Can I do a balance transfer from the same credit card twice

PMW85

Hi there i am knew to this forum i have got myself into a muddle with debt and i think ive found a way out of it but i need some help if i can do this:-

I applied for a barclays platinum credit card 0% interest for 22 months and was accepted for a credit limit of £4000 . I have a capital one card very high apr and maxed out to the tune of £1500 i am going to balance transfer this to my new barclays card and have no interest to pay for 22 months But what im wanting to ask is can i transfer all my other debt onto my capital one card again and then transfer the balance to my new barclays credit card.

Is it possible to do 2 balance transfers from my capital one card to my barclays card ??

Any advise would be very much appreciated.

Thank you.

Eonel

Yes - you can usually do mulitiple balance transfers up to a total of 90% of your credit limit. It is probably worth checking there is no introductory time limit after which Barclaycard will no longer handle the Balance Transfers at 0%.

Bear in mind that each Balance Transfer will cost you a 3% fee. You mention transferring onto your Capital One card and then to your Barclaycard. This will cost you 6% in fees. You should consider transfering your debt direct to your Barclaycard.