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min amount to balance transfer

sjh101
Posts: 173 Forumite


in Credit cards
I have a credit card which is 0% on purchases. Once this runs out I have worked out I will have about £175 to £200 left to pay on it.
Is there a minimum amount you need to balance transfer to be able to apply for a balance transfer card? I.e will my £175/200 be to less an amount to be accepted?
Is there a minimum amount you need to balance transfer to be able to apply for a balance transfer card? I.e will my £175/200 be to less an amount to be accepted?
0
Comments
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Generally, where such a limit is quoted it's £100.
But why not check a few providers' websites?0 -
Unless you can find a balance transfer fee free card, it might be worth, looking at another 0% purchase card.
Apply for it, a couple of months before the 0% runs out on the current card. Then use the card, instead of your debt card for the month or two and then pay the balance off, your current card.
That way you avoid a fee and interest.0
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