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Compare no fee balance transfer credit cards

No fee balance transfer cards

Switch your credit card debt to a 0% deal without paying a fee for it

No fee balance transfer credit cards

Fill out a few details to see our best no-fee balance transfer deals, tailored for you
Uswitch.com is rated Excellent | by 23,856 people
Last updated
February 9th, 2024
5 results found, sorted by popularity.
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Santander All in One Credit Card

Interest on balance transfers
0%for15months with no fee
Representative APR (variable)
29.8%APR
Balance transfer fee
No fee
Pay the balance over
19months with fees & interest of£39.30
Representative example:
The standard interest rate on purchases is 23.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 29.8% (variable). £3 monthly fee.
More Information
Additional information
  • 0.5% cashback (up to £10 a month) on all your purchases.
  • £3 monthly fee
  • 0% for 15 months on balance transfers
  • 0% for 15 months on purchases
Eligibility
  • be a permanent UK resident
  • be 18 or older
  • minimum income of £10,500
  • have a good credit rating
  • must not be an existing Santander balance transfer credit card customer
  • additional criteria for acceptance from the lender may apply

Barclaycard Platinum Balance Transfer (12 Mths)

Interest on balance transfers
0%for12months with no fee
Representative APR (variable)
24.9%APR
Balance transfer fee
No fee
Pay the balance over
20months with fees & interest of£85.56
Representative example:
The standard interest rate on purchases is 24.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 24.9% (variable).
More Information
Additional information
  • 3 months 0% on purchases
  • 12 months 0% balance transfer (0% transfer fee applies. Terms and conditions apply)
  • Earn up to 15% cashback automatically when you spend at a range of participating retailers with Barclaycard Cashback Rewards. This is a new benefit, available to all Barclaycard Visa credit card customers. T&Cs apply.
Eligibility
  • be a permanent UK resident
  • be 21 years or over
  • not have had any Individual Voluntary arrangements, County Court Judgements and must not have been declared bankrupt
  • not already hold a Barclaycard credit card
  • best suited to customers with an income of £20,000
  • additional criteria for acceptance from the lender may apply

Lloyds Bank Credit Card

Interest on balance transfers
12.94%p.a. variable with no fee
Representative APR (variable)
12.9%APR
Balance transfer fee
No fee
Pay the balance over
21months with fees & interest of£346.28
Representative example:
The standard interest rate on purchases is 12.94% p.a. (variable), so if you borrow £1,200 the Representative APR will be 12.9% (variable).
More Information
Additional information
  • 0% balance transfer fee within the first 90 days of account opening, 5% thereafter
  • You may be eligible to apply for this as a second credit card. Terms apply
  • No Foreign Exchange fees for the first 60 months of account opening.
Eligibility
  • be a permanent UK resident
  • be 18 or older
  • have a good credit rating
  • not been declined a Lloyds Bank credit card within the last 30 days
  • can't transfer from another Lloyds Bank account
  • additional criteria for acceptance from the lender may apply

Lloyds Credit Card

Interest on balance transfers
10.94%p.a. variable with no fee
Representative APR (variable)
10.9%APR
Balance transfer fee
No fee
Pay the balance over
21months with fees & interest of£289.07
Representative example:
The standard interest rate on purchases is 10.94% p.a. (variable), so if you borrow £1,200 the Representative APR will be 10.9% (variable).
More Information
Additional information
  • You may be eligible to apply for this as a second credit card. Terms apply
  • No Foreign Exchange fees for the first 60 months of account opening.
  • 0% balance transfer fee within the first 90 days of account opening. 5% thereafter.
Eligibility
  • be a permanent UK resident
  • be 18 or older
  • have a good credit rating
  • not been declined a Lloyds Bank credit card within the last 30 days
  • can't transfer from another Lloyds Bank account
  • additional criteria for acceptance from the lender may apply

Barclaycard Platinum Balance Transfer (12 Mths) - Excl

Interest on balance transfers
0%for12months with no fee
Representative APR (variable)
31.9%APR
Balance transfer fee
No fee
Pay the balance over
20months with fees & interest of£109.33
Representative example:
The standard interest rate on purchases is 31.9% p.a. (variable), so if you borrow £1,200 the Representative APR will be 31.9% (variable).
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 are 0% fee balance transfer cards?

A man is sitting in a cafe with his laptop and paying for his coffee with a credit card

These are cards that allow you to transfer an existing credit card debt to a new card, without being charged the usual upfront transfer fees.

