Balance transfers

Presenting balance transfers

Check if you have a balance transfer offer

Subject to application, financial circumstances and borrowing history. T&Cs apply.

So what 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.

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 make it much easier to keep track of your finances.

Is a balance transfer right for me?

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 amount can vary, depending on your individual credit limit and your Barclaycard balance. You can check the amount you can transfer in ’Transfers and offers‘ in the Barclays or Barclaycard app, and Barclaycard online servicing.

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, you 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 to transfer a balance to your Barclaycard

In our app

In our app, select 'Cards' from the home page and then your Barclaycard. Then select your card and choose 'Transfers and offers'.

In online servicing

Then enter the amount you want to transfer and the details of the cards you're switching it to and from, before reading and accepting the terms and conditions.

Enter the amount you want to transfer and the details of the cards you're switching it to and from, then read and accept the terms and conditions.

That's it. The transfer request will usually reach the other credit card provider 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.

Don't have our app?

With the Barclaycard app you can check your balance and transactions, pay your monthly bill and confirm online payments securely. Our app helps you manage your card – whenever and wherever you want.

Scan the QR code to download it directly or get the app from your app store.

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You need to be 18 or over to access this product or service using the app. T&Cs apply.

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.

Give our calculator a go

Ready to transfer a balance?

Before you can make a transfer, you'll need to log in to 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.

Get the app

Terms, conditions and restrictions apply. You must have a Barclaycard account and be aged 18 or over to use the Barclaycard app

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.

Forgotten your username or ID number?

If you prefer to do things over the phone, give us a call on 0333 200 9090 (call charges apply).

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

Balance transfer offer terms and conditions

The important stuff you need to know

How much can I transfer as a new customer?

If you’re applying for a Barclaycard, the minimum you can transfer is £250 in total, across all your balance transfers. You can request up to five balance transfers as part of your application. The maximum transfer amount varies depending on the product you choose and the credit limit you’re assigned.

How much can I transfer as an existing customer?

Existing customers are not eligible to apply for a new Barclaycard balance transfer card. However, you can make a transfer if you have a balance transfer offer on your existing Barclaycard.

The minimum you can transfer is £100 in total, across all the balance transfers you’re making on each occasion. The maximum can vary, depending on your individual credit limit and your existing balances. You’ll also need available credit left over for fees, interest and future transactions.

You’ll find the amount you can transfer in ‘Transfers and offers’ in Barclaycard online servicing, or in the Barclays or Barclaycard app. Your credit limit is on the homepage.

You can have up to six balance transfers on your account at any time.

Is there a fee?

In most cases, there’s a one-off fee – it depends on your offer and your transfer amount. Details of your fee can be found in Barclaycard online servicing, on the app, or by calling us.

Are there any restrictions for balance transfers?

Yes, you can’t make a transfer to any other Barclaycard or our partner cards. You’ll need to keep making the usual payments on your other credit card until the transfer’s been made.

What are my offers?

You’ll see your offers in Barclaycard online servicing, on the app, or by calling us. Just bear in mind that they’ll only be available for a limited time – and they’ll depend on some fraud and credit checks we’ll run when you apply.

You will not earn Cashback or Freedom points on balance transfers.

How do I get my offers?

Make your transfer before your offer close date. If you ask us to make a transfer within business hours (on a weekday before 7pm, not including bank holidays), the payment will reach your bank or other lender on the next working day. If you ask us to make a transfer outside business hours, we’ll process your request on the next working day and the payment will reach your bank or other lender on the next working day after that

We’ll sometimes do extra checks on transfers. If so, things might take a bit longer. But we’ll always try to get your transfer across as soon as we can.

When will I pay interest?

If you lose your promotional rate: Your offer will end early if you make arrangements to pay less than your minimum payment each month. We will then move your remaining balance to your standard balance, and charge interest on it at your simple standard rate. Your simple standard rate moves up and down in line with the Bank of England Base Rate.

When your promotional period ends: If you haven’t paid off the amount you transferred when your promotional period ends, we’ll move it to your standard balance and charge interest on it at your simple standard rate. Your simple standard rate moves up and down in line with the Bank of England Base Rate.

If you make purchases: You can buy things with your Barclaycard, but remember, to avoid standard interest you need to pay your full balance, excluding any promotional balances each month or interest will be charged on anything new you buy from the day the transaction appears on your account. Remember to make your minimum payment on time.

How do I pay my transfer off?

When you pay us, we’ll use your payment to reduce balances with the highest interest rate first. If you’ve got two promotional balances at the same rate, we’ll pay off the balance on the one that ends first.

FAQs

When can I transfer a balance?

How much can I transfer?

The minimum you can transfer is £100. The maximum amount can vary, depending on your individual credit limit and the existing balance on your Barclaycard. You’ll find the amount you can transfer in 'Transfers and offers’ in Barclaycard online servicing, and in the Barclays or Barclaycard app. If you'd like to transfer more than your current credit limit, call us on 0800 151 0900 and we'll see what we can do.

How much interest will I pay?

To offer you greater flexibility and savings, we regularly offer interest-free or promotional balance transfer rates, for varying periods of time. There may be a one-off handling fee to pay when you make a balance transfer, which is usually a percentage of the amount you’re transferring. You’ll find details about specific promotional offers available to you in your Barclaycard app and Barclaycard online servicing.

You can continue to buy things with your Barclaycard, but if you’ve got a balance or money transfer, you’ll be charged interest at your simple standard rate for anything new you buy, unless you pay those purchases off in full by your payment due date or you have a purchase offer.

How will my payments be used?

We use your payments to pay off your balance in this order:

firstly, your cash withdrawals are repaid
next, we pay off your standard purchases
finally, the payment goes towards your promotional balance until it's fully paid off. If you have more than one promotional balance, we pay off the one with higher interest rate first. If your promotional balances have the same interest rate, we'll reduce the balance with the earliest expiry date first.

How much will I have to repay each month?

You can choose how much to pay each month but should always make at least the minimum payment by the due date. You’ll find this information on your monthly statement. You can also pay more than the minimum amount to reduce your balance sooner. This can help you save money by paying less interest at the end of your promotional period when your balance is charged at your standard rate.

If you don’t make your minimum monthly payment by the agreed upon due date, or if you ever exceed your credit limit, you’ll lose your promotional rate and incur the standard purchase rate.

If you don't pay off the whole balance each month on time, excluding any promotional balances, you will be charged interest on new purchases from the date the transaction appears on your account. Remember, your simple standard rate moves up and down in line with the Bank of England Base Rate.

How long does the transfer take?

The transfer will reach the other card company by the end of the next working day after you make your request. If you request a transfer outside of business hours – that's after 7pm on a weekday or any time at the weekend or a bank holiday – it may take longer. Occasionally we may have to make additional checks, for example, if we need to make sure that your request genuinely came from you. If this is the case, there may be a delay but we'll put the transfer through as quickly as we can.