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Balance transfer a money transfer balance

e467jz
Posts: 4 Newbie
in Credit cards
Afternoon all,
Apologies if this has been covered elsewhere but I couldn't find the answer.
Main question: Is it possible to balance transfer a money transfer balance? Ie if one has a balance from a money transfer on a credit card, could one balance transfer it off onto another card?
Reason for asking is that I have a balance on an MBNA card made up of:
~£500 balance transfer on a 0% promo rate expiring next month
£1100 money transfer on a 3.9% annual promo rate that was done last month
Is it possible to BT the whole £1600? I've got a 0% NatWest BT card ready but I stupidly applied for it too early and the 3-month promo window expires before the £500 will start accruing interest, therefore if I BT £500 now then MBNA may allocate it to the interest-bearing balance, ie. the £1100.
If the answer to my main question is yes, then I'll just BT the whole £1600 onto the NW card.
Many thanks in anticipation of the usual high levels of help given by all the good people on the MSE forums.
Apologies if this has been covered elsewhere but I couldn't find the answer.
Main question: Is it possible to balance transfer a money transfer balance? Ie if one has a balance from a money transfer on a credit card, could one balance transfer it off onto another card?
Reason for asking is that I have a balance on an MBNA card made up of:
~£500 balance transfer on a 0% promo rate expiring next month
£1100 money transfer on a 3.9% annual promo rate that was done last month
Is it possible to BT the whole £1600? I've got a 0% NatWest BT card ready but I stupidly applied for it too early and the 3-month promo window expires before the £500 will start accruing interest, therefore if I BT £500 now then MBNA may allocate it to the interest-bearing balance, ie. the £1100.
If the answer to my main question is yes, then I'll just BT the whole £1600 onto the NW card.
Many thanks in anticipation of the usual high levels of help given by all the good people on the MSE forums.
0
Comments
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Yes, you can do that. Doesn't matter how the balance came about - purchases, MT or BT - all of it can be BT'd away to another card.0
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Fantastic, thanks pal0
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