📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Positive Balance On HSBC

Options
If I did a balance transfer to a HSBC credit card and thereby gave it a positive balance, would they transfer the money to a current account or return it to the source? I have heard that MBNA and Capital One are good for this, but I can't find a thread saying if this is possible with a HSBC.

TIA

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What's the size of the proposed fictitious BT? And the size of the resultant positive balance?
  • dm19
    dm19 Posts: 42 Forumite
    Eighth Anniversary 10 Posts
    So the HSBC card would have a balance of 0, I would do a balance transfer of say £2000 from a different card, thus giving the HSBC card a positive balance of £2000. Something similar to this thread:

    https://forums.moneysavingexpert.com/discussion/5401643

    It's just I don't have any of the cards on the thread and was wondering if I could do it with the card I currently have.

    Thanks
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.