We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

min amount to balance transfer

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?

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Generally, where such a limit is quoted it's £100.

    But why not check a few providers' websites?
  • fozmcfc
    fozmcfc Posts: 3,098 Forumite
    Part of the Furniture Combo Breaker PPI Party Pooper Debt-free and Proud!
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.