No balance transfer fee
No annual fee
If you’re struggling to pay off an existing credit card debt, you could move your debt to a card with a long-term balance transfer offer. Then you can repay your credit card with no interest for up to 28 months.
Before you get started, you can use this guide to compare credit cards with a long interest-free balance transfer and discover the features you should consider before you apply.
A long term balance transfer credit card offers a 0% interest rate on balance transfers for up to 28 months. Some other cards may charge no interest for only 6 to 18 months.
Cards with a long interest-free balance transfer deal are designed to help cardholders who have a high outstanding balance or want more time to repay their debt without interest. At the end of the promotional period, any remaining debt will incur a higher rate, so you’ll need to pay off the balance before then to avoid it.
Be aware that making a long term balance transfer doesn’t mean you can take a break from payments. Ensure you make the minimum monthly payment by the due date on your statement.
Before you apply for a card with a long balance transfer deal, there are some factors to consider – we’ve set them out below.
A long term balance transfer credit card can help you get your debt under control without the additional cost of interest. However, it’s important that you plan ahead to ensure you can pay off your debt in full before the standard APR applies to get the most out of your 0% balance transfer card.
Want to know more? Check out our guide to 0% balance transfer credit cards.
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