Balance Transfer Credit Card

This one’s for paying off other balances

Representative 40.9% APR (variable)

Your APR, credit limit and promo offer may vary based on your circumstances. Balance transfers must be made within 60 days of account opening to benefit from the 0% offer – see the summary box for more info.

To understand how we use your personal information, see our privacy notice.

The minimum amount you can transfer to your Vanquis card is £100. The maximum is 90% of your credit card limit. For example, if your limit is £1000, you can move up to £900. If there’s a 4.5% transfer fee and you transfer £900, a £40.50 fee will be added to your balance.

That colour looks great on you

Vanquis credit cards come in a range of different colours.

You’ll be able to choose your card colour once your application has been accepted.

Vanquis has your back with cashback rewards

As part of Vanquis Rewards, you can earn cashback when you spend at participating retailers using your linked Vanquis Credit Card. It’s a great little bonus when you shop.

How does this balance transfer card work?

  • Transfer balances from one or more credit cards
  • 0% interest period on balance transfers
  • Could help you clear your balance faster and pay less interest if you don’t miss payments

There’s a balance transfer fee of 4.5% of the total amount you’re moving. This will be added to your balance when you make the transfer.

Why use a balance transfer credit card?

Reduce interest costs

Reduce interest costs

You can save money by transferring existing balances from interest-charging credit cards to a new card with a 0% interest balance transfer offer.

Simplify your payments

Simplify your payments

You can consolidate multiple credit card balances into a balance transfer credit card, creating one repayment. This can make it easier for you to manage your debt and reduce the risk of missed payments.

Credit card debt consolidation

Credit card debt consolidation

By taking advantage of a 0% interest period on a balance transfer credit card, you can focus on paying off your original balance quicker. As a result, this can help you improve your overall financial health.

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Am I eligible for a Balance Transfer Credit Card?

Check your eligibility with no impact on your credit score.

You can apply if you:

  • Are 18 or over
  • Have a regular income
  • Are a permanent UK resident

When you apply, you’ll need:

  • Your address history for the last 3 years
  • Your bank details
  • Details of your income and monthly outgoings

You’re not eligible if you’re currently bankrupt, have an active IVA, already hold a card or application with us, or have been declined in the last 6 months.

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Why choose Vanquis for a balance transfer credit card?

We're the bank that's got your back.

We offer balance transfer credit cards to a wider range of customers than many high street banks.

Your credit limit is personalised to your circumstances. A lower starting credit limit can help you build confidence in managing credit so you can improve your credit history over time.

Our eligibility checks give you confidence you’ll only be accepted for a balance transfer credit card if you can afford the repayments and the APR is right for you.

All our credit cards are easy to apply for and simple to manage through our app.

We've helped over 5 million people and we're ready to help you.

Check out our Trustpilot reviews to read what our customers say. Why not join them and apply online for a balance transfer credit card today?

Representative 40.9% APR (variable)

Frequently asked questions

Does a balance transfer affect my credit score?

Yes, it can. Applying for a balance transfer credit card usually involves a credit check, which may temporarily lower your credit score. But, managing the account responsibly and making payments on time could help improve your score in the long run.

A zero-interest balance transfer credit card offers 0% interest on your debt repayments once they’ve all been consolidated onto one card. Transfer amounts depend on your credit limit and are usually limited to a set percentage.

Typically, the 0% interest on these cards only lasts for a limited time. So, those looking into balance transfer credit cards must understand when this period will end and plan accordingly to avoid facing further repayments.

When the 0% period ends, interest will start building on any remaining balance at your standard APR. Paying off the balance before the offer ends can help you stay in control of your debt and avoid interest charges.

  • A credit card with a 0% purchase offer for a set period could help you spread the cost of larger purchases
  • For example, if you bought a holiday for £500 during the interest-free period, your balance would start at £500 and reduce as you make your minimum monthly payments
  • This could help you pay less interest compared to using a standard credit card that doesn’t offer a 0% purchase period

With a balance transfer, you move some or all of your existing credit card debt to a card with a lower interest rate – or even 0% like the Vanquis Balance Transfer Credit Card.

In contrast, a money transfer pays you cash directly into your bank account, usually charging a higher interest rate. This makes it less cost-effective for those looking to reduce their monthly payments and build their credit score.

Our balance transfer cards help to consolidate your credit card finances, with a balance transfer fee of up to 4.5%.

Having a bad credit history doesn’t automatically mean you’ll be declined. Eligibility depends on your individual circumstances, including your credit history, income and ability to make repayments.

You can check your eligibility with no impact on your credit score before applying. This can help you understand your chances of being accepted.

Read more in our balance transfer guide

Our other credit cards

Credit Builder Credit Card

This one’s designed to help build your credit score

Representative 37.9% APR (variable)

See the summary box for more info on how your APR and credit limit may vary.

Purchase Credit Card

This one’s designed to help you spread the cost of larger purchases

Representative 39.5% APR (variable)

See the summary box for more info on how your APR, credit limit and promo offer may vary.

Over 5 million customers have already been accepted for a Vanquis Card