cc transfer from a spouse's cc

violetmva

Hi,
can you, please tell me if its possible to transfer my cc balance to my husbands new card, he has just applied for the first time and i would like to know if this is possible or it will be better if we just get a loan to cosolidate our debts. Thank you very much!

GlennTheBaker

Yes it is, we've done it quite a few times.

Moggles_2

Please bear in mind, the person whose card the balance is switched to, becomes soley liable for the debt. If you were to fall out, he couldn't ask the card company to charge you for any remaining balance.

From the lender's perspective, it's not a problem. Customer Services may ask him for the name on the card, but this is purely an additional verification check.

At the end of the day, the card company is after his business. They're not really interested in knowing who ran up the debt, as long as he, their customer, pays up on time each month!