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Is it possible to pay off a balance on a 0% BT card and then use the facility

SuzieSue
SuzieSue Posts: 4,109 Forumite
Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
again?

I have just got 2 new 0% no fee BT cards. I am still within the 90 day limit for 0% balance transfers.

I transferred a balance for the maximum allowed(£5k) to card 1 which should have been transferred to card 2.

Can I do a BT of £5k from card 1 to card 2 and then do another BT for £5k from another card to card 1 without losing the 0% period?

Thanks

Comments

  • Dribiddi
    Dribiddi Posts: 119 Forumite
    Sixth Anniversary 10 Posts
    You can do as many balance transfers as you want but means you have paid a set of fees unnecessarily
  • SuzieSue
    SuzieSue Posts: 4,109 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Dribiddi wrote: »
    You can do as many balance transfers as you want but means you have paid a set of fees unnecessarily

    Thanks, fortunately they are both no fee cards.
  • eskbanker
    eskbanker Posts: 37,842 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    SuzieSue wrote: »
    I transferred a balance for the maximum allowed(£5k) to card 1 which should have been transferred to card 2.

    Can I do a BT of £5k from card 1 to card 2 and then do another BT for £5k from another card to card 1 without losing the 0% period?
    Unless there's something one of us has missed, just transferring £5K from the other (third) card directly to card 2 will achieve the same effect, won't it?
  • SuzieSue
    SuzieSue Posts: 4,109 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    eskbanker wrote: »
    Unless there's something one of us has missed, just transferring £5K from the other (third) card directly to card 2 will achieve the same effect, won't it?

    Sorry, I should have said that the 3rd card is from the same lender as the 2nd card which is why I need to transfer the 3rd card to the 1st card.
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