Tarting on 2 existing cards

chuckyhen

Hi,

Both my Tesco and Virgin credit cards are currently offering a 0% balance transfer. As I have a small amount o/standing on both cards, which I am currently paying interest on - can I make the most of the offer and put some from Tesco over to Virgin (and pay 0% on) and the same with Virgin to Tesco?

Thanks

squack

ooohh thats a tough one... does the virgin balance offer also allow you to transfer cash to a bank account? i think they were doing this a while ago :money:

td_007

chuckyhen wrote: »

Hi,

Both my Tesco and Virgin credit cards are currently offering a 0% balance transfer. As I have a small amount o/standing on both cards, which I am currently paying interest on - can I make the most of the offer and put some from Tesco over to Virgin (and pay 0% on) and the same with Virgin to Tesco?

Thanks

Yes you can. Why not transfer say all of Virgin to Tesco and then the entire amount back to Virgin. This way you will free up one of the cards. There will be transfer fees to pay.