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Balance Tranfers while redundant

I was made redundant last week after company went into administration, i'm looking for work but not found one yet. However, the Halifax credit card I have had for last year is due to start gaining interest next month (it was on 0% for 13 months) so want to transfer the balance over to another card so it stays 0% at least for a few months, but since I'm unemployed will it be possible to transfer it? I know some ask for the annual income to be over 5k, but as of last week i'm not making that amount.

Comments

  • No, not without an income.
  • Tixy
    Tixy Posts: 31,455 Forumite
    You could do it if you already have another credit card with sufficient limit offering a promo 0% rate on balance transfers.

    But if you don't then you don't stand much chance of being accepted for a new one whilst unemployed.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
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