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Balance transfer payment

smiley333
Posts: 27 Forumite
in Credit cards
Hi. This might be a stupid question but Does a balance transfer to a new credit card count as a payment to the previous card? What I mean as as I have to pay monthly payments does the transfer count as a payment. I will make a payment as well but just curious.
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Comments
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Yes. Whether it happens within the right time period, is another matter.0
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Thanks. Yes new card arrived today and payment for nw card is not due til start of Feb as I recieved statement last week.0
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