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0% Money Transfer Balance
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peekinside
Posts: 3 Newbie
in Credit cards
Hello,
This is my first post in the MSE Forum.
I have a question regarding 0% Money Transfer Credit Cards.
If I sign up to one of these offers e.g. Tesco Money Transfer Credit Card @ 40 months 0% interest can I then do a 0% balance transfer to a new Credit Card before the 40 months expires?
I hope I have explained this properly :rotfl:
Thank you in advance
peekinside
This is my first post in the MSE Forum.
I have a question regarding 0% Money Transfer Credit Cards.
If I sign up to one of these offers e.g. Tesco Money Transfer Credit Card @ 40 months 0% interest can I then do a 0% balance transfer to a new Credit Card before the 40 months expires?
I hope I have explained this properly :rotfl:
Thank you in advance
peekinside
0
Comments
-
yes you can if you qualify for one at that time. Once the debt is on a card it doesn't matter how it got there - money transfer, spending, balance transfer - it can just be passed on to another card regardless of original source.
What you can't do is balance transfer to another card within the same organisation.I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
& Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.0 -
Mallygirl,
Thank you very much for taking the time to reply.
Very much appreciated.
:T0
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