Natwest or Lloyds Balance Transfer

ccdorset

Hello,

My 0% promotional rate is coming to an end with Barclaycard and I currently have £2050 outstanding.

I'm looking for another 0% balance transfer card, ideally with no fee.

I've done a pre-eligibility check with Lloyds and Natwest.

The Lloyds one has come back saying I'm pre-approved for a card with a 5K limit - 0% for 15 months with no fee.

The Natwest one has come back saying I am 70% likely to be accepted for their card, which is 0% for 20 months with No fee.

Does anyone have any recommendations on which one to go for? I am guessing if I can pay the balance off within 15 months then I may as well go for the Lloyds one, as it is pre-approved, rather than taking the risk of a decline with Natwest?

Thanks :-)

battyboimatt

Well personally I would take the pre-approved option, I mean if you go for the 70% choice and they decline you, that will leave a hard search which may then affect the pre-approved offer, then again it may not. But personally why take a risk when you have a pre-approved offer with only a difference of 5 months between the 2

[Deleted User]

Neither are great long term cards, so I would go with Lloyds.

ccdorset

Thanks for your replies.

Think I will go with Lloyds then, I guess it makes sense if I can pay it off within the 15 months anyway.