0% balance transfer card after recent mortgage

Mata08 · 4 December 2015 at 7:12AM

This week I completed on a new mortgage. I have a virgin credit card with 4k used on a 7k limit and I would like to balance transfer this to the Halifax 0% card. My new mortgage is also with Halifax so should I hang off a few months before doing this or should it be ok to apply just now?

Thank you

[Deleted User] · 4 December 2015 at 9:04AM

You could try now, but if rejected, leave it a few months.

lee111s · 4 December 2015 at 9:29AM

I'd also imagine you're not yet on the electoral register at your new property. I'd wait until that was updated at least.

class2ldn · 5 December 2015 at 10:51AM

Ive just been accepted with halifax for a 21 month 0% credit card with no fee and I've only been in the property a month. My mortgage is also with halifax and they've instantly given me a 7k credit limit so it is possible. I asked a similar thing last month aswell lol

Mata08 · 8 December 2015 at 9:16AM

Thanks very much for replies, class2ldn hopefully a similar result to you then 👍

Sharon87 · 8 December 2015 at 1:01PM

I've been turned down for a current account because I had just moved into a property, so I would wait for at least a month or 2. You don't want to be rejected and have another credit search on your record, which could prevent you from getting credit for the next few months.