Balance Transfer Card | Interest Free Transfers

HSBC UK
Credit cards
Products
Balance Transfer Credit Card

Enjoy up to 33 months interest-free for balance transfers (3.19% fee, min £5).

Give yourself some breathing room with our longest balance transfer offer (fees apply). Transfer your other credit card balances so that you make just one monthly payment for everything. Representative 24.9% APR (variable).

Balance transfers need to be done in the first 60 days to get up to 33 months interest-free. A 3.19% fee applies per balance transferred, minimum £5.

Credit is subject to status, affordability and terms and conditions. The rate and promotional period we offer will depend on our assessment of your circumstances. Please read the important documents before applying. Why is it only 'up to' 33 months?

Representative example

Purchase rate24.9% p.a. (variable)

Representative24.9% APR (variable)

Based on an assumed credit limit of £1,200

Start application

Key benefits of a Balance Transfer Credit Card

Interest-free balance transfers

0% interest for up to 33 months^{11 view footnote 1} on balance transfers made within 60 days of account opening^{22 view footnote 2}. A 3.19% fee applies for each balance transferred, minimum £5.

Interest-free purchases

0% interest on purchases for 3 months^{11 view footnote 1} from account opening^{22 view footnote 2}.

No annual fee

Good news! There's no annual fee for the Balance Transfer Credit Card.

Your Balance Transfer Credit Card also comes with

Offers and discounts

Save on shopping, eating out, travel, family days out and more. We regularly update our range of offers This link will open in a new window, so they'll vary as new ones come in.
Use your credit card abroad

You can use your HSBC credit card in all countries and regions supported by the Visa and Mastercard networks. Fees apply, and non-HSBC cash machines may also charge a fee.
No-fuss card management

Use online banking or the HSBC Mobile Banking app to check your balance, make payments, block or unblock your card, and stay in control.

Enjoy 24/7 worldwide assistance

Help is at hand if your card is lost or stolen. Call our dedicated support team about getting an emergency cash advance.
Purchase protection

As with all credit cards, section 75 of the Consumer Credit Act protects purchases of £100 to £30,000 if the supplier breaches a contract, or misrepresents goods.
Go digital

All HSBC credit cards are contactless and can be used with a digital wallet. For immediate access to spending, you can add your card to Apple Pay or Google Pay directly from the HSBC UK Mobile Banking app before your new card arrives.

Things to know

Who can apply?

You can apply for a Balance Transfer Credit Card if you:

are over 18
are a UK resident
have an annual UK taxable income or pension, before tax, of £6,800 or more
do not hold an HSBC Basic Bank Account

Important documents

Ready to apply for a Balance Transfer Credit Card?

Existing customers

On your mobile device? If you've downloaded our app, you can apply now by selecting 'Apply in app'.

Apply in app for a credit card This link will open in a new window

If you're on a desktop, scan the QR code with your mobile device.

More ways to apply

If you're registered for online banking, you can apply now. You'll be able to see your pre-filled application form, submit it, and get an instant decision.

Log on and apply This link will open in a new window

It’s usually easiest to apply through the app or online banking, but if you need support you can visit one of our branches and we’ll help you with your application.

Please bring your mobile phone with you (or a similar device, like a tablet) if you have one.

Find your nearest branch

New to HSBC?

You'll just need to provide a few details as part of your application.

New to HSBC? Apply now This link will open in a new window

New to the UK?

We may be able to access your international credit history in selected countries to help you apply for an HSBC UK credit card.

Find out about credit cards for international customers

Frequently asked questions

A balance transfer credit card is a way of moving several credit card balances onto a single card. This can make managing balances simpler, with one balance to keep track of and one payment to make each month.

Balance transfers work by moving your debt from one or more credit cards to another credit card. Any money you owe – your balance – is moved over to the new card.

The balance of the old credit card will be paid off, but it won't close automatically. You may want to think about whether you'd like to keep that card in future or not.

The rate and promotional period we offer will depend on our assessment of your circumstances.

We may offer you:

0% for 26 months on balance transfers with 27.9% APR and 0% for 3 months on purchases
0% for 14 months on balance transfers with 29.9% APR and 0% for 3 months on purchases

Additional information

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

2. Balances can’t be transferred from all cards, for example those issued by members of the HSBC Group, including HSBC UK, first direct and M&S Bank.

You must not have opened a new HSBC credit card or received a credit limit increase within the past 6 months, and you must not be applying for a credit card that you already hold.

Please note, if you currently hold a Classic, Student, Purchase Plus, or Balance Transfer Credit Card with us, you will not be eligible for this product.

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What is a balance transfer credit card?

How do credit card balance transfers work?

What happens to the old credit card after balance transfer?

Why are interest-free periods sometimes limited?

Can you withdraw cash from a balance transfer credit card?