Balance Transfer Limit

blitzboy

As with most cards, my latest balance transfer could only go 'up to 90% of credit limit'. But i've always wondered why this is?

Surely the higher the balance you have with them, the more interest you are likely to pay when the deal runs out and the higher the transfer fee? And if they didnt want you to have that high a balance then why set the limit that high?

Not really a problem, just curious as to why it happens?

exel1966

It's to take into account BT fees which if transferring at 100% would take you over your limit and into default. Some go up to 95% and some still permit 100% AFAIK.