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Multiple balance transfers
Lee27
Posts: 2 Newbie
in Credit cards
Hi,
I'm new to the forum and wanted to get an opinion on the best way to pay off a credit card...
Basically my 0% interest free period is coming to an end and I have had a soft quote for roughly £800 under what I want to transfer over to a new card.
Is it possible to split the balance transfer over two new credit cards (that are both interest free) as opposed to being left with one 0% fee card and one at 17.9%?
Cheers,
Lee
I'm new to the forum and wanted to get an opinion on the best way to pay off a credit card...
Basically my 0% interest free period is coming to an end and I have had a soft quote for roughly £800 under what I want to transfer over to a new card.
Is it possible to split the balance transfer over two new credit cards (that are both interest free) as opposed to being left with one 0% fee card and one at 17.9%?
Cheers,
Lee
0
Comments
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Yes.........0
-
Thanks YorkshireBoy.
Does anyone know if applying for 2 credit cards is close proximity go against my credit rating?0 -
Does anyone know if applying for 2 credit cards is close proximity go against my credit rating?
Multiple applications will not work in your favour (as that implies you are desperate for credit), but if they are both in very close proximity, the first application might not show up yet, while you apply for the second card.
If you get turned down for one (or both) application(s), do not apply for any more cards.0
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