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  • FIRST POST
    • peejay1977
    • By peejay1977 18th Oct 16, 5:08 PM
    • 1Posts
    • 0Thanks
    peejay1977
    Part transfer of card balance
    • #1
    • 18th Oct 16, 5:08 PM
    Part transfer of card balance 18th Oct 16 at 5:08 PM
    Hi all, apologies if this is a daft question, but, lets say for argument sake I have 2 credit cards, one with a zero balance and one with (for arguments sake) £5000 owing.

    Lets also say for easy reckoning that the oldest £2500 of that £5000 balance is already on a 0% deal which I want to leave where it is. Recent unexpected events have meant I have now added a further £2500 balance to the card.

    My other card provider is offering a good balance transfer deal but my question is, if I do a balance transfer for £2500 to the other card, will it be the newer debt that moves across, or could it be the older £2500 which is already on a 0% deal?

    Again, apologies if this is a stupid question!

    Thanks


    Paul.
Page 1
    • zx81
    • By zx81 18th Oct 16, 5:31 PM
    • 13,192 Posts
    • 13,509 Thanks
    zx81
    • #2
    • 18th Oct 16, 5:31 PM
    • #2
    • 18th Oct 16, 5:31 PM
    It'll be the highest rate debt. If rates are the same, then it will be as per the term and conditions.
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