Unoffical Existing Customer Balance Transfers

jaxkesa

jaxkesa wrote: »

I tried after this and after paying off my Oyster card and it worked. Looked at my online banking and the Breathe card was on there with a £250 credit limit, and they reduced my Oyster card credit limit by the same amount!

Anyway, I phoned them and they said afte I have received the card, I should be able transfer 90% of my Oyster credit limit and then I will close that card. Not ideal but I suppose it's better to have 90% of my credit limit at 0% BT for 12 months than 100% at 6.9% for life.

Well it seems Barclaycard were lying to me as I phoned them up to transfer my credit limit and they apparently can't do this for at least 3 months. So now I'm stuck with a £250 credit limit on one card and a measly £1100 on the other, both empty and both of which are hurting my credit score by not being used

I suppose the best thing to do is to close my new card straight away and make do with the £1100 at 6.9%. The whole thing has left me worse off with a smaller credit limit....I wish I never applied for the Breathe card now! I'm just hoping they didn't do a credit search when I opened the second account!

Iand1

Just got a 12 month 0% follow on with Natwest for a 2% fee. Offered 6 months at 0% with 3% fee first though......

Looks like they get my custom for another 12 months then!

CannyJock

Iand1 wrote: »

Just got a 12 month 0% follow on with Natwest for a 2% fee. Offered 6 months at 0% with 3% fee first though......

Looks like they get my custom for another 12 months then!

Good result, 9 months 0% with 3% is all I'm being offered just now. Have you used the card since your last 0% deal?

peterfly

:T a nice read!!

smith33jast

hiiiiii....I am new here.

CannyJock

smith33jast wrote: »

hiiiiii....I am new here.

Welcome to the forum.

Iand1

Nope, not used my card ever.
Was a balance transfer card only. cleared the balance last month, and then called up.

One thing, they did have to activate my card as it wasn't already done. I suppose I didn't do it when first recieved!!

Jboy

Hmm. There's a balance transfer offer on the credit card account I have alonside my current account. No specifics on the apr.

Seeing as how that credit card is 90% full, I'm going to try and balance transfer it all to another card (that has a higher apr), wait for a £0 statement, pray the offer is still valid and then balance transfer it all back.

Is it a good idea to call up and ask how long the offer will be available for?

What else do I need to be wary of?

CannyJock

Jboy wrote: »

Hmm. There's a balance transfer offer on the credit card account I have alonside my current account. No specifics on the apr.

Seeing as how that credit card is 90% full, I'm going to try and balance transfer it all to another card (that has a higher apr), wait for a £0 statement, pray the offer is still valid and then balance transfer it all back.

Is it a good idea to call up and ask how long the offer will be available for?

What else do I need to be wary of?

Just make sure the two cards aren't from the same provider. Apart from that, sounds good.

Jboy

Thanks CJ. One card is LloydsTSB the other is Marbles. I'll report back after I call up.