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HBOS Balance Transfers

Just need a little advice.

I currently have a Halifax credit card, but want to take advantage of cards that have a 0% balance transfer, and keep moving these around. I can’t obviously take advantage of any of the HBOS affinity and charity cards at the moment, but if I transfer my balance to another card (e.g. HBSC or Post Office), am I eligible to transfer back to an HBOS card, once I have been away, or will they pick up on the fact that I am just trying to dodge interest? First time doing this sort of stuff so any info would be appreciated. Thanks

Comments

  • The_Boss
    The_Boss Posts: 5,890
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    Shift it and then shift it back AFTER the statement due date. That means you will have more time to make the next payments (almost 2 months instead of 1)

    If the balance has been cleared to zero, there is no way they can come after you. I wouldnt do this more than twice in a short while though.

    Just so you know, my Halifax card wont let me transfer money from my MBNA account.
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