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balance transfer advice needed please

greggp_2
Posts: 172 Forumite
in Credit cards
Have an outstanding balance of £1500 on a Virgin CC until May 2012 (£5000 limit on card) – I will be able to clear this O/S balance by then.
Virgin are now offering me a new promotion on my existing account of 0% on BT until Oct-12 (+2.98% fee) if processed before 30th Nov.
I have a Barclaycard with a balance of £1200 on which comes to an end in December 2011 – I was hoping for a Xmas bonus from my work this year which would have cleared this but doesn’t look like this will happen so need to shift this debt to a 0% deal to give me a few more months to pay off in full.
Question is do you think I can transfer the Barclaycard O/S balance (£1200) to my virgin Credit card without me incurring any fees other than the standard BT fee??
Any advice appreciated please as I am not sure if this will affect the current Virgin promotion rate I have until may-12 with the card already having an O/S balance.
Virgin are now offering me a new promotion on my existing account of 0% on BT until Oct-12 (+2.98% fee) if processed before 30th Nov.
I have a Barclaycard with a balance of £1200 on which comes to an end in December 2011 – I was hoping for a Xmas bonus from my work this year which would have cleared this but doesn’t look like this will happen so need to shift this debt to a 0% deal to give me a few more months to pay off in full.
Question is do you think I can transfer the Barclaycard O/S balance (£1200) to my virgin Credit card without me incurring any fees other than the standard BT fee??
Any advice appreciated please as I am not sure if this will affect the current Virgin promotion rate I have until may-12 with the card already having an O/S balance.
0
Comments
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Yes it should be absolutly fine doing the transfer.0
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