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Is there a limit to the amount if balances you can transfer ?

Is there a limit to the amount if balances you can transfer ?

Many Thanks

Comments

  • sharpy2010
    sharpy2010 Posts: 2,471 Forumite
    No, it is generally the case that you can transfer up to 90% of your available credit, but you could do as many transfers as you like within the window of available credit.
  • StuC75
    StuC75 Posts: 2,065 Forumite
    some cards may restrict how many transfers can be done from the same account in a period of time.. think MBNA restrict it to one per month. often there will be a restriction of X '% of your available credit - to help avoid Fees & other transactions putting you over credit limit...
  • summer201
    summer201 Posts: 14 Forumite
    thankyou

    i have 2 different cards one with tesco one with halifax that i would like to transfer to another card

    is that possible?
  • sharpy2010
    sharpy2010 Posts: 2,471 Forumite
    Yes, you'll need to apply for a card which is not operated by either Halifax or Royal Bank of Scotland - this is because you generally cannot transfer a balance from one card to another card owned by the same company (they'd be losing money if they allowed it).
  • summer201
    summer201 Posts: 14 Forumite
    thats great

    thank you
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