What is a Balance Transfer?

Balance transfers explained

Financial blogger, Emma Lunn, answers your questions.

Baffled by balance transfers? Want to know how you can make savvy savings on your other credit or store cards?

Read on for Emma’s guide on getting the most out of a balance transfer credit card.

Customers talk about what balance transfers are, and how they help them pay less interest to clear their debt

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We thought you’d like to hear the low-down on balance transfers from somebody who doesn’t work for us. So we asked personal finance journalist, Emma Lunn, for her view. Read on for Emma’s jargon-free guide to balance transfers, how they work, how they affect your credit rating, and how much they could save you.