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Balance transfer card- money transfer
ozdemirozgur
Posts: 120 Forumite
in Credit cards
Hi,
I have a virgin credit card, to which I had moved some balance from another credit card, and also used its cash facility. But their interest free deadlines are different. So as an example, the deadline for the money transfer is 30/09/2014 with balance of 2K, but it is for credit card transfer 31/12/2015 with balance of 1K.
I talked to the bank as the first deadline is coming, they said that if I pay right now, it will pay the balance transfer account as it was the first transaction on my account. The only way to pay for the money transfer is to wait until the deadline, and then pay 1 day interest, so it will be paid first.
can you advice please if there might be any other option?
thanks, Ozgur
I have a virgin credit card, to which I had moved some balance from another credit card, and also used its cash facility. But their interest free deadlines are different. So as an example, the deadline for the money transfer is 30/09/2014 with balance of 2K, but it is for credit card transfer 31/12/2015 with balance of 1K.
I talked to the bank as the first deadline is coming, they said that if I pay right now, it will pay the balance transfer account as it was the first transaction on my account. The only way to pay for the money transfer is to wait until the deadline, and then pay 1 day interest, so it will be paid first.
can you advice please if there might be any other option?
thanks, Ozgur
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