Does money transfer count towards a balance transfer?

jimmy_boy81

Hi guys a quick query


I am buying a house and my solicitors will not allow me to pay the stamp duty by credit card and they need the money directly.


I have a card with Tesco bank which allows for money transfers. However if I use this facility if I apply for a balance transfer will this count towards the total balance or will it only apply to purchases?


Thanks in advance

[Deleted User]

Any tranaction will be reflected in the total balance. Interest will be applied according to the tranaction type.

jimmy_boy81

Deleted_User wrote: »

Any tranaction will be reflected in the total balance. Interest will be applied according to the tranaction type.

Ok so if I use the cash advance that essentially means my balance is currently x and with the amount added will be y and when it comes to transferring all the new card is concerned with is Y?

[Deleted User]

Yes. And will then become Z on the new card.