Selecting specific balances to balance transfer

christhejp

Hi,

Apologies if this is the wrong place to ask this but here goes...

I have a credit card which has two separate balances on it. Balance 1 was part of a 0% interest deal which i took advantage of and i do not wish to do anything with this as it is 0% for quite some time

Balance 2 is accruing interest and i am thinking of getting a second 0% interest card to do a balance transfer to avoid this interest.

Is it possible to select a specific balance, to balance transfer, when there are two different balances - as described above.

If so how would you go about selecting that specific part of the total balance, when applying for the new card?

Thanks in advance!

Dobbibill

When you pay off your credit card, any payment normally goes off the balance incurring the most cost. Checking the cards payment allocation will confirm this.

A BT will have the same effect and will pay off the part balance incurring the most interest just as if you have paid it yourself.