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Top balance transfer cards

Top balance transfer cards
The market for balance transfer cards has become a fiercely fought battle ground for all the top providers which makes it very fertile ground for customers looking to move their balance. 
 
If you have a large balance on your credit card already, what you pay every month could simply be going towards covering the interest accrued each month. Switching to a market leading 0% balance transfer card could mean you stop paying interest on the balance you transfer for a while. Giving you a chance to start paying off the balance.
 
Barclaycard’s Platinum credit card with balance transfer is the longer 0% balance transfer on the market with a whole 2 years 2.8%BT fee applies before they will start charging interest on that balance but you will have to be quick, the 2 year offer will end on the 8th August 2011. For customers with a credit card balance of £3,000 might look to Halifax’s Balance transfer card with 0% for 20 months 3% BT fee applies. Finding the perfect credit card for your needs can be easy, start your search here 
 
Before switching your credit card make sure you check the terms, conditions and criteria for each card to make sure you stand a good chance of being eligible because applying for a card and being rejected could damage your credit rating. If you want to check your credit profile, take advantage of Credit Experts 30 day trial.
 

Moneyextra.com recommends you take independent financial advice before acting on any article

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2011-08-03 11:58:09 © Moneyextra.com

Moneyextra.com's Top Picks
Barclaycard - Platinum Credit Card with Balance Transfer

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
22 months
(2.9% fee)
0% for
3 months
17.9%
APR
  • Cash Advances - 27.9%
  • Free Purchase Protection
  • Max Purchase Protection: £5000

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.9% PA.

Details
Royal Bank of Scotland - Platinum MasterCard

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
22 months
(3.2% fee)
0% for
6 months
17.9%
APR
  • Intro Cash Advances 28.0% for Life
  • Internet Fraud Protection

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.9% PA.

Details
Halifax - Balance Transfer Credit Card MasterCard

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
22 months
(3.5% fee)
0% for
3 months
17.9%
APR
  • Intro Cash Advances 28.0% for Life
  • Internet Fraud Protection

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.95% PA.

0% for the first 22 months on balance transfers up to £3,000. You must have an annual income of £20,000 or more to apply

Details
Barclaycard - Platinum Balance Transfer Visa

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
21 months
(2.6% fee)
0% for
3 months
17.9%
APR
  • Cash Advances - 27.9%
  • Free Purchase Protection
  • Max Purchase Protection: £5000

Representative example: assumed borrowing of £1200, representative 17.9% APR (variable). Purchase rate 17.9% PA.

Details
Virgin Money - Credit Card MasterCard

Product

Balance Transfers

Purchases

Representative APR (Variable)

Benefits

0% for
20 months
(2.99% fee)
0% for
3 months
16.8%
APR
  • Intro Cash Advances 27.9% for Life
  • Internet Fraud Protection

Representative example: assumed borrowing of £1200, representative 16.8% APR (variable). Purchase rate 16.8% PA.

Details