How do balance transfer deals work ? See how much you could save with our new Balance Transfer Calculator !

If you don't add to the balance on your card then it's quite easy to see how much you will save by using a 0% balance transfer credit card deal.

If you have a larger balance you can save some substantial amounts by switching to a 0% balance transfer credit card deal.

Example 1 : £7500 balance at an APR of 17.9% would save £1006.68 over 9 months in interest.
Example 2 : £7500 balance at an APR or 29.9% would save £1681.88 over 9 months in interest.
Example 3 : £10,000 balance at an APR of 14.9% would save £1117.75 over 9 months in interest.

It really depends what your interest rate is at present and the balance outstanding as to how much you could save.

Check out the balance transfer examples below to see how much you could save by using a 0% Balance Transfer

 

Balance Transfer Example

Balance : £2000

APR : 14.9%

Saving : £223.5

By using a 9 Month Deal
 

Balance Transfer Example

Balance £3000

APR : 17.9%

Saving : £402

By using a 9 Month Deal
 
 
   How much could you save ?
 
Balance
APR
Saving
 
             

Credit Cards to consider for Balance Transfer Deals

Virgin Credit Card, MBNA Credit Card, Marbles Credit Card, Sainsburys Credit Card.

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