Has anyone tried multiple balance transfers?

Gyongyver

Hi, I owe money on two credit cards, but one is all at 0%. . I have balance transfer offers on both cards (barclaycard and halifax). I would like to transfer 1000 backwards and forwards 14 times until all the balance on the barclaycard is at 0%, without affecting my long 0% on the other card,(also has the benefit of reducing the fees). Has anyone tried doing this? Do they withdraw the offer after you have made a couple of transfers?

Sea_Shell

Before you do anything (and it really is a muddle from your post WHAT you're trying to achieve)

Are these 0% Balance transfers FEE FREE transfers???

[Deleted User]

What?

More details required, as well as posting in the correct forum

Mnd

This seems pointless, making some assumptions, you are paying interest on the barclaycard, not on the Halifax.
So if the BC balance is £5k and you transfer £1000, you reduce the balance to 4k, and then transfer it back, making it 5k again, plus possible 3% transfer fee both ways, so that will cost you £60 to be back where you started.

By all means explore the possibility of transferring from your barclaycard to your Halifax, if that is at 0%, but don't over complicate this.

Also ask to get thread moved to credit card board

Wheres_My_Cashback

Sunday afternoon...yawnnnnnnnnn !