Product focus: 0% balance transfer cards - Credit cards - News - Moneyfacts

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Product focus: 0% balance transfer cards

Product focus: 0% balance transfer cards

Category: Credit cards

Updated: 01/07/2011
First Published: 01/07/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The number of credit cards offering balance transfer periods of 13 months or more has risen considerably over recent years, suggesting a return to a competitive market.

There are currently 34 cards offering balance transfer periods of 13 months and over, compared to 13 two years ago.

Here is a selection of the current best balance transfer cards in the market.

Barclaycard Platinum Extended Balance Transfer VISA

  • This card offers customers 0% on balance transfers for 20 months.
  • The card has a representative APR of 17.5%. A 3.20% fee applies to transfers made within 60 days of opening an account.
  • Cardholders must have a minimum income of £20,000.

Virgin Money Credit Card Mastercard

  • This card offers an introductory 0% on balance transfers for 19 months.
  • The card has a representative APR of 16.8% and no minimum income is required.
  • A fee of 2.49% applies.

MBNA Europe Bank Platinum 19 Month VISA

  • As the name suggests, this card offers customers 0% on balance transfers for 19 months.
  • A 2.50% fee applies.
  • The card has a representative APR of 16.7% and there is no minimum income requirement for cardholders.

Find the Best 0% Balance Card Rates - Compare Credit Cards

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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