Balance transfer gone wrong

Bettyboop90

I managed to sort out all my credit cards when Barclays offered me a 6.9% deal. I had £7,000 limit. I managed to put all my other debt into this card. My total balance came to £6,500.

But I did a balance transfer twice on acts. I thought I missed out a balance and did a balance transfer once again 2 days later for £1,000. But only problem was it went through twice making one of my cards in credit by 1,000 but putting me over the limit by £500. Making my Barclays card 7,500 being £500 over limit. When I seen this I made a payment ASAP from my bank of £500 to make sure I got out of overlimit but the. Rang the other credit card about the double transfer so they said they would refund the £1,000 into my bank. I am also going to do another £500 just incase but due to taking a few days to clear I need to wait for it to come into my bank before I can send it back to Barclay card....

But what Is going to happen now? Have I out my 6.9% APR deal in trouble or will I just get a penalty charge? Or even anything worst?

I am hoping becuz I have resolved this quickly within a few days there should not be any problem? What should I do?

Bettyboop90

I was very surprised that they even allowed it. also I just checked my account it it said that I got £200 I'm credit but I went in overlimit yesterday but I made the payment yesterday when I noticed the charge.. Did I pay it off I'm time for it not to do any harm?

Problem is I work 8am - 8pm shifts I can't even call them to sort out. Also alittle worried it might do more harm that good by calling.

Bettyboop90

Sorry writing on ipad and auto correct making my words come out incorrect.

CKhalvashi

Do you have days off?

This will be when it is needed to be sorted out.

If it's the first 'offence', then you may get any charges refunded. If it's more frequent, there may be more of an issue.

Bettyboop90

I am hoping as I paid off quickly it would be ignored or would it be s problems even tho I paid off quickly?

Will they tell me if there is a penalty charge or anything?

CKhalvashi

Bettyboop90 wrote: »

I am hoping as I paid off quickly it would be ignored or would it be s problems even tho I paid off quickly?

Will they tell me if there is a penalty charge or anything?

It would be on the next statement, as over limit charge, and possible default fee, plus associated interest.

You need to call them and explain the situation, and plead to their better nature.

Barclaycard are generally ok, as long as it's not more than once a year.

Bettyboop90

Should I wait for my next statement? or call them ASAP?

CKhalvashi

Bettyboop90 wrote: »

Should I wait for my next statement? or call them ASAP?

The sooner it's sorted out, the better IMO.