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Hi all,

I have recently applied for a 0% balance transfer card in order to shift debt from card to another. I do have a card which is still in its 0% balance terms, but I also have another which has now ended its 0% term, so am starting to pay the interest on that card, so intended to transfer it again in order to avoid huge debts.

Upon filling in the application form the amount of credit offered hardly seemed to be worth completing the application. Is this normal if you were to accumulate multiple cards as so to speak?

Many thanks.
Matt.

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  • [Deleted User]
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    fraid so as they look at your total avaliable credit (not what you owe) versus income,and as a rule of thumb avaliable credit shouldnt normally = more than 50% of income
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