We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Can I move a balance from high interest card?
sparklyjojo
Posts: 42 Forumite
in Credit cards
Hello all,
Had previously asked this question as part of a much longer question over in the PPI forum, but think I should've asked this bit of the question in this forum!
Can I move a balance from a card that currently has high interest (more than 20%) to a 0% credit card, while currently having a PPI claim being investigated on the card?
I'm worried if I move the balance and therefore close the card, that the PPI claim will be cancelled too?
But I really want to stop paying so much interest on the card!
Card is with Capital One.
Many thanks
Had previously asked this question as part of a much longer question over in the PPI forum, but think I should've asked this bit of the question in this forum!
Can I move a balance from a card that currently has high interest (more than 20%) to a 0% credit card, while currently having a PPI claim being investigated on the card?
I'm worried if I move the balance and therefore close the card, that the PPI claim will be cancelled too?
But I really want to stop paying so much interest on the card!
Card is with Capital One.
Many thanks
0
Comments
-
Moving the balance from a card doesn't normally cause the card to be closed, it will just end up with a zero balance.0
-
Thank you TaddleyBaggie
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards