Barclaycard Offer

BertieB1977

Hi
I already have an offer running on my Barclaycard at 6.9% interest until the balance is cleared, I have now being offered the same offer by Barclaycard again if I transfer another balance.


What I want to know is can I have both offers running at same time...ie...I'll pay 6.9% on the WHOLE balance once I transfer my other half's balance onto my Barclaycard


Thanks

Sunshine62

Yes they can run at the same time.


Just a question, I didn't think you could do an actual balance transfer from someone elses card ? Balance transfers can only be made in your own name? ....although there are other ways of moving the debt I suppose.

Serendipitious

Yes you can have two transfer offers running at the same time. They might well show separately on your statements as one will have commenced earlier than the other, and if this is so, then I assume your payments will go off the one that started first.

BUT I don't know what you mean by transferring 'my other half's balance.' If you mean another person's balance from a card in their name elsewhere, you had best check whether that's permitted. Some card companies will only do BTs for cards held in your own name. Don't know about B/Card but it will be in their terms and conditions.

BertieB1977

Thanks guys

jo-bo

Done it many times with barclaycard, I've transferred my cards with other providers onto my husbands barclaycard and vice versa.

Sharon87

Yes you can, just don't do what I stupidly did and do a 6.9% life of balance transfer when I had a 0% deal still going on - as it pays off the 6.9% first, leaving the 0% at the same balance until it expires... stupid me eh!

CalumHeath

Yeah, any payment you make will be allocated to the balance with the largest interest rate. If you have two (or more) balances at the same rate, your payment will be applied to balance whose promotional offer is ending soonest - this is in the terms and conditions and is explained clearly on your monthly statement.

Don't forget to pay off the balance (or transfer away) at the end of the second promotional period.

MABLE

Sharon87 wrote: »

Yes you can, just don't do what I stupidly did and do a 6.9% life of balance transfer when I had a 0% deal still going on - as it pays off the 6.9% first, leaving the 0% at the same balance until it expires... stupid me eh!

Very useful post and something I may have fallen foul of.

12_month_challenge

Sharon87 wrote: »

Yes you can, just don't do what I stupidly did and do a 6.9% life of balance transfer when I had a 0% deal still going on - as it pays off the 6.9% first, leaving the 0% at the same balance until it expires... stupid me eh!

Me too another lesson learned by me

Sharon87

Good to know I'm not the only one who made this mistake! Lesson learned!