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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 It is now over 6 months old so the content may be out of date.

Michelle Monck

Michelle Monck

Consumer Finance Expert
Published: 29/05/2020

Those looking to switch a credit card balance will find fewer cards offering the best long term 0% transfer offers. Lloyds Bank, Halifax, Virgin Money and Sainsbury’s Bank have all cut the length of their balance transfer deals in recent weeks.
Virgin Money has made some of the steepest cuts to the balance transfer terms across three of its credit cards. The Virgin Money All Round Credit Cards at 20 and 23 months have reduced by five months, while the 0% Balance Transfer Credit Card at 24 months has reduced to 16 months. Virgin Money still has a 27 Month Balance Transfer Credit Card available with a low transfer fee of 1.45%.

Lloyds Bank and Halifax have reduced their credit 0% balance transfer offers by two months from 20 months to 18 months. Sainsbury Bank continues to be a consistent provider of long term 0% balance transfer deals, even after the Bank reduced its Balance Transfer Credit Card by two months to 26 months, and their Low Balance Transfer Fee Credit Card by one month to 25 months.
Those looking for a balance transfer card with zero fees to transfer can find the longest deal from Santander All in One Credit Card. This credit card offers a 0% balance transfer period of 26 months.

The longest balance transfer credit cards 29 May 2020


Transfer rate and period*

Transfer fee

TSB Platinum 30 Month Balance Transfer Mastercard

0% for 30 months


MBNA Limited Long 0% Balance Transfer Mastercard

0% for 29 months


NatWest Longer Balance Transfer Mastercard

0% for 28 months


*Periods are from date of card issue.

TSB’s Platinum 30 Month Balance Transfer Mastercard tops the chart with 0% interest for balance transfers for 30 months. This is the longest term available and comes with a transfer fee of 2.95% and an APR of 19.9% variable. There are no minimum income requirements, but application and management are online only for those aged 18 years or over.

Second in our charts is the MBNA’s Limited Long 0% Balance Transfer Mastercard. This offers a 0% interest period of 29 months – only a shade under the TSB’s 30-month offering – but benefits from a lower balance transfer fee of 2.75%. No balance transfers from existing MBNA cards are accepted and there is an APR of 20.93% variable per annum for purchases. Application and management are again online only for those aged 18 years or over and who earn a minimum of £14,000 per annum.

NatWest’s Longer Balance Transfer Credit Card Mastercard offers a 0% interest period for 28 months from the date of card issue but is restricted to existing customers only who are over 18 and have a minimum income of £10,000 per annum. Those who do qualify can take advantage of the 2.75% transfer rate with a representative rate of 19.9% APR variable.

Further offers are available on our 0% balance transfer credit card comparison table.


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. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

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