Typically, balance transfer fees are between 1% and 4%.

If you move to a card charging 0% interest or low interest on balance transfers, this could save you a lot of money.

No-fee balance transfer cards typically have shorter 0% interest periods than ones that do charge.

To get the best deals you will need to have a good credit score.

No-fee balance transfer cards are perfect for people with smaller debts looking to save on interest."

How do no-fee balance transfer cards work?

Balance transfer credit cards with zero fees work just the same as any other balance transfer credit card, just they don’t charge an upfront fee to transfer your balance.

A balance transfer card allows you to move credit card debts from other cards to your new one.

Many typically offer a 0% interest period so you can avoid paying interest on your card debts for a set period of time that can be 12 months or more.

% of cards charging people interest on balances[1]
51.3%

Watch: What will a credit card cost me?

Advantages and disadvantages of no-fee balance transfer credit cards

Advantages

You can save money on interest
You could clear your debt faster
It's free to make the switch

Disadvantages

Typically shorter 0% interest periods than fee-charging deals
You'll need a good credit score to get the best deals
A potentially higher interest rate on any purchases made with the card
Average 0% interest free periods on UK credit cards
How many months of 0% interest different types of credit cards are offering on average.

Source: Defaqto and Uswitch data, correct as of December 19, 2022

How to find a no-fee balance transfer credit card

You can see some of our best no-fee balance transfer cards in the table at the top of this page.

Filter the tables by ‘transfer fee’ to find the balance transfer cards that charge zero for upfront transfer fees. If you go through our card-finder tool there might also be more results available, depending on your credit score.

Also, it is worth understanding the difference between initial and effective fees.

Many cards charge an initial upfront fee that is refunded once you make your first repayment, the fee after the refund is the effective fee.

Some cards may have an effective fee of 0% but will charge an initial fee, so it’s worth checking out the small print and comparing carefully.

Try to calculate what the overall cost might be to pay off the balance you are transferring, to find the best deal."

Compare no-fee balance transfer cards

See what's available and check your eligibility before applying with our card finder tool
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Answer a few simple questions about yourself
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We match you with the no balance transfer fee credit cards you're most likely to get
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Your credit score won't be affected by the search

No balance transfer fee credit card FAQs

Do balance transfers hurt your credit score?

No. The act of transferring a balance to a new credit card doesn’t damage your credit score.

However, there are two things that might negatively affect your credit worthiness if you're not careful.

Firstly, applying for a new credit card is always recorded on your credit history. This means that if you have an application rejected, or there are multiple applications over a short period of time, other lenders might be nervous.

However, card finder and eligibility checker tools don’t show up on your credit score, so it makes sense to use one to ensure you only apply for cards you’ll qualify for.

Secondly, lenders look at something called your "total available credit" before making a decision. This is worked out by adding up all your credit card and overdraft limits.

A new card adds to this total, but unless you've already got a large number of cards with high credit limits - for example equal to your annual salary – it’s unlikely to be a problem.

Is interest free credit really interest free?

Yes, but that doesn't mean you'll pay nothing to borrow.

First, there may be a fee attached to a credit card balance transfer or money transfer.

Secondly, if you don't clear your debt within the 0% period you'll be charged interest on any money remaining on the account at the end of it.

Can I get a balance transfer credit card with bad credit?

Your options for balance transfer credit cards will be limited if you have bad credit. Most credit cards transfer deals will only accept people with a good or excellent credit rating.

You might have a higher chance of being approved for a credit card for bad credit.

How Uswitch compares credit cards

What does ‘most popular’ and ‘popularity’ mean?

When we use the term ‘most popular or ‘popularity’ 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 30 days.

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.

Does Uswitch compare all the credit cards on the market?

We compare over 100 credit cards from all of the major banks and credit card providers.

However, we do not compare all the credit cards that are available in the UK.

This is because some credit card providers have offers that are only available exclusively through their own website or branch, or through other comparison websites - in the same way some credit cards are exclusively available through Uswitch.

There are also many credit cards that are only available to people in member organisations and clubs.

Credit card guides

Find out more about how credit cards work with our in-depth guides
How many credit cards can you have?
How many credit cards can you have?
How to use a credit card
How to use a credit card
What are the differences between credit and debit card?
What are the differences between credit and debit card?

About the author

James Andrews
James has spent the past 20 years writing about and editing personal finance articles and guides in the UK. His driving mission has been to help people make better decisions with their money.

Customer Reviews

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References