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Is it worth transferring these amounts?
MrsKrepsly
Posts: 59 Forumite
in Credit cards
Barclaycard keep nagging me to transfer my balances onto my BCard. The card is a platinum card with 14 months 0% on purchases. The purchase balance is now £500 (the 0% period ends in Feb).
Now, they are offering 0% on balance transfers for 9 months (2.9% fee). So my question is, is it worth doing? and I'm assuming they keep the transfer/purchase balances seperate so even when I start paying interest on the purchases, the transfer stuff will remain interest free?
The balances I would transfer are £250 from a Natwest card (17%) and £190 from a Next store card (26%).
I know it's not a lot so is it even worth doing?
Now, they are offering 0% on balance transfers for 9 months (2.9% fee). So my question is, is it worth doing? and I'm assuming they keep the transfer/purchase balances seperate so even when I start paying interest on the purchases, the transfer stuff will remain interest free?
The balances I would transfer are £250 from a Natwest card (17%) and £190 from a Next store card (26%).
I know it's not a lot so is it even worth doing?
0
Comments
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It will be cheaper for at least the next 9 months.
Unless you're in a position to clear the balances in the next 2 months anyway.0
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