A UK Personal Finance Blog – The result of direct exposure to the fallout of the financial crisis.


Balance Transfer Fees


Find in Credit Cards April 14th, 2007 - 892 views

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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Any information shared on UKMoneyPot does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser.