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What is a balance transfer?
What is a balance transfer credit card?
A balance transfer card might come in useful if you’re looking to move credit card and selected store card balances you’ve already got. Balance transfer cards sometimes come with an introductory rate, so when you move balances from one card to another, you’ll pay that rate until it ends.
A balance transfer is where you move an existing credit balance to a different credit card with another provider. They can be useful for managing your monthly credit payments and often have introductory or promotional offers.
Before you start. There’s a few things you need before you get started with your balance transfers. Make sure you know: Your Online Services or MBNA Mobile App log in. The other card details you want to transfer from – they must be Visa®, Mastercard® or American Express® held in your name.
Feb 6, 2023 · A 0% balance transfer credit card allows you to shift debt from expensive credit cards and freeze the interest for a set period – with some deals lasting up to 30 months.
4 days ago · A balance transfer allows you to transfer debt from one credit card provider to another. To do this you must open a new balance transfer credit card, which are specifically designed for this process and often come with deals which mean you pay no interest on your debt for a set number of months.
1 day ago · MBNA has a wide range of credit cards, including 0% balance transfer and 0% interest-free deals. It's also one of a handful of providers that offers 0% money transfer deals. These allow you to shift money from your card into your bank account, interest-free for a set time. Find out more: best credit card deals. Be more money savvy. free newsletter.
May 1, 2024 · The MBNA Long 0% Balance Transfer Credit Card is issued on the Mastercard network, so it's accepted at more than 50 million merchant locations across more than 210 countries and territories. How does it compare?