Balance transfer frequency?

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Hi everyone I have a quick question.
I transferred about £800 from a halifax credit card to the Santander 0% 27m deal in May of this year.
I’m really annoyed with myself and have ended up spending on my new credit card & now the payments are going to a lot more on new purchases.
My question is - how often can I do a balance transfer? Can I transfer this balance to another card and cut the card up to stop me from
Spending?
Thanks in advance
X

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  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
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    You can do BTs as often as you can get offers to do them.
  • Dobbibill
    Dobbibill Posts: 4,135 Ambassador
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    Make sure you factor in the cost of the fee to BT vs the cost of the interest on the purchases within the timeframe you can pay them off. Don't forget you will incur interest the month after you clear the purchases in full but then will be able to chip away at the debt on the 0% promo deal.
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  • shiny76
    shiny76 Posts: 548 Forumite
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    JT200492 wrote: »
    how often can I do a balance transfer? Can I transfer this balance to another card and cut the card up to stop me from spending?
    X

    It appears the Santander card allows 0% BT with 0% fee throughout the 27 month offer period. Some cards/providers limit BTs to the first 60/90 days - I believe.
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