Timing balance transfers

I don’t know what to do for the best and am hoping someone on here has some advice or useful experiences to share.

I have 3 0% credit cards and the 0% periods finish next year (April, October and December 2020). I will be able to pay one of them off but I won’t be able to pay the balance off the other 2 by the end of the 0% periods. My original plan was to transfer whatever balance is left to another 0% card. I am also due to renegotiate my mortgage next Summer.

I’m worried my credit card debt and number of cards are going to have a negative impact on my mortgage agreement. I’m also worried that post Brexit I won’t be able to get a 0% balance transfer deal. I am working hard to reduce my debt and the balance owed but it is hard going.

Should I transfer now to stretch the 0% periods further or stick to my original plan and wait until next year? Any thoughts welcome!


  • [Deleted User]
    [Deleted User] Posts: 35,242
    First Anniversary Photogenic Name Dropper First Post
    edited 30 January 2019 at 2:14PM
    Balance transfers will still be available post Brexit.

    It's just pesto, croissants and pizza which will be banned
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