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Credit Cards - 0% on Balance Transfers

If you're looking for a credit card, your first stop is the Fool's Credit Card Comparison Centre. We've got all the information you need to compare credit cards and find top deals on the best credit cards. More info

A substandard credit card isn’t worth your time or money, but unfortunately, the market is flooded with them. If you’re not careful, your credit card could rip you off – but it doesn’t have to. All you need is some savvy advice on how to tell a worthy card from a waster.

Master your credit cards by making sure you’re getting a rate and features that suit your needs. High standard interest rates, obscene charges for cash withdrawals, and extra, hidden fees are just some of the card tricks you don’t want to fall for. Low minimum monthly repayments (MMRs) are another. If you don’t pay your card debt in full each month, steer clear of credit cards with an MMR of less than 2.5%. With most credit cards charging an interest rate of over 15½%, consistently paying the MMR can inflate a modest debt to gargantuan proportions and stretch it out over decades, leading to huge income for your credit card provider.

If there’s a chance you might have to pay the MMR once or, heaven forbid, more than once, you need a card with an MMR of 4% or 5% (generally the highest available). The easiest way to find these winning cards is through elimination: before you do anything else, get to know the UK’s most dangerous credit cards so you and your money can stay well away from them!

If you have a credit card balance and your credit score is strong enough, you’re wise to apply for a 0% balance transfer card. 0% credit cards are all about interest-free credit made easy. Short of paying your credit card balance off in full right now, transferring credit card debt to a 0% balance transfer card is the best way to whittle it down to nothing. Be warned, though: since first hitting the market on Christmas Day, 2000, 0% balance transfer deals have changed considerably. Don’t just hop onboard any 0% deal – learn the new rules for the 0% card game and make sure you and your balance ride with a winner.

A quality credit card is not enough to prevent you from needlessly bleeding money all over the place. There’s one (legal) scam that can crawl into your wallet on the back of any credit card: payment protection insurance, also known as card repayment protection. Without a doubt, payment protection insurance is a colossal waste of money, increasing the cost of your credit-card spending by an average of 9.15% each year, even if you pay your bill in full each month! If you’re paying for payment protection insurance, you’re giving your credit card permission to cheat on you… and you’re picking up the tab!

To find out more information visit our Credit Card notebook page. Hide info

Browse Credit Cards [hide]

Abbey

Allied Irish Bank (GB)

American Express

Bank of Ireland (UK)

Bank of Scotland

Barclaycard

Capital One Bank

Citi

Clydesdale Bank

Coutts & Co

Egg

First Direct

First Trust Bank (NI)

GE Capital Bank

GE Money

Halifax

HFC Bank

Hoare & Co

HSBC

Lloyds TSB

Marks & Spencer Money

MBNA Europe Bank

Nationwide BS

Northern Bank (NI)

Royal Bank of Scotland

Sainsbury's Bank

The Co-operative Bank

Ulster Bank (NI)

Vanquis Bank

Yorkshire Bank

 
Credit card companyBalance
transfers
rate and period		New
purchases
rate and period		Typical APRLoyalty scheme details More details
& apply
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Barclaycard Platinum with BT MasterCard/VisaBarclaycard Platinum with BT MasterCard/Visa0% PA for 14 months (2.9% fee)0% PA for 3 months Typical 14.9% APR (variable)Barclaycard deals available on flights, holidays, films, music, games, mobiles, computers and more.moreapply
Virgin Money Credit Card MasterCardVirgin Money Credit Card MasterCard0% PA for 15 months (2.98% fee)0% PA for 3 months Typical 15.9% APR (variable)Your Virgin Credit Card gives you instant discounts all over the shop. Get money off your holidays, wine, music, DVDs, car insurance... simply by paying with your Virgin Credit Card.moreapply
Egg VisaEgg Visa0% PA until 1st Aug 2009 (3% fee)0% PA for three months Typical 16.9% APR (variable)Anniversary Offer: 0% for five months on balance transfers made in May 2010 and May 2011 (2.5% fee).moreapply
MBNA Platinum Plus VisaMBNA Platinum Plus Visa0% PA until 1st Jun 2009 (2.9% fee)0% PA until 1st Aug 2008 Typical 15.9% APR (variable)N/Amoreapply
Capital One Bank Platinum MasterCardCapital One Bank Platinum MasterCard0% PA until 1st Mar 2009 (3% fee)0% PA until 1st Mar 2009 Typical 9.9% APR (variable)N/Amoreapply
Halifax All in One MasterCardHalifax All in One MasterCard0% PA for 10 months (3% fee)0% PA for 10 months Typical 15.9% APR (variable)N/Amoreapply
Bank of Scotland All in One MasterCardBank of Scotland All in One MasterCard0% PA for 10 months (3% fee)0% PA for 10 months Typical 15.9% APR (variable)N/Amoreapply
Alliance & Leicester MasterCard/VisaAlliance & Leicester MasterCard/Visa0% PA for 12 months (3% fee)0% PA for 3 months Typical 15.9% APR (variable)N/Amoreapply
bmibaby MasterCardbmibaby MasterCard0% PA for 12 months (3% fee)No introductory rate Typical 16.9% APR (variable)First free flight with £100 spend in first 90 days. Spend £3000 within 12 months for an additional free flight.moreapply
Barclaycard Platinum Cashback MasterCard/VisaBarclaycard Platinum Cashback MasterCard/Visa0% PA for 12 months (2.5% fee)No introductory rate Typical 15.9% APR (variable)4% Cashback until 31/07/08, 0.5% on Supermarket and Petrol spend until 01/01/2010.moreapply
Barclaycard Flexi-Rate Visa (Low Repayment)Barclaycard Flexi-Rate Visa (Low Repayment)0% PA for 12 months (2.9% fee)0% PA for 3 months Typical 14.9% APR (variable)N/Amoreapply
Citi Platinum 12 Month BT MasterCardCiti Platinum 12 Month BT MasterCard0% PA for 12 months (3% fee)0% PA for 3 months Typical 16.9% APR (variable)N/Amoreapply
MBNA Platinum Rewards VisaMBNA Platinum Rewards Visa0% PA until 1st Jun 2009 (2.9% fee)0% PA until 1st Aug 2008 Typical 15.9% APR (variable)The MBNA Platinum Rewards Card- Earn Points While You Shop For Vouchers, Holidays, Flights & Even Cash! Apply online Now!moreapply
Capital One Bank Platinum MasterCard Tier 2Capital One Bank Platinum MasterCard Tier 20% PA until 1st Mar 2009 (3% fee)0% PA until 1st Mar 2009 Typical 19.9% APR (variable)N/Amoreapply
Barclaycard Platinum Football MasterCardBarclaycard Platinum Football MasterCard0% PA for 12 months (2.5% fee)No introductory rate Typical 14.9% APR (variable)0% interest on football season tickets (purchases over £250).moreapply
Virgin Money Atlantic White AmexVirgin Money Atlantic White Amex0% PA for 6 months (2% fee)No introductory rate Typical 17.9% APR (variable)Flying Club Miles.moreapply
MBNA Business CardMBNA Business Card0% p.a.for 12 months (3% fee)0% for three monthsTypical 15.9% APR (variable)Business Cardapply

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