credit card icon

Balance Transfer Credit Card Calculator

 

Use our balance transfer calculator and find out how much you could save by switching to a 0% balance transfer credit card.

Just enter your outstanding credit card balance and the interest rate you are currently paying and see how much you could save.

Advertisement

Balance Transfer Credit Card Interest Calculator

Compare the best 0% balance transfer cards

Compare all the 0% balance transfer credit cards available in the UK right now. Compare key features of each credit card including:

  • Number of interest-free months
  • Balance transfer fee
  • Total interest costs for your outstanding balance
  • Time to payback your outstanding balance

You can also check your eligibility for a credit card with our partner Monevo.

 

How does a 0% balance transfer credit card work?

A 0% balance transfer credit card allows you to move the balance from one credit card to another, and pay no interest on the amount transferred for a specific number of months. Some cards will also include a 0% interest rate on transfers made to your bank account. You can then use this money to repay an overdraft or other debts. The 0% period for moving money from your 0% balance transfer card to your bank account may be different to the advertised rate for transfers from other credit cards.


If you have an outstanding credit card balance that is having interest added to it, then you could save money by switching this to a credit card with a 0% interest rate. You may be able to clear your debt and pay no interest at all if you pay off the balance before the zero interest rate ends. When you compare balance transfer credit cards on our charts we show you how long it will take to clear your credit card balance for every deal available in the UK.


There may be a fee to transfer money to your 0% balance transfer credit card. Take a look at our balance transfer charts to compare interest rates and fees.

Ready to find the best credit card deals?


Related credit card guides
guides icon
What happens to your debt after you die?

When someone dies, their estate should be used to pay off any outstanding debts, in a certain order of priority. Find out how to deal with debts after someone dies in our guide.

When someone dies, their estate should be used to pay off any outstanding debts, in a certain order of priority. Find out more in our guide.

Read More
guides icon
Should you take out a loan to pay off your credit card?

If you have debt on one or more credit cards, it may be worth considering taking out a personal loan to consolidate it. Find out more in our guide.

If you have debt on one or more credit cards, it may be worth considering taking out a personal loan to consolidate it.

Read More
guides icon
What are money transfer credit cards?

A money transfer credit card can be useful, but is it the best form of credit? We explain what a money transfer credit card is and what things to consider before applying.

A money transfer credit card can be useful, but is it the best form of credit? We explain what a money transfer credit card is and what things to consider.

Read More
guides icon
Guide to budgeting for Black Friday

Black Friday is one of the biggest shopping events of the year. Some deals on this day can save UK consumers a significant amount of money. We explain how to use this holiday to your advantage.

Black Friday is one of the biggest shopping events of the year. Our guide explains how you can plan and budget for it.

Read More
guides icon
Should I get a credit card?

If used wisely, credit cards can be a useful tool to help you manage your finances and boost your credit score. But is getting a credit card right for you?

Credit cards can be a great way to manage your finances, and if used wisely they can be a valuable addition to your credit mix.

Read More
guides icon
How to close your credit card account

There’s a lot to think about before cancelling a credit card, such as the impact on your credit score. Is closing a credit card right for you and how do you cancel it?

There’s a lot to think about before cancelling a credit card, such as the impact on your credit score. Is closing a credit card right for you?

Read More
guides icon
Reclaiming unfair credit card charges

Do you think you’ve been charged unfairly on your credit card? Discover what is classed as an unfair credit card charge and how to reclaim it.

Do you think you’ve been charged unfairly on your credit card? Discover what is classed as an unfair credit card charge and how to reclaim it.

Read More
guides icon
What is a credit card minimum payment?

The minimum payment on a credit card is the smallest amount that your card provider will accept as payment of your debt for that month. Read our guide to find out more.

The minimum payment on a credit card is the smallest amount that your card provider will accept as payment of your debt for that month. Read our guide for more

Read More