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Balance transfer query
JONLEAD
Posts: 1 Newbie
in Credit cards
So I have an mbma card with approx £2000 on and a virgin card with £0 on. What is my best bet regarding balance transfer? transfer balance to existing virgin card with offer of 0% till feb 2022, and 4% fee, or get 3rd, new card on maybe a better 28 month 0% and 2% fee? Will having a 3rd card matter too much regarding credit score? Even if 2 out the 3 cards at at £0 balance?
Many thanks
Jon
Many thanks
Jon
0
Comments
-
It depends on your speed of repayment.
Any new card will appear on your credit files. Your score is irrelevant, but lenders will view the additional card in light of your wider circumstances.1
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