What is a Balance Transfer?

Transferring balances has become a popular and easy way to consolidate multiple card balances in one place, while simultaneously making significant savings on interest payments.

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How can I protect myself when buying online?: As long as you have not been negligent, you're always fully protected against fraudulent charges when using the Internet to make purchases.
What is a credit report?: When you apply for credit, your credit history will be checked out before approving your application – and your credit card issuer will refer to one of the independent credit reference agencies.
Where can I pay my balance?: You can pay your balance in a variety of ways, choose whichever best suits you:
Can I use my card abroad?: Using a credit card abroad is an easy way to make purchases of any kind as it saves you from carrying large amounts of cash around.
My Credit Card is lost or stolen. What should I do?: If you cannot find your credit cards you need to report them as lost or stolen using the emergency number provided by your credit card issuer, this will be a 24 hour/365 days a year number. If you have more than one credit card you will need to ring all the separate companies.

You can transfer a balance onto your credit card from other credit cards or store cards at any time. This transferred balance will be treated separately to your purchase balance in terms of interest charged – though they will normally show as one whole amount on your credit card bill.

All you have to do is either complete a balance transfer form online, or call your credit card company - stating the account number you wish to transfer your balance from or to, and the amount of the balance you would like to transfer. The process is not immediate, and you need to allow up to a week for the transfer to go through.