Capital One | Balance Transfer credit card

67 reviews

Representative 34.9% APR

Intro purchase rate: 0% for 3 months

Purchase rate: 34.94%

Representative example:

Representative example: Assuming a credit limit of £1,200 and an interest rate on purchases of 34.94% p.a. variable, you will receive a 34.9% APR representative variable.

Capital One | Balance Transfer credit card customer reviews.

67 reviews

2.1 out of 5 stars

Our review of Capital One | Balance Transfer credit card

If you’re thinking of applying for a Capital One Balance Plus credit card then you will need a good credit history. If you’ve not had credit before, or there are some blemishes on your record then you might need to look elsewhere as it is likely that you’ll be declined for this particular card. It will also help your application if you can meet certain criteria such as being a homeowner or having an income of more than £20,000 per year.

There are no annual fees for the Capital One 0% Balance Transfer Credit Card, nor is there a fee for balance transfers. You just need to be mindful that if you are late with a payment or go over your designated limit then you will have to pay a charge of £12 a time.

The Capital One Balance Plus credit card has average scores across the board, but there are no reviews online specifically for this card. Capital One as a company have received an ‘average’ rating on TrustPilot with quite mixed reviews. Some customers feel the cards are quite basic and don’t offer the same level of additional benefits as those from other providers. There is also feeling of hastiness with increasing credit limits. However, on the whole, other reviewers have praised their customer service.

Overall verdict: As can be expected, Capital One as a company have customers who are really happy with their experiences and others that aren’t. Compared to other cards there aren’t as many additional benefits and although the representative APR is competitive, it’s still not the cheapest out there – if you have good credit it might be worth shopping around.

Andrew Freelander
Written by
Andrew Freelander
Brand & Content Manager at Choose Wisely

Andrew joined Choose Wisely 5 years ago, originally working in a design capacity to make sure the website was simple to use. Most notably he worked with the Consumer Finance Association to design the comparison table of choice for High-Cost Short Term Finance products.


  • Competitive representative APR
  • Online account management portal
  • Limit up to £6,000 available
  • 0% on balance transfers for 12 months (2.9% transfer fee)
  • 0% on purchases for 3 months

Minimum criteria

  • You need to be aged 21 or over
  • You should be a homeowner
  • You need to have an income greater than £20,000 per year
  • No past missed payments, no CCJs and no defaults
  • You must have had credit in the past
  • For people with an excellent credit rating


  • Introductory Balance Transfer Fee: £0
  • Introductory Purchase Rate: 0%
  • Balance Transfer Rate: 0%
  • Balance Transfer Fee: £2.9
  • Purchase Rate: 34.94%
  • Fee Amount: £2.9
  • Representative APR: 34.9%

About Capital One | Balance Transfer credit card

The Capital One 0% Balance Transfer Credit Card has a limit between £500 and £6,000 depending on personal circumstance and is advertised at a 24.9% representative APR. You can make a balance transfer at any time with no fee within the first 12 months. This card is aimed towards customers with an excellent credit rating and you will be more likely to be accepted if you have had credit cards in the past and made monthly repayments in full and on time. There will be a fee of 2.9% for balance transfers.

To apply for a Capital One 0% Balance Transfer Credit Card you will need to complete the application online and you can receive the decision within minutes. If you do want to transfer balances from other credit or store cards, then you’ll need to have the details with you in order to keep the process moving along. If you are approved then your card will take between 7 and 10 days to reach you, although the PIN will arrive first.

Company information

Registration number: 3879023


Trent House Station St, Nottingham, Notts, NG2 3HX

FCA registration

Reference No: 204440

Trading names: Capital One (Europe) plc

Place of business: Trent House Station St, Nottingham, Notts, NG2 3HX

Data protection registration

Registration No: Z4908826

Data controller: Capital One (Europe) plc

Address: Trent House Station St, Nottingham, Notts, NG2 3HX

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