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The ever growing debt levels in the united kingdom mean that getting credit cards is becoming harder as time passes. Getting a charge card with a great balance transfer offer is becoming even more complicated as lenders shrink their lending requirements. It happened to me some time ago; I was considering transferring a stability from my existing charge card to another. On applying by telephone using the new credit card issuer they told me which i could transfer a balance however it was only around 75% from the total balance I was seeking to transfer. This was obviously not necessarily any good personally because I didn't wish to end up splitting the total amount transfer over 2 new charge cards because it might cost me two balance transfer handling fees as well as because it just appeared like untidy financial management in my experience. So I appeared elsewhere and upon applying with another card issuer they were pleased to transfer the whole balance from my other charge car d. Over the last couple of years the balance transfer deals have better in one respect since the 0% offers right now top 12 several weeks, I think the very best is around 15 several weeks at 0% whenever transferring a stability. However in an additional respect the intro of balance move handling fees combined with reluctance to allow customers almost instantly transfer any balance add up to a new charge card, means that these types of deals aren't what they was previously. Of course a person couldn't really expect the credit card issuers to let individuals transfer balances through card to card without any charge, forever. Back in 2004 this is the way it was! Often known now as 'rate tarts, customers could merely transfer their existing charge card balance to a brand new company with totally free and benefit through 0% interest about the balance transferred for months at a time. Then when the actual 0% period found an end they simply experienced the same procedure. I think i t had been something like two or three years, certainly late 2006 or even early 2007 before the credit card issuers started their stability transfer handling charge charges. Now credit card issuers are tempting new clients with low APRs for that life of the total amount transferred. The idea is really a low APR such as 5 to 6% Standard, for the existence of any amounts you transfer, is reasonable when compared to average UK charge card APR of 16%. Plus it makes life simpler for customers who don't want to maintain switching their charge card every year or even more often. Simon Duffy writes for that Financial Blog [http://www.thefinancialblog.co.uk] the UK Finance Blog [http://www.thefinancialblog.co.uk] referring to all aspects associated with personal finance such as loans blogs [http://www.thefinancialblog.co.uk/category/loans]. View this post on my blog: http://cardcompare.valuegov.com/how-0-percent-balance-transfer-credit-cards-have-changed/