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using one to pay another

daisy_doughnut · 2007-04-23 19:17:40

hi i have a tsb CC at a 0 balance my partner has a mbna with about 1700 on it if i pay his card with mine as its a lower interest rate what will i be charged at ive read all the gumpf on the back of my statements but it doesnt make sence to me with it be a classed as a cash transaction will it be the same interest rate but…

Comments

DJ1UK Posts: 373 Forumite

24 April 2007 at 3:35PM

Good Luck!

Just remember you will probably be charged a transfer fee of around 3%.

Have a look at martins Balance Transfer Article and also the credit card shuffle article for more guidance.

DJ

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