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0% switching credit cards

I have never done this-currently with Halifax Clarity. If I did switch would I have to close down the account with Halifax? Or can the new credit card provider just take the balance?

I actually like the Clarity card for some of it's benefits though it doesn't offer the best rate of interest.

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    No. You can keep it open.
  • Ben8282
    Ben8282 Posts: 4,821 Forumite
    1,000 Posts Combo Breaker Newshound!
    The term switching is applied to bank accounts not credit cards.
    You just transfer the balance from the old card to the new 0% card.
    The old account remains open unless you choose to close it.
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