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Balance Transfer Dilemma
vivaladiva
Posts: 2,425 Forumite
I'm at the end of several low rate balance transfer periods. I am due for an egg anniversary offer in December (if they are still honouring this as I've had the card since 2002). Egg are currently offering 3.9 B/T with a fee. Cap One have just reduced my interest rate to 6.9% and I have about £7000 at 14 ish % with Citibank and another £5000 at 7.9 with them. I can move £1500 to MBNA interest free. Should I move some of the rest now or wait to see what happens with egg, and then juggle again next month. I suspect that the new Cap One rate will only apply to new transactions?!
Any help in sorting out this jigsaw would be much appreciated. Everything was so much simpler before the B/T fees.:mad:
Any help in sorting out this jigsaw would be much appreciated. Everything was so much simpler before the B/T fees.:mad:
I have plenty of willpower - it's won't power I need.
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