can i....

sazaccount

Hi lovely forum people...

I am currently planning an ATW trip leaving in Jan 15, I'm thinking that I will need to book my flight soon however I'm not going to have the cash for another 6-8 weeks. I paid off my last CC card 10 days ago.

I've been looking at getting a cash back card as I'm thinking on £1000 of flights I might as well get a small amount back, however none of them really give an interest free period.

So can I... book my flights on a cash back card and then do a balance transfer to another card?? (Thats if I'm accepted for 2 cards :rotfl:)

Thanks

sazaccount xx

Ebe_Scrooge

Yes - assuming you're accepted for both cards, no problem.

However .... will the cashback be worth more than the balance transfer fee ? If not, then it's not worth doing.

sazaccount

Thanks Ebe Scrooge, I had completely forgotten about the fee I knew I was too good of a plan for me!!! lol

Ebe_Scrooge

I'm not saying it's not a good idea - you just need to do the sums carefully to see if it'll be worth your while

The other thing to think about - you say you'll have the cash in 6 - 8 weeks ? Is it worth buying the tickets, getting the cashback, pay the minimum payemnt to the card on the first statement, then paying it off in full the next month ? Obviously you'll pay interest for the first month, but again, it may be worth it overall ?

thebritishbloke

As has already been said, the fee for BTing will almost certainly outweigh any cashback benefit. I would just try and apply for a 0% card.