We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Card transfer advice
mrbman
Posts: 12 Forumite
in Credit cards
Hi All,
I transferred £1000 6 month ago to a 36 month interest free from tesco.
I now want to transfer another £1000 on an offer they have given me on more credit up to next december.
Which balance will be cleared first the 36 months or the 1 year interest free.
I transferred £1000 6 month ago to a 36 month interest free from tesco.
I now want to transfer another £1000 on an offer they have given me on more credit up to next december.
Which balance will be cleared first the 36 months or the 1 year interest free.
0
Comments
-
Usually that part of the balance which will attract the highest interest will be paid first. If both have the same APR my guess is that the part with the longest to run will be paid first but don't quote me on that. Probably give them a ring and ask.0
-
General practice is for it to come off the balance where the promo rate finishes first. But check your t&cs.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards