Can I lose my balance transfer rate?

Yes, if you fall behind with two consecutive payments, you will lose your balance transfer rate. You’ll then be charged your standard interest rate.

Related FAQs

How long does a balance transfer take?
If your request was approved, we aim to process it in line with these timescales ...
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I requested a balance transfer.  Can I cancel this?
Unfortunately not, sorry. Once you’ve asked us to start a balance transfer, we're unable to cancel this.
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How many balance transfers can I request?
If a balance transfer offer is available, we'll show you this in the Vanquis app ...
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