logo-rebrandphone Skip to main content

0% balance transfer and purchase cards

Some credit cards offer at least 12 months 0% interest period in more than one area - combining 0% offers for purchases, balance or money transfers. Use the Uswitch credit cards comparison table, with multiple 0% interest offers below.

What type of credit card are you looking for?

Check your eligibility for credit cards

  • 1Improve your chances of being accepted
  • 2It won't affect your credit score
  • 3It's quick, free and easy
56 results found, sorted by longest balance transfer period.
Sort

Uswitch Limited is a credit broker, not a lender, for consumer credit.

Our services are provided at no cost to you. We may receive a commission from the companies we refer you to, but this does not affect what you will pay for the product you choose.

What is a balance transfer and purchase credit card?

Balance transfer and purchase credit cards let you transfer your balance from another credit card, and make new purchases using a single credit card.

This is often useful if you want to track your debt and manage your spending.

How does the balance transfer period work?

A 0% interest period for balance transfers is a set amount of time. Typical 0% interest free balance transfer periods are 18 months, 21 months and 24 months. The best 0% interest free balance transfer period deals are longer and can go up to 29 months.

During that time you will not be charged interest on the debt you transferred from your old card to your new credit card, though you may be charged a fee up to 5% to complete the transfer.

You will need to pay the minimum repayments on the 0% balance transfer card. But you should aim to make repayments that are enough to pay off the balance in full before the 0% offer ends. You will be charged interest on any remaining balance, which is often much higher than on standard credit cards.

How does the purchase period work?

A 0% interest period for purchases is a set period of time when you won’t be charged any interest on new purchases made with your credit card.

Aim to pay off your credit card during the 0% purchase period. Or you will be charged interest on any outstanding balance when the 0% purchase period ends.

A 0% purchase period is different to a 0% balance transfer period. The 0% purchase period only lets you buy things with your credit card at no interest. A combo credit card may give you different time periods for 0% balance transfers and 0% purchases. Keep an eye on when each one ends.

Aim to have paid off what you owe on your low interest rate credit card before each of the 0% interest rate periods ends. Find out more about how to calculate your interest here.

How to get the cheapest balance transfer credit cards and purchase credit cards

In order to find the best offers the simplest place to start is by comparing as many deals as possible. At the same time it’s important to keep in mind there is no one best deal. The best deal for you is one that offers the longest interest free period on both balance transfers and purchases, but also covers your individual needs.

Shopping around and comparing credit cards is the best way to find the best deals. Look for 0% interest rate credit cards with long interest free periods and the lowest balance transfer fees. The best deals offer 0% interest rates on balance transfers and 0% purchase deals for up to around 28 months.

However, be aware that often a single credit card can offer differing interest free periods on balance transfers and purchases.

For example, a credit card may offer 12 months 0% on interest on old balances transferred to the card, but 24 months on new purchases.

Understanding balance transfer and purchase card fees and charges

The cost to you of a credit card is the APR, or annual percentage rate. This is the number you should look out for when using credit card comparison websites.

Costs included in the APR are the interest rate you will pay the lender for balance transfers and purchases on your credit card, and any extra fees. You pay all these charges as part of your monthly repayments. During 0% interest free balance transfer periods and 0% purchase periods you don’t pay any interest. You can read more about how APR works here.

Use the APR number when you compare balance transfer and purchase credit cards. Get the cheapest balance transfer credit card deal and the best purchase credit card offers by choosing a low APR credit card or 0% interest rate credit card.

Does 'representative' APR mean I won’t get the best combo credit card deals?

When you compare balance transfer credit cards and purchase credit cards, you will see a ‘representative’ APR.

This is the APR (or lower) that at least 51% of a lender’s customers will pay when taking out the credit card advertised. You may not get the APR on offer.

How much a credit card company will charge you for a combo credit card will depend on your personal circumstances. Your credit history will affect how long a credit card company will give you a 0% interest free period on balance transfers and purchases.

Shop around using credit card comparison sites to get the best credit card deals.

Before you apply for a combo credit card, use a credit card comparison site with a ‘soft credit check’. This lets you see how likely it is you will be accepted. This ‘soft credit check’ can cut the number of marks on your credit file, making it more likely you will be offered credit cards in the future.

Mistakes to avoid with 0% interest balance transfer and purchase cards

To get the most out of a 0% interest period? Here are some things to watch out for:

Forgetting about the revert rate: At the end of the introductory promotional period, the 0% interest rate will revert to the standard purchase rate, which is usually between 10 and 35%, but can be higher. Consider the standard interest rate before applying for the card so you understand how your debt will grow if you fail to repay your balance before the interest free period ends.

Only making the minimum repayment: Most credit card providers expect you to make a minimum monthly repayment towards your balance. This is usually around 3% of your balance.

