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Transfering balances Question
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StandAlone_2
Posts: 23 Forumite
in Credit cards
Hi,
I have two credit cards, one with nothing on it and another with a smallish balance on it.
Is it possible to transfer my balance to the empty credit card (which doesn't have a balance transfer offer on it) then transfer it back to the original card after a short period. To take advantage of the 0% balance transfer offer which it does have.
Does that make sense?
Thanks
SA
I have two credit cards, one with nothing on it and another with a smallish balance on it.
Is it possible to transfer my balance to the empty credit card (which doesn't have a balance transfer offer on it) then transfer it back to the original card after a short period. To take advantage of the 0% balance transfer offer which it does have.
Does that make sense?
Thanks
SA
0
Comments
-
Yes but...
1. Two lots of BT fees involved, so getting a new card could be cheaper?
2. Will the 0% offer still be there when you come to shift it back?0
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