Am I doing this right

avondale

Ive currently got a marks and Spencer's card that had 0% interest which comes to an end in October. I currently have an outstanding balance of £5k on it. I've been accepted for a tesco credit card which is 0% interest for 16 months. They will also allow me to balance transfer £2950 for 9 months at 0% but with 2.9%fee is £116.
My point is I could pay off my m and s card in full but could do with some of that money being balance transferred as I'm doing up my house
Would I be better doing a balance transfer on a completely separate card, so in plain English still have the new tesco credit card but apply for another card for the balance transfer.
I'm slightly confused please help

Aaron28

You should try a new one because it gives you more time limit for transfer.and if you want to use the existing than there is not too much difference in charges.