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    The 0% fee 0% balance transfer credit card thread

    As I was looking for a good deal to transfer my credit card balance to an interest free offer, I thought I'd compile a list of the best deals on offer at the moment that someone else might be interested in.

    Halifax credit card offers a longest-ever 25 months at 0% with no balance transfer fee. However, there's a possibility you could be accepted but not get the headline deal – some accepted could get just 13 months.

    Need-to-knows
    You can't transfer from a Halifax card but you can from its sister firm, Bank of Scotland.
    You must balance transfer within the first 90 days from account opening, otherwise a 3% fee will be charged.
    After the 0%, it's 18.9% interest on any remaining transferred debt, but poorer credit scorers will get 21.9% or 25.9%.
    Always pay at least the minimum monthly repayment, or you'll lose the 0% deal.
    Don't spend/withdraw cash on this card. It usually isn't at the cheap rate and cash withdrawals hit your credit file.

    Tesco credit card gives the next longest 0% period with no balance transfer fee - exactly two years. If you're accepted, you'll definitely get the full 0% period, which may make it a better option than Halifax above.

    Need-to-knows
    You must balance transfer within the first 90 days to get the 0% offer.
    You can't transfer a balance from another Tesco credit card, or apply if you hold more than one Tesco credit card already.
    After the 0%, you'll pay 20.6% interest on any remaining transferred debt, but poorer credit scorers could pay up to 26.7%.
    Always pay at least the minimum monthly repayment, or you'll lose the 0% deal.
    Don't spend/withdraw cash on this card. It usually isn't at the cheap rate and cash withdrawals hit your credit file.

    Post Office credit card offers three months fewer at 0% with no balance transfer fee than the market leader above. It's still a good option, though, if you want to transfer a balance, and don't want to pay a fee.

    Need-to-knows
    You must balance transfer within the first 3 months from account opening to get the 0% offer.
    You’ll either get the whole 22 months or be rejected - the Post Office won't accept you then offer fewer months at 0%.
    You can’t transfer a balance from another Post Office card, or any card issued by the Bank of Ireland UK including AA cards.
    After the 0%, it’s 17.8% interest on any remaining transferred debt, though some poorer credit scorers will get 22.9%

    Other no balance, no transfer fee cards are:

    Who? 0% length APR:

    Sainsbury's 22mths 18.9%
    AA 22 mths 19.9%
    Barclaycard Up to 21 mths 18.9%
    Lloyds Up to 20 mths 18.9%
    RBS Up to 20 mths 18.9%
    Virgin Money 18mths 19.9%
    Santander 15 mths 18.9%

    3 Comments

    i know it isnt "no-fee" but I recently got an HSBC one. 32 months 0% (1.4%) which I thought was quite reasonable. they appear to be handing out rather large credit limits at the minute as well.

    in unsure why, but they never appeared on the MSE, moneysupermarket like sites, even though these site were actively promoting cards with shorter periods (and higher fees) as the market leading balance transfer cards...possibly HSBC dont pay commission?

    anyhow, just my tuppence worth...

    above should read *1.4% fee

    I just got a mbna visa platinum 0% for 32 months balance transfer need to be done in first few months.after this period 20% Apr.1.4% fee.
    Edited by: "iftymbe" 31st Aug 2016
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