Balance transfers

Balance transfers - the easy way to save

Log in to view your offers

So what exactly is a balance transfer?

A balance transfer is when you move a balance you have on one credit or store card to another credit card, like your Barclaycard. It's an easy way to keep your credit in one place, and if the rate on your new card is lower, you could save money on interest.

Is a balance transfer right for me?

When you make a balance transfer, the request can reach the other card company as quickly as the next working day. There might be a fee for each transfer, but it means you can manage your credit all on one card, which could save you money on interest – and makes it much easier to keep track of your finances.

Just remember that you can't transfer a balance from another Barclaycard, or a store or credit card issued by the Barclays Group. The minimum you can transfer is £100 – the maximum is up to 90% of your available credit limit, depending on your existing balances.

To get the most out of your balance transfer you should always pay at least the minimum payment on time, stay within your credit limit, and aim to pay off your balance before the offer runs out. If not, could lose any promotional rates you may have and revert to the standard rate. If your card also comes with a purchase offer, be careful of new spending once your promotional purchase offer ends.

How is it done?

1. Log into your Barclaycard online servicing account or use the Barclaycard app, and select 'View your offers' to see if you have an offer available.

2. Tell us how much you're transferring and which card you're transferring from – make sure you have your card details to hand.

3. Make sure you've read and understood the terms and conditions, and tick the box to continue.

That's it. The transfer request will usually reach the other card company by the end of the next working day. Read our balance transfer terms and conditions for more information on how long your transfer will take.

Take our balance transfer calculator for a spin

See if you could save money on interest with a balance transfer. Remember it's just a guide – your repayments, account activity and the way you manage your account will affect how much you actually save.


Ready to transfer a balance?

Before you can make a transfer, you'll need to log into your Barclaycard online servicing account to make sure you have an offer available.

Tap the Barclaycard app

Download. Tap. Done. Just log in to see if you have an offer, then apply through the app in a few simple steps.

Barclaycard online servicing

Log in to or register your Barclaycard account and select ‘View your offers’. See if you have an offer and then apply online. 

If you prefer to do things over the phone, give us a call on 0800 161 5296 (call charges apply).

Make sure you’ve read our balance transfer terms and conditions before you apply.

FAQs

Want to make a money transfer instead ?

Want to make a money transfer instead?

If you want to move cash from your Barclaycard to your current account, head over to our money transfer page.