no guarantee that you will be offered this amount. Often, your provider will decide how much to lend you through an assessment of your credit history and application.

Will My Credit Record Matter?

Yes, the best deals on low-transfer credit cards are available to those with a strong credit record and a reliable source of income.

Helpful links for credit card issues

Money Advice Service - The government's Money Advice Service website provides concise, unbiased information on choosing and using credit cards as well as handy tools such as credit card calculators.

The UK Cards Association - The British trade association for card payment companies has an extensive range of guides on their website covering all the types of payment cards available to UK consumers including debt, credit and prepaid cards.

Financial Fraud Action (FFA) UK - The Financial Fraud Action website features important advice on using payment cards safely and securely as well as information on the latest scams.

Financial Ombudsman Service - If you've already made a complaint to your card provider and have not had your issue resolved satisfactorily then the next step is to take up your complaint with the Financial Ombudsman.

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