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Xfer from one 0% card to another
m0rgana
Posts: 132 Forumite
in Credit cards
I want to take advantage of the long 0% card that Barclaycard is offering, as I know I qualify for it. Does it matter that my existing credit card debt is already on a 0% deal (which is about to expire?)
Strongly suspect the answer is no, but just as I was about to do it, it occurred to me that I had never done it this way before and that there could be some restriction on that. Anyway, I'm sure someone here will know
thanks!
Strongly suspect the answer is no, but just as I was about to do it, it occurred to me that I had never done it this way before and that there could be some restriction on that. Anyway, I'm sure someone here will know
thanks!
0
Comments
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Makes no difference.0
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Thanks Zx81, no idea why I thought it might, but just didn't want hassles!
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The other card won't even know it's 0%, the most it can find out is that it's some sort of promotional rate. And repeatedly transferring between 0% cards is the whole point... effectively you add the interest (BT fee) to the balance in advance, while your money then earns it back sitting in a savings aco!!!!, and then you never actually pay it back0
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