MBNA have now increased their credit card balance transfer fee to 3%. One of the last leaders in the credit card industry to reach the 3% mark. Virgin still offer 13 months at 0% with a fee of 2.98% (not much of a saving!) but most of the long 0% offers are now charging around 3% for balance transfers. The leading offer of the moment is the HSBC Credit Card offering 0% until April 2008 and only charging a fee of 2% for transfering your balance. If you are a ‘rate tart’ this is currently the card to consider!
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