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Help and advise needed

Have a question about credit cards

im wanting to move my debt to another card so i dont pay any interest but the card i own now has a limit of 6k (nearly hitting it) but the new card will let me have 3k

My head has been spinning on this

would i be better applying for 2 or 3 cards at 0% and paying them off as the card that will give me 3k (tesco)will let me raise it after 3months.But dont that defeat the object?:confused:

i feel looking at this i might of answered my own question:embarasse

Many thanks

Comments

  • naijapower
    naijapower Posts: 1,393 Forumite
    Applying for several cards at once can affect your credit score.
    For me personally, i would be content with the 3k from Tesco and do a BT immediately. Half bread is better than none. In the end i have still saved money
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