We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

Barclaycard Platinum Balance Transfer - Question on 90% limit

Options
I recently received the above card with £5k limit. I understand that the maximum BT I could do is £4,500 with zero % int for 25 months. However before I do the BT next month (as I have 1 last month remaining on previous card) - I spent £500 on this Barclaycard (as it has 6 months 0 % on purchases)

The problem now is that my barclaycard site shows that I am only able to BT of £4050 as the 90% limit is calculated on available credit. So it looks like I have messed up myself because I spent on the card before the BT compared to if I had spent on it after the BT of £4,500.

Does anyone know if I am able to do a BT of £4,050 which leaves me with £450 of credit remaining (ignore fees) and then do another BT from the same card the next week of £405 (90% of £450)?

Thank you for your help.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.