Find the best card for balance transfers

Take control of your finances and save money if you move your existing card balances to one of our balance transfer cards. You’ll also enjoy all the rewards and benefits you get from being an HSBC customer.

Why get a balance transfer credit card with HSBC?

Our best credit cards for balance transfers

  • 0% interest on balance transfers for 28 months from date of transfer, for transfers within first 60 days of account opening - a 1.4% fee applies (minimum £5)*

Available to all customers –  eligibility criteria apply

Representative Example

  • 21.9% APR (variable) representative
  • 21.9% p.a. (variable) purchase rate
  • Based on an assumed credit limit of £1,200

Credit is subject to status, affordability and applicable terms and conditions.

  • 0% interest on balance transfers for 18 months from date of transfer, for transfers within first 60 days of account opening – a 2.99% fee applies (minimum £5)*

Available to all customers – eligibility criteria apply 

Representative Example

  • 22.9% APR (variable) representative
  • 22.9% p.a. (variable) purchase rate
  • Based on an assumed credit limit of £1,200

Credit is subject to status, affordability and applicable terms and conditions.

  • 0% interest on balance transfers for 6 months from date of transfer, for transfers within first 60 days of account opening - a 2% fee applies (minimum £5)*

Available to existing current account customers - eligibility criteria apply.

Representative Example

  • 21.9% APR (variable) representative
  • 21.9% p.a. (variable) purchase rate
  • Based on an assumed credit limit of £1,200

Credit is subject to status, affordability and applicable terms and conditions.

  • 0% interest on balance transfers for 18 months from date of transfer, for transfers within first 60 days of account opening – a 1.4% fee applies (minimum £5)*

Available exclusively to Premier customers – eligibility criteria apply 

Representative Example

  • 18.9% APR (variable) representative
  • 18.9% p.a. (variable) purchase rate
  • Based on an assumed credit limit of £1,200

Credit is subject to status, affordability and applicable terms and conditions.

*At the end of the promotional period, balance transfers and purchases will revert to the standard variable rate.

Quick comparison

Card Feature

Balance Transfer Credit Card

Purchase Plus Credit Card

Rewards Credit Card
Premier Credit Card

0% balance transfer period

(for balances transferred within the first 60 days of account opening)

28 months
from date of transfer

18 months
from date of transfer

6 months

from date of transfer

18 months
from date of transfer

0% purchase period

3 months
from account opening

18 months
from account opening

6 months

from account opening

9 months
from account opening
Balance transfer fee 1.4% (minimum £5)
for balances transferred in the first 60 days
2.99% (minimum £5)
for balances transferred in the first 60 days

2% (minimum £5)

for balances transferred in the first 60 days

1.4% (minimum £5)
for balances transferred in the first 60 days

Representative Example (on an assumed credit limit of £1200)

21.9% APR (variable)
representative
21.9% p.a (variable)
Purchase rate

22.9% APR (variable)
representative
22.9% p.a (variable)
Purchase rate

21.9% APR (variable) representative

21.9% p.a. (variable) 

Purchase rate

18.9% APR (variable)
representative
18.9% p.a (variable)
Purchase rate

Annual fee

£0

 

£0

 

£0 £0
Eligibility criteria
  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
  • be over 18
  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
  • be over 18
  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
    be over 18
  • be an existing HSBC UK customer who holds an HSBC Advance Bank Account
  • alternatively be an existing HSBC UK customer who holds a Bank account or Premier account and have maintained a credit turnover of £1,750 a month into the account for a minimum of 6 months (or a minimum of £10,500 every 6 months), not including money transferred from other sole or joint personal accounts held with HSBC UK.
  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
  • be over 18
  • be an existing HSBC Premier customer

Quick comparison

Card Feature

0% balance transfer period

(for balances transferred within the first 60 days of account opening)

Balance Transfer Credit Card

28 months
from date of transfer

Purchase Plus Credit Card

18 months
from date of transfer

Rewards Credit Card

6 months

from date of transfer

Premier Credit Card
18 months
from date of transfer

Card Feature

0% purchase period

Balance Transfer Credit Card

3 months
from account opening

Purchase Plus Credit Card

18 months
from account opening

Rewards Credit Card

6 months

from account opening

Premier Credit Card
9 months
from account opening

Card Feature

Balance transfer fee

Balance Transfer Credit Card

1.4% (minimum £5)
for balances transferred in the first 60 days

Purchase Plus Credit Card

2.99% (minimum £5)
for balances transferred in the first 60 days
Rewards Credit Card

2% (minimum £5)

for balances transferred in the first 60 days

Premier Credit Card
1.4% (minimum £5)
for balances transferred in the first 60 days

Card Feature

Representative Example (on an assumed credit limit of £1200)

Balance Transfer Credit Card

21.9% APR (variable)
representative
21.9% p.a (variable)
Purchase rate

Purchase Plus Credit Card

22.9% APR (variable)
representative
22.9% p.a (variable)
Purchase rate

Rewards Credit Card

21.9% APR (variable) representative

21.9% p.a. (variable) 

Purchase rate

Premier Credit Card
18.9% APR (variable)
representative
18.9% p.a (variable)
Purchase rate

Card Feature

Annual fee

Balance Transfer Credit Card

£0

 

Purchase Plus Credit Card

£0

 

Rewards Credit Card
£0
Premier Credit Card
£0

Card Feature

Eligibility criteria

Balance Transfer Credit Card

  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
  • be over 18

Purchase Plus Credit Card

  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
  • be over 18
Rewards Credit Card
  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
    be over 18
  • be an existing HSBC UK customer who holds an HSBC Advance Bank Account
  • alternatively be an existing HSBC UK customer who holds a Bank account or Premier account and have maintained a credit turnover of £1,750 a month into the account for a minimum of 6 months (or a minimum of £10,500 every 6 months), not including money transferred from other sole or joint personal accounts held with HSBC UK.
Premier Credit Card
  • have an annual income/pension before tax of £8,500 or more
  • be a UK resident
  • be over 18
  • be an existing HSBC Premier customer

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