Low minimum payment on % balance transfer cc

Crispl0ver

Hi
0% Balance transfer deal coming to an end & looking for new one but how can I tell what % the new cards minimum monthly payment will be without contacting each card provider?
Any deals out there with a low % minimum payment?
TIA

eskbanker

Not aware of any comparison sites that allow filtering by monthly repayment, but you don't actually need to contact providers as such, you can just read the data shown at sites like https://moneyfactscompare.co.uk/credit-cards/balance-transfer-credit-cards/

However, if you're concerned about size of monthly repayments, that might indicate affordability issues and so the best starting point would probably be one of the eligibility checkers: https://www.moneysavingexpert.com/eligibility/credit-cards/search/?goal=CC_BALTRANSFERV2

Brie

My Santander and MBNA cards were going for 1% whereas M&S and Barclaycard were 2.5%.

And adding on from what eskbanker has said if affordability is an issue perhaps you need to get some help with your budget and see what can be streamlined so you are sailing too close to the wind.  Best thing is to go to the debt free wannabe board and look for the  statement of accounts (SOA) on one of the top stickies.  Complete that and post it on that board and people will give you helpful advice.  

Nasqueron

Brie said:

My Santander and MBNA cards were going for 1% whereas M&S and Barclaycard were 2.5%.

And adding on from what eskbanker has said if affordability is an issue perhaps you need to get some help with your budget and see what can be streamlined so you are sailing too close to the wind.  Best thing is to go to the debt free wannabe board and look for the  statement of accounts (SOA) on one of the top stickies.  Complete that and post it on that board and people will give you helpful advice.  

They seem to vary, Barclays dropped to 1% for some people - mine is for example

CliveOfIndia

You could try looking at the T&Cs on each individual lender's website, that should give you a good idea of what their standard minimum payment is.

But I have to agree with previous comments - if you're looking for the lowest minimum payment because you're struggling with repayments, it would be prudent to re-examine your overall budget.  Yes, switching to another 0% deal will give you another year or whatever of breathing space, but only paying the minimum will not make much of a dent in your debt - and there will come a time when you're unable to get another 0% deal.

If, on the other hand, you're just looking to maximise your "stoozing" pot by getting the lowest possible payment on a 0% deal then fine, no problem at all.

grumpy_codger

https://moneyfactscompare.co.uk/credit-cards/balance-transfer-credit-cards/ shows it, but you have to click View Further Details for each card listed there.

Crispl0ver

Thanks all. That link is very helpful. Try to pay a bit more each month but not always possible.