Compare the cost of staying on your current card vs transferring to a 0% deal, and see if you'll actually save.
Enter your card details and transfer terms, then click Compare Options to see which saves you more.
A balance transfer moves your existing credit card debt to a new card with a lower (often 0%) interest rate for a promotional period. This lets you pay off debt faster because more of your payment goes to the balance rather than interest.
Most 0% balance transfer cards charge a one-off fee, typically 1–3% of the amount transferred. For example, transferring £3,000 with a 2.9% fee costs £87. This calculator includes the fee in the total cost comparison.
After the promotional period, the interest rate reverts to the card's standard rate, usually 20–25% APR. This calculator shows what happens if you haven't paid off the full balance by then.
Not always. If the transfer fee is high and you can pay off the debt quickly anyway, staying put may cost less. This calculator compares both scenarios so you can see the actual numbers.