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Promotional balance transfer

Cards & borrowing
A balance transfer offer with a low or 0% promotional rate.

Overview

Promotions are time-limited and may include transfer fees.

After the promo period, the standard rate applies.

Why it matters

  • It can reduce interest costs.
  • It is most effective with a clear repayment plan.
  • Fees and end dates must be considered.

FAQs

Is a promotional transfer always cheaper?

Not always. Fees and future rates can change the total cost.

Can I transfer multiple balances?

Often yes, within your transfer limit.

Related terms

Balance transferBalance transfer feePromotional rate

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