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Balance Transfers

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I have a credit card that has 0% interest at the moment but this runs out in a few months and I have around £2000 left on it. I would like to transfer the balance to a 0% interest credit card but I am unsure whether it is better for my credit score to take out another credit card and transfer the balance and pay no interest whilst paying it off. I have another credit card with a balance of £0. I use this very little and always pay this off in full. I don't have a bad credit history and I am just looking to do whatever is best for my credit rating. Any advice would be very much appreciated. 

Comments

  • Pay no notice to your credit score. No one else will.

    Your aim should be to repay at the lowest possible cost. If a new card achieves that, then go for it.
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