afternoon people balance transfer problem

andyleeds19

first of all happy christmas !! im new here so this is my first post

i have a credit card with 3 k on and im paying 50 pound a month intrest didntt relaise how easy it is getting into debt !!

now im wanting to do a balance transfer and ive applied for all the 0 percent offers and have been accepted in all but only been given 1500 -1700 limit .....should i balance transfer frpm each card to wipe the full debt of my primary credit card ? or is there any other offers out there where i will get a better limit ?

sorry guys im new to all this any info would be great THANKYOU

forgotmyname

Having applied for lots of cards your likely to get even lower limits.

If you have a 0% card or cards then transfer as much as you can and pay off the card charging interest 1st.

You need to budget hard and spend as little as possible to ensure that you pay off the whole lot before the 0% ends.

Otherwise you maybe back in a worse state.

Paully232000

andyleeds19 wrote: »

first of all happy christmas !! im new here so this is my first post

i have a credit card with 3 k on and im paying 50 pound a month intrest didntt relaise how easy it is getting into debt !!

now im wanting to do a balance transfer and ive applied for all the 0 percent offers and have been accepted in all but only been given 1500 -1700 limit .....should i balance transfer frpm each card to wipe the full debt of my primary credit card ? or is there any other offers out there where i will get a better limit ?

sorry guys im new to all this any info would be great THANKYOU

This is a very confusing post.
What have you been accepted for with what limits?one card, more than one, £1500 in total, or on each one you have applied for??

andyleeds19

i have been approved for a 0 percent bank of scotland credit card its linked in with my halifax account when i set it up it says money available 2000 then in a email it says if i have set up any balance transfers i will get a email when its done ...which i filled in on the application does this mean i have a babalnce transfer on its wayy to completion ? and does it mean theres also 2000 on the card as well ? WHICH I WONT BE TOUCHING

andyleeds19

Paully232000 wrote: »

This is a very confusing post.
What have you been accepted for with what limits?one card, more than one, £1500 in total, or on each one you have applied for??

tesco 0 percent accepted 1500
bank of scotland 2000 accepted
lloyds 1500 accepted

Paully232000

andyleeds19 wrote: »

tesco 0 percent accepted 1500
bank of scotland 2000 accepted
lloyds 1500 accepted

thanks that is easier, as they are all 0% offers transfer your £3K from your current card to a combination of these 3 cards, taking into consideration you can probably only BT 90% of the limit including the fees for the balance transfer.

Also look at the fees they charge to work out which one is best, and the length of the BT offer to use the one with the max time for the most money.

andyleeds19

thanks paully