However, if you only make the minimum amount each month, you’ll be unable to repay your entire balance before the 0% offer finishes. This means you’ll end up being charged the revert rate on your remaining balance, which will make it much harder to pay it off.

Not taking advantage of the entire offer period: The 0% offer is available as soon as your card is approved, not from when you make your first purchase. So if your card offers a 0% offer for six months but you don’t make a purchase or any repayments for the first month, you’ll only have five more months to make repayments without incurring interest. If you have a big purchase in mind, make it as soon as possible and start making repayments immediately to get maximum value out of the offer length.

When we use the term ‘most popular’ on Uswitch in reference to credit cards, these cards are ranked by the number of clicks they have received on the site in the past 48 hours.

The most clicked on cards are at the top, with the least at the bottom. This reflects how popular they are with visitors to Uswitch.com. Consequently, this is a good table to look at if you’re interested in seeing which cards most people think are worth getting.

Credit card fraud: the biggest card frauds in history

How to pay off credit card debt

A step-by-step approach to pay back credit card debt, rebuild your credit score and regain your financial health.

Check your eligibility for credit cards and credit reports, cash coin purse

How to use a credit card abroad

While convenient, using your credit card overseas can quickly lead to fees which can make your trip abroad more expensive. These tips can keep costs down.

What is a credit card?

What is a credit card?

Similar to a loan, a credit card provides you with an amount of credit agreed by you and your bank, for you to spend. Read our guide to learn how a credit card differs from a loan, and how to responsibly use one.

How many credit cards can you have?

How Many Credit Cards Should You Have?

If you are trying to manage your finances and utilise available credit, you might be wondering "how many credit cards should I have?" Our guide explains the pros and cons of owning multiple credit cards.

Contactless payment card, with hand holding credit card ready to pay at cafe coffee shop

Premium credit cards

Having a premium card can be a powerful status symbol, coming with extensive benefits for cardholders to enjoy. We explore whether it's worth getting a premium credit card if you're eligible.

Section 75 - What is credit card protection?

Section 75 - What is credit card protection?

Using a credit card can offers great benefits. A key perk of owning a credit card is the protection you're given with Section 75.

How to get the best exchange rate? Credit cards vs cash

How to Find the Best Card for Travel Abroad

Credit cards are convenient for making travel arrangements, and can also allow you a little more spending leeway when you are on holiday

Can you use a money transfer credit cards as an interest-free cash loan?

Understanding the credit card summary box

Credit card comparison tables can be quite tricky, so it's worth knowing how to read the credit card summary box to decode the legal jargon.

Credit card fraud: the biggest card frauds in history

Credit Card Application - Discover How Long it Will Take

Credit card applications can take a long time. Find out how long it will take to apply be accepted and receive a new credit card with our useful guide

Credit card glossary A-Z

Credit Limit - How to Increase the Amount I Can Borrow

Credit limits can restrict the amount of money you can borrow on a credit card or overdraft, but there are ways to increase it if you need some extra cash

Check your eligibility for credit cards and credit reports, cash coin purse

10 tips for getting out of debt

Getting into unsustainable debt is frighteningly easy - a few months of irresponsible spending can land you with a debt that could take years to pay back.

Debt advice companies and charities

Free debt advice companies and charities

Check our list of organisations, including debt charities in the UK, companies and government bodies that can help you take control of your debt.

Seven steps to get out of debt

How To Take Action on Debt

We speak to David Rodger, Managing Director of debt advice charity, Debt Advice Foundation about the importance of facing up to your financial problems.

Seven steps to get out of debt

Debt Management Plans | Debt management services and help

Debt Management Plans are one way to get free of debt. This Uswitch guide explores the benefits and drawbacks of debt management services.

Debt consolidation loans explained

Debt Consolidation Loans | Learn About Consolidating Debt

Debt consolidation loans could help you to get in control of your debt by combining all your debts into one. But consolidating debt isn't right for everyone

Seven steps to get out of debt

IVA debt advice - Individual voluntary arrangement and debt tips

An Individual Voluntary Arrangement (IVA) is an alternative to bankruptcy as a debt management solution. But what is an IVA and how do they work?

Seven steps to get out of debt

Help with debt: Find out how to get out of debt | Uswitch guides

Find out how to get out of debt and read about debt solutions with this Uswitch guide to debt management help.

Seven steps to get out of debt

Debt Relief Orders: What is a DRO and Who Can Get One?

A Debt Relief Order (DRO) is an alternative to bankruptcy for people on a low income and with few assets. Find out if a DRO is right for you at Uswitch.com

Seven steps to get out of debt

Debt Questions and Answers | Find debt help with our Q&A

Are you liable for your partner's debts? Which debts should you pay off first? What action can your creditors take against you? Get these answers and more.

Eight tips for dealing with debt stress

Dealing with debt | How to deal with debt stress and anxiety

Coping with debt is tough, but you're not alone - get advice on coping with debt stress and depression from Uswitch today.