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Barclaycard Platinum

Hi

So I've just be accepted for the barclaycard platinum 36 month balance transfer card. I have a quick question.

I have a capital one card with about £800 on which will be going over to the barclaycard at 0%. This will mean my capital one is now empty with a £1000 limit.

If i spent the £1000 on the capital one could I then do another balance transfer and get the 0%. It says that as long as transfers are completed within 60 days from opening then I get the 0% BT.

This would effectively give me an interest free purchase of £1000 on my capital one card for 36 months .

Cheers
£10 a day - 2015 - £1173.06


check out ukroadcycling

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kartingmad wrote: »
    Hi

    So I've just be accepted for the barclaycard platinum 36 month balance transfer card. I have a quick question.

    I have a capital one card with about £800 on which will be going over to the barclaycard at 0%. This will mean my capital one is now empty with a £1000 limit.

    If i spent the £1000 on the capital one could I then do another balance transfer and get the 0%. It says that as long as transfers are completed within 60 days from opening then I get the 0% BT.
    Yes, you can.
    This would effectively give me an interest free purchase of £1000 on my capital one card for 36 months .
    Well, this is ignoring the BT fee.
  • FIRSTTIMER
    FIRSTTIMER Posts: 637 Forumite
    correct u can
  • So if i spent the £1000 on the card i can balance transfer it.

    What if i was to draw the cash out at the hole in the wall can i then transfer the balance over to my barclaycard???

    thanks
    £10 a day - 2015 - £1173.06


    check out ukroadcycling
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The same, but you'll pay the cash advance fee and the interest from day 1 until the transfer is processed.
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