If you\u2019re carrying credit card debt and think you could save money on interest by taking advantage of a balance transfer offer, HSBC should be one of the brands you consider. While these cards can offer a break from interest for a set period, they usually come with a balance tranbsfer fee. That fee\u2019s typically about 3% of the balance you\u2019re bringing across, so it can easily run into the hundreds.<\/p>
HSBC offers multiple balance transfer deals, ranging from ultra-long, table-topping 0% periods with bog standard balance transfers fees, through to shorter 0% periods with reduced balance transfer fees. The no-fee deals should always be your first port of call. If one of those can give you long enough to clear your debt, then it\u2019s likely to be your cheapest option.<\/p>