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credit card BT, advise needed
shiwen55
Posts: 124 Forumite
Hi,
To cut the story short, I have used my mom's credit and paying it back (my credit is getting better now). I have just received a BT offer card from Tesco, okay.
One of my mom's card, BOS, is on BT offer until Sep 2019 - I have transferred some of my debt to her TSB for 15 months free interest BT.
Now, my plan is to reduce as much as TSB and keep paying BOS. Dec 2018, I will have a clean credit file so by Sep 2019, I can definitely apply for another BT card and transfer BOS and whatsoever is left.
Or, I can pay as much as I can towards BOS and shuffle between TSB and my Halifax. (TSB 15 months, Halifax 9 months - until cleared)
What do you think? Do you have any advise?
Thanks,
shiwen55
To cut the story short, I have used my mom's credit and paying it back (my credit is getting better now). I have just received a BT offer card from Tesco, okay.
One of my mom's card, BOS, is on BT offer until Sep 2019 - I have transferred some of my debt to her TSB for 15 months free interest BT.
Now, my plan is to reduce as much as TSB and keep paying BOS. Dec 2018, I will have a clean credit file so by Sep 2019, I can definitely apply for another BT card and transfer BOS and whatsoever is left.
Or, I can pay as much as I can towards BOS and shuffle between TSB and my Halifax. (TSB 15 months, Halifax 9 months - until cleared)
What do you think? Do you have any advise?
Thanks,
shiwen55
0
Comments
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Update:
BT BoS and planning to shuffle between TSB and Halifax
shiwen550 -
Can you do balance transfers between Halifax and BOS cards? I didn't think it was possible:
https://www.bankofscotland.co.uk/creditcards/forms/balance_transfer/faqs.asp
http://static.halifax.co.uk/assets/pdf/creditcards/pdf/balance-transfer-important-info.pdfI'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com0 -
Thanks for pointing this out
I used my instincts so !!
shiwen550
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