Can I use a Money Transfer card as a mule card?

alexanderalexander

Simple question really: is there any reason why I can't do a money transfer of say £10k, clear that balance with a balance transfer to another card, and then do a second money transfer of £10k? (I would do all this within the space of about a fortnight).

The only downside I can see is the doubling up of transfer fees, but both cards have low transfer fees and great interest-free periods so it'd still be worth it in this particular case.

[Deleted User]

You can do that, as long as you have the appropriate offer and credit limit.

sazaccount

You can however from personal experience; I used a money transfer with my MBNA card last year (had a regular saver that I didn't realise I couldn't withdraw on throughout the year), where after and even now everything has been paid off for a couple of months it is their standard offer for money transfer cards. No special offers like before with 0% for XX months etc