Existing Customer Transfer Offers

fergie_

What Money or Balance transfer offers are existing customers getting and where from?

I’m especially interested in the percentage fee. For example Lloyds are currently offering me 24m BT with 3% fee.

Isthisforreal99

Lloyds 0% over 18 months with 3% fee or no fee and 5.9% apr over 30 months.

flaneurs_lobster

Got these offers from BoS today

0% for 17mths or 29mths, 3.49% fee

First card has 0% on purchases for 17mths, second ditto for 6mths. Both 24.9%.

HillStreetBlues

Barclaycard 15m@3% HSBC 12m@3.49% Natwest 21m@2.9%

JGB1955

Halifax 30 months @ 5.9%

Barclaycard 16 months @ 3%

Tesco 3.99%

Nasqueron

There has been a recent post on this, it is largely irrelevant as what one gets is not what someone else will get

Barclays were giving me 6 months 0% £0 fee as a change from the usual 18-24 months 3%. Natwest were giving me 18 months 2.9% but then pulled it this month. HSBC consistent 15 months 3.5% fee.

fergie_

https://forums.moneysavingexpert.com/discussion/comment/82101993#Comment_82101993

Thanks to everyone who has commented so far.

It's very relevant as the comments show that the current 'norm' is around 3%, however there is an outlier with a 0% fee and and another with a 5.9% fee.

Isthisforreal99

https://forums.moneysavingexpert.com/discussion/comment/82102218#Comment_82102218

You are misreading,or it's been written poorly- it's 0% fee but 5.9% apr interest. No existing customer card offers 0% fee, 0% interest afaik,with 2.9% the current best. New customers may get no fee 0% though from certain providers.

fergie_

https://forums.moneysavingexpert.com/discussion/comment/82102266#Comment_82102266

Apologies, it was the Halifax one 1 I was referring to from JGB1955 - rather than the Lloyds group ones that offer no fee, but a standard APR of around 5.9%.

I can believe some lenders would offer higher transfer fees. For example, Tesco like to offer me a 4.99% BT fee.

surreysaver

M&S 15 months for 3.49%

Nationwide 18 months 2.49%

Nasqueron

https://forums.moneysavingexpert.com/discussion/comment/82102218#Comment_82102218

It's not relevant at all as that "norm" doesn't mean you will get that, what people get will be based on their history with that lender over time, plus their credit file and income. Barclays went through a period of giving me 2-3 year offers at a consistent 2.9%, they gave me a MT 18 month at 3.3%, then swapped to the 6 months 0% £0 fee deal for 2 months, now nothing even though my balance is down.

You can use it for your own entertainment purposes, but there is no "norm" as what I get and what surreysaver gets etc has no relation to what you will get. HSBC are offering 3.09% on a new card for 36 months but offer me 3.5% for 18 months in app. Tesco offer 36 months at 3.45% but offer me 12 months at 5%, I only keep the card open as I get YouGov points for it, ditto NatWest who were offering 18 months 2.9% last month (vs 3.1% 36 months new) and nothing this month