CAN I TRANSFER HUSBANDS BALANCE

perryash1

Excuse me for sounding a bit dim, but my we have just paid for some holiday flights on my husbands credit card and were going to pay the bill in full when it came in next month. Then I had a brain wave of me getting a credit card with 0% balance transfer on it, can I transfer his balance onto my new card?. He doesnt want another card as we did this a couple of times last year and his wallet is brimming with them !!I hope someone can shed some light for me, thankyou in advance.

Reaper

I'm sure they will allow it, however technically it may be against the T&C. I looked at the T&C of a random credit card (LLoydsTSB) and it defines a Balance Transfer as

a transfer to us of a debt you owe another lender

(bold added by me)

I really don't think they would mind but you could always ask to make sure if you are worried.

smartsaver

I've done this numerous times without any problems. No one has ever asked the name on the card only the card number.

Robert_Sterling_3

Capital One almost beg you to do it.

MarkyMarkD

They can't check what the name is on the account with another credit card company. All they do is pay the money to the other credit card company and quote the account number you quoted to them.

johnllew

Most don't ask in whose name the balance is held and most don't care. RBS cards do ask the name of of the other cardholder but only for reference; they still allow the BT to proceed. Cahoot will only transfer a balance in the same name and as they ask for a copy of the other statement, there's no getting round it.

perryash1

Thanks all, I will go ahead then.

hopefulfooluk

I transferred a balance from a relative's egg card to my citi card once, and they asked if it was my card, I said no, but all they said was "you know you will become responsible for this debt don't you" and went ahead anyway.

I think it's just so that you are aware that once the debt is on your card, it's your responsibility, not the 3rd party's.

Cheers,

Chris