Consilidating credit cards
Cashback with over 500 top brands when you sign up and shop online through Virgin Money Back.Transfer a balance within 60 days of opening an account to get the 0% deal; otherwise the rate will be 21.9% p.a. Cashback with over 500 top brands when you sign up and shop online through Virgin Money Back.We will show you how much each balance transfer deal could save you in the time it would take you to pay off your balance.The main costs are: Balance transfer fees are a percentage of the balance you transfer to the card.For example: on a card with a 3% fee, you would pay 30 to transfer a balance of 1,000.They also come with the same fees and charges as other credit cards, including interest and charges for missing payments or going over your credit limit.Here is more information about how our website works.
While considering whether debt consolidation will save you money, it’s also important to consider how consolidating credit card debt impacts your credit scores. Consolidating credit card debt not only has the potential to save you money on interest charges, but it might also give your credit scores a boost at the same time.
It will cost less to clear what you owe if you pay less interest because more of what you repay will go towards clearing the balance quicker.
If you have several outstanding credit card balances, moving them all to one card can also make it easier to keep track of what you owe and stay on top of your repayments.
This means you are less likely to miss payments, which can damage your credit record and come with expensive fees.
Enter your total outstanding card balance and your current credit card provider at the top of the table.
Search for consilidating credit cards:
They let you send money to your bank account with 0% interest for several months. We include all of the personal credit cards you can get in the UK, apart from those offered exclusively through other companies.