Transfer problems.....

itsbeef

Hey guys, just wanted totest your brains cos mine is getting pickled by thinking about it all.......

I have £3,400 on a barclaycard which has just clicked back onto interest to be paid on

How can I transfer to another card without paying a penalty?

Can i transfer say £3,390 leaving £10 to be paid next month without having to hand over £50 penalty fee?

Cheers

:beer:

grumbler

itsbeef wrote:

...How can I transfer to another card without paying a penalty?

Can i transfer say £3,390 leaving £10 to be paid next month without having to hand over £50 penalty fee?..

What penalty? You can transfer the full balance £3400 or even more (pushing your barclaycard into small positive balance). The only fee you pay is Balance Transfer fee (depends on card, free for some cards) ...

itsbeef

thats what i meant sorry.......

if i transfer balance they charge 2% or £50.....

just wondered if there was a way of avoiding that?

bob_builder_2

itsbeef wrote:

thats what i meant sorry.......

if i transfer balance they charge 2% or £50.....

just wondered if there was a way of avoiding that?

The fee is charged by the new CC company not Barclaycard and they have no idea what your Barclaycard balance is so you can transfer any amount.

The only way to avoid it is find a card that does not charge the fee. I believe the HSBC card is fee free:
http://forums.moneysavingexpert.com/showthread.html?t=108451