We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Balance transfers-twice?
nonhankins
Posts: 2 Newbie
in Credit cards
Hi
I have just started my own business, so money is a little tght and my personal creit rating is shot, so I can't apply for any new credit cards. I transferred the balance off one credit card to another - from Halifax to Barclaycard. I pay 6.9% for the life of balance. Is it now possible to doa balance transfer back to Halifax (if they can offer a better rate) or is there a time limit involved that you can't transfer back again?
Or are there any better solutions to give me a little more breathing space?
Help!!!
I have just started my own business, so money is a little tght and my personal creit rating is shot, so I can't apply for any new credit cards. I transferred the balance off one credit card to another - from Halifax to Barclaycard. I pay 6.9% for the life of balance. Is it now possible to doa balance transfer back to Halifax (if they can offer a better rate) or is there a time limit involved that you can't transfer back again?
Or are there any better solutions to give me a little more breathing space?
Help!!!
0
Comments
-
You can do this and there is no time limit, but 6.9% rate is good in fact and I think it is very unlikely that Halifax offer you a better rate. Ask them, you have nothing to lose.
All other solutions involve other new card(s) that you say you cannot apply for.0 -
Thanks for that. Just trying to think of all options. Thanks again0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.3K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards