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Should i balance transfer?

SCO
SCO Posts: 729 Forumite
Part of the Furniture 500 Posts Combo Breaker
Hi all, help required please.

I have the M+S card with the 10 months free intrest on purchases,
I have purchases on the card.

I have £900 on another card i would like to transfer as its costing roughly £10 per month interest, 9.9APR.

I am still in the period to balance transfer at 0% for 6 months so the purchases and BT balances will fininsh ar roughly the same time and then plan to transfer the amount left to another 0% deal.

I see posts about not transfering onto cards with purchases but as purchases and BT will both be 0% is it a good idea?

Thanks

Comments

  • stubuch
    stubuch Posts: 24 Forumite
    edited 12 May 2009 at 9:13PM
    I think with the M+S card you might get away with this. I initially thought Noooo!!! the 6 months BT would have started when you opened the account, but having looked at their website I think you'd be OK.
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