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.

using 0% balance transfer

I know this may sound nuts but i need to know if the credit card company that i have done a transfer balance to knows that my old credit card is now clear????

I also would like to know if you balance transfer already to one card then do it again to the same card will they suss this out?

Yes yes why all these strange questions well its because i need to clear a lump off my over draft and my new barclay card wont allow me to do that so i thought why cant i do another balance transfer to my now zero balance credit card and use that money....

Can i do this i know that people will say if its not an egg card then no but if you went to the hole in the wall and took the credit balance out how would i be affected? Would barclays know and then stop my 0% balance transfer??

I could how ever use my zero balance card for various things and then do another transfer for that balance amount as not to increase my spend on my over draft??

Any one got good advise how to play this one?:eek:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.9K Banking & Borrowing
  • 252.4K Reduce Debt & Boost Income
  • 452.7K Spending & Discounts
  • 241.8K Work, Benefits & Business
  • 618.3K Mortgages, Homes & Bills
  • 176K Life & Family
  • 254.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.