balance transfers?

cazsmith99

Hi, I have just taken out a credit card with tesco to transfer my capital one balance to. They have offered me £750 and i owe capital one £1000. I also have a next card with £400 on it. Is it worth taking out another card on 0% to transfer the remaining and if it is will they transfer store card debt?
Many thanks

Jaywilz

Do you mean they offered you £750 as a limit ??
If so you may find it difficult to get a number of 0% balance transfer cards open due to just taking out this credit card your credit score would have taken a it of a hit

jo-bo

To transfer to Next you would ideally need a 0% purchases card and then just pay off Next with the card. With regards to whether or not you'd be able to get another card depends on a number of factors:
Income
Payment history
Number of credit accounts held.

cazsmith99

yes thats would be the limit. I wondered if this would be the case. Trying to keep our credit rating as good as poss for a mortgage application