Balance Transfer Credit Card
This one's for paying off other balances
0% interest on balance transfers
made within 60 days of account opening.
Pay 0% for up to 19 months
on balance transfers, subject to eligibility.
Up to 3.9% balance transfer fee
when you spend at participating retailers using your card.
0% interest on purchases for 3 months
Starting from your first purchase. Spend within your offer term to qualify. Purchases made after this will be charged at your standard variable interest rate.
£250 – £7,000
personalised credit limit.
Representative
33.9% 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 3.9% transfer fee and you transfer £900, a £35.10 fee will be added to your balance.
How does this balance transfer card work?
The Vanquis Balance Transfer Credit Card lets you move your debt from one or more credit cards to our card with a 0% interest period.
If you don’t miss a payment, it could help you clear your debt faster and pay less interest overall.
Once the offer period ends, we’ll charge interest at the standard rate if any of the transferred balance is left to pay. If it’s affordable, try to pay off your balance before that happens.
How does a Purchase offer work?
A credit card with a Purchase offer of 0% interest for a set time is a smart way to spread the cost, especially for those big purchases.
For example, if you bought a holiday for £500 during our interest-free period, the amount you owe would start at £500 and go down if you continue to make your minimum monthly payments.
This could save you interest compared to paying for the same holiday using a standard credit card without a purchase offer from another provider.
What happens at the end of my offer period?
When the offer period on one of our cards ends, any outstanding balance will be charged at your standard variable interest rate.
The more of your balance you repay before the end of your offer periods, the less interest you’ll pay.
Why use a credit card balance transfer?
Reduce interest costs
You can save money by transferring existing balances from interest-charging credit cards to a new card with the 0% interest Balance Transfer offer.
Simplify your payments
You can consolidate multiple credit card balances into this Balance Transfer Credit Card, creating one form of repayment. This can make it easier for you to manage your debt and reduce the risk of missed payments.
Credit card debt consolidation
By taking advantage of this credit card’s 0% interest period, you can focus on paying off your original balance quicker. As a result, this can help you improve your overall financial health.
Am I eligible for a Balance Transfer Credit Card?
Check your eligibility with no impact on your credit score. Once you’re confident you’ll likely be accepted, you can apply in a few steps.
You can apply if you are 18 years old or over, have a regular income and are a permanent UK resident.
You’re not eligible if you are currently bankrupt, have an active Individual Voluntary Arrangement (IVA), have a card or open application with us or have been declined by us in the last 6 months.
We’ll need your:
- Address details for the last 3 years
- Your bank details
- Your annual income and your monthly outgoings.
Why choose a balance transfer over a money transfer?
By choosing this Balance Transfer card, you could move all or some of your existing credit card debt to a new card with an initial 0% interest rate.
Money transfers give you cash directly, although usually at higher rates. This makes it less cost-effective for those looking to reduce their monthly payments and build their credit score quickly from the start.
Our Balance Transfer cards help to consolidate your credit card finances, with a balance transfer fee of up to 3.9%.
What’s a balance transfer fee?
There’s usually a one-off fee when you transfer a balance – you can check this before you apply.
It’s a percentage of the total amount you’re moving and it’ll be added to your balance when you make the transfer.
For example, if you’re moving £900 with a 3.9% transfer fee, you’ll be charged an extra £35.10. That means the total you owe will be £935.10.
Why choose Vanquis?
We're the bank that's got your back.
We lend to a much wider range of customers than the high street banks.
Our eligibility checks give you confidence you’ll only be accepted for a 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 today?
Frequently Asked Questions
Balance transfer cards – is there a catch?
With our cards, there are several potential costs to consider. These include one-off transfer fees and higher interest rates after the promotional period ends.
Also, missed payments can lead to increased rates, so it’s important to manage your payments carefully.
Does a balance transfer affect my credit score?
It could. At first, a balance transfer may lower your score, as you’ll be using more of your available credit. And remember, applying for a new card with other providers means there’ll be a hard credit search done on you. This can temporarily impact your score as well.
What happens to my old card after a balance transfer?
After a balance transfer, your old credit card will stay active unless you choose to close it. But try to avoid closing it immediately, as this can negatively affect your credit utilisation ratio (the percentage of your available credit you’re using) and credit history length. Both these things can influence your credit score.
What is a 0% balance transfer credit card?
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.
What happens when this 0% interest period on balance transfers ends?
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.
Win a magical holiday to Orlando
We’re flying 50 Vanquis Credit Card customers and their families to Florida.
- We’re giving away 10 holidays each month from 1 Feb to 30 June 2026
- Plus 6 Tech and 6 Apple bundles in each prize draw
- Earn entries automatically by spending on your card and logging into our app
- Plus making at least your minimum payment on time
- Your card must be up to date and remain within its credit limit for your entries to be eligible for the prize draw
- Exclusions and restrictions apply – full Terms can be found here
Win a magical
holiday to Orlando
We’re flying 50 Vanquis Credit Card customers and their families to Florida.
- We’re giving away 10 holidays each month from 1 Feb to 30 June 2026
- Plus 6 Tech and 6 Apple bundles in each prize draw
- Earn entries automatically by spending on your card and logging into our app
- Plus making at least your minimum payment on time
- Your card must be up to date and remain within its credit limit for your entries to be eligible for the prize draw
- Exclusions and restrictions apply – full Terms can be found here
Our other credit cards
Credit Builder Credit Card
This one’s designed to build your credit score
Build your credit rating
by paying on time and staying within your limit.
£250 – £2,500
personalised credit limit.
Representative
42.9% APR
(variable)
Travel Credit Card
This one helps you manage spending at home or abroad
Zero foreign transaction fees
on overseas transactions.
£250 – £2,500
personalised credit limit.
Representative
35.9% APR
(variable)
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