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Credit card users in the UK have been warned that the annual percentage rates (APR) they pay on their balance transfers have been increasing in recent months.

According to MoneyExpert, the typical APR charged by credit card firms after their introductory period has ended has risen from 15.35 per cent to 16.1 per cent since the start of the year.

For many people, this could mean additional debt management and money problems and the price comparison firm behind the research has urged borrowers to be wary of lenders upping their APRs.

Sean Gardner, director of MoneyExpert, suggested that lengthy zero per cent balance transfer deals are available to credit card users but he maintained that the "go-to rate" should also be taken into consideration.

"Particularly as more and more people will not be in a position to clear their balance in full once their deal expires," he said.

A report earlier this month from Moneyfacts revealed that credit card lenders in the UK have been increasing their APRs, their cash withdrawal fees and their headline interest rates in recent months.

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