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Is there a limit to the amount if balances you can transfer ?
summer201
Posts: 14 Forumite
in Credit cards
Is there a limit to the amount if balances you can transfer ?
Many Thanks
Many Thanks
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Comments
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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.0
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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...0
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thankyou
i have 2 different cards one with tesco one with halifax that i would like to transfer to another card
is that possible?0 -
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).0
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thats great
thank you0
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