Wanna Clear Credit Card in 12 Months

raulvibes

Hello All

I am think of swapping credit card balance (i.e mbna & barclaycard) and having everything in one credit card because of 0% till Oct 2014.

I took my credit card without any proper plan or in other words i was eligible so took it. In short now i am committing to be free from credit within 12 months.

Please help me to plan and how to play with promotional offer of 0%

Cheers,



My current credit as follows:

MBNA

Balance Transfer

Choose a rate:

rates

Standard rate for Balance Transfers
A transfer handling fee will apply of 5.0% of the transaction (minimum of £5.00)
MBNA

10.9% until 13 September 2014 on all Balance Transfers completed before 31 October 2013
A transfer handling fee will apply of 3.5% of the transaction (minimum of £3.00)

credit £2035 limit £5000 available £2964.15

Barclaycard

Transfer a balance from a credit card

Interest rate
0% Until October 2014
Transfer fee
2.90% or a minimum of £2.90
Minimum transfer
£100.00
Maximum transfer
£1,789.27

£1450.73 limit £3600 available £1,789.27

raulvibes

Can I clear my credit balance of barclaycard from mbna which will be £1340.73 so in mbna the total credit will be £1340.73 + £2035 = £34.85.73.

then again clear all mbna credit from barclaycard 0% till Oct 2014???

Advice Needed before i go ahead and get unintended consequences