0% HSBC Balance Transfer Card

biged670

Hi all,

I've noticed an offer this morning from HSBC offering a 0% balance transfer for 32 months. The fee is 1.4% but then this is reduced to 0.75% due to a refund within 60 days. The balance needs to be transferred in 60 days but it doesn't mention anything further about transfers after that initial 60 days.

Does anybody have one of these cards? If so, do they continue to send offers for 0% transfers after the initial period?

Any feedback is welcome...

Thanks

bigadaj

You are presumably asking whether if you don't take this offer up now, will it be available in the future.

In all likelihood a similar offer will be available in future months, it may not be exactly the same, fee might be slightly higher or lower, length of offer may also be shorter or longer.

Basically no guarantees but something is likely to be available in future.

biged670

No sorry... what I was asking was if I take this card out and transfer a balance from an existing card within the initial 60 days, Am I then able to transfer additional balances to the 0% card in the future if I wanted to. Or, is it a case once you have transferred your original balance there will be no other balance transfers at 0% unless they do an 'offer'

MallyGirl

you can transfer other balances later - but they won't be at 0% if after the 60 day window. You would have to wait for them to offer you another deal - Barclaycard regularly offer new deals, I don't know about HSBC as I don't have that one

biged670

MallyGirl wrote: »

you can transfer other balances later - but they won't be at 0% if after the 60 day window. You would have to wait for them to offer you another deal - Barclaycard regularly offer new deals, I don't know about HSBC as I don't have that one

Thanks for your reply... thats exactly as I had assumed.

Marcio45

I am an existing hsbc credit card and evey few months they have been offering balance transfer deals but not as good as the intial one. At the moment there is an offer for 20 months bt at 0% with a fee of 3%.
This is something new for hsbc as they didnt use to offer bt deals for existing costumers.

biged670

Marcio45 wrote: »

I am an existing hsbc credit card and evey few months they have been offering balance transfer deals but not as good as the intial one. At the moment there is an offer for 20 months bt at 0% with a fee of 3%.
This is something new for hsbc as they didnt use to offer bt deals for existing costumers.

Thanks for your input