how long does it take to transfer your balance to another card?

ianbar0

my o/h is looking to transfer her balance form her tesco credit card to another 0% card. we are both a bit new to credit cards. how long would a transfer take?

GooliesOfFire

About a week.

Tixy

Its often a round a week from when you do the transfer (or from when the account is formally opened if you apply to do the transfer at the time of application). But it can occasionally take longer than this.

Its advised to continue to make a minimum payment on the card with a balance rather than assume that a balance transfer will go through by the due date for a card.

blacksta

it depends on the CC company

Barclays is about 2 weeks - whilst virgin is roughly about couple of days

YorkshireBoy

The transfer itself is (almost) instant these days, so your question is really "how long will it take from card application to payment being made?"

In my experience it can be as little as 4 days, and as long as 4 weeks.

I'm guessing this won't help you though!

ianbar0

her current card runs out of 0% middle of april so we didn't really know when to start the ball rolling?

GooliesOfFire

Mid March to be safe.

YorkshireBoy

ianbar0 wrote: »

her current card runs out of 0% middle of april so we didn't really know when to start the ball rolling?

You need to say which card she's chosen to take the debt to get the best recent experiences, but I'd say 4 weeks to be on the safe side.

Tixy

I'd consider applying in about a week, that will give her some time should the first application not be accepted or if there are any issues with them referring the application etc.

ianbar0

had better get on the case then! will look for a good card to transfer too, cheers