Transfering away and then back for 0% offers

LeonardB

I have 2 credit cards.
Card A) £13k limit, £10k balance (high interest)
Card £3k limit, 0 balance

Both are doing 0% balance transfer offers at the moment and I want to take advantage of them to make a dent. I can't get it all on card B and they won't increase my limit.

My question - if I transfer £3k at a time from card A to B, can I transfer it back to card A and still get the 0% on balance transfer rate on card A?

Are their systems sophisticated enough to spot that? I would just try, but there are one off transfer fees which make it expensive.

Card A is a Halifax card, if that is helpful.

Any and all assistance is much appreciated.

molerat

No reason why not. Have you worked out the cost of transfer fees ? What is card B ?

LeonardB

HSBC, not the same stable.

I just don't imagine I'm the first person to think of this!

Candyapple

Can you not increase the limit on card A (Halifax)?

Yes you can do the balance transfers as many times as you want, just be aware of the transfer fees as has already been pointed out.