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When to transfer my balance
MacWeeble
Posts: 12 Forumite
in Credit cards
Hi,
I've finally (hooray!) paid off my Barclaycard, ready to transfer a balance from another card to take advantage of the Barclaycard 6.9% balance transfer offer.
My question is, when should I do the balance transfer? I know that I'll have some trailing interest from this balance on my next statement due on the 26th October, and I'll pay that immediately. However, should I do the balance transfer as soon as that payment has gone through, or should I wait another month for a zero balance on my statement in November, and then do the transfer. (Or, will it only make pennies of difference?)
Thanks
MW
I've finally (hooray!) paid off my Barclaycard, ready to transfer a balance from another card to take advantage of the Barclaycard 6.9% balance transfer offer.
My question is, when should I do the balance transfer? I know that I'll have some trailing interest from this balance on my next statement due on the 26th October, and I'll pay that immediately. However, should I do the balance transfer as soon as that payment has gone through, or should I wait another month for a zero balance on my statement in November, and then do the transfer. (Or, will it only make pennies of difference?)
Thanks
MW
0
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