Best 0% Transfer Cards?

DestinyGamer

I have about £7000 on credit cards which I’d prefer to transfer to one 0% card. Is this possible?

[Deleted User]

If you get a high enough limit, yes.

Nasqueron

Depending on your current credit limits you may not get £7000 on a card but even if you only got say £3000 it still means you can hit the debt hard and clear it down while saving money.


I believe Barclaycard give decent balances, maybe others can suggest alternatives


If you are struggling to pay off the debt, I am guessing you have poor credit history and don't earn lots so trying the sub-prime lenders might also be a good idea

Anthorn

DestinyGamer wrote: »

I have about £7000 on credit cards which I’d prefer to transfer to one 0% card. Is this possible?

Whether you get enough limit to enable you to clear the card depends on your overall available credit and credit utilisation (how much of your available credit you are using) in relation to your annual income.

I like Barclaycard Platinum which comes in a couple of variations but the APR is a little high if you let a balance run beyond the 0% period. Overall, the Barclays blurb states a minimum income of £20,000 p.a. but take that with a pinch of salt. Do their eligibility check.

Craig1981

taking into account fees and balances etc, you are going to need a card with around 8k limit

a lot of cards do balance transfer offers - which one is right for you and the limit offered will depend on your circumstances

santander, post office, tesco, sainsburys, MBNA, barclaycard.... depends on what cards you already have