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.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Balance limit why £1,200
Leedash
Posts: 441 Forumite
in Credit cards
Can u shift slightly more than £1,200 (£1,500) on to one credit card,I'm paying £100 a month so plan to pay most of it off this year,
0
Comments
-
You can usually do BTs up to 90% or 95% of the limit on your card, so it depends on your credit limit.
If the card provider for the card you want to put the debt on says £1200 is the maximum for you on that card then thats the maximum.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
Don't understand the question - do you mean do a balance transfer?0
-
Confused, so your credit limit is £1200 and you want to put £1500 on there?
In short if you go over your limit you will get charged for it, in short don't do it.
You can phone them up and ask them to increase it, but its down to them.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
The answer to your question depends on your availible credit, the option to carry out a balance transfer, and the nature of the debt that your are looking to move.
Are you able to provide any more detail?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards