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Balance transfer multiple times

Hi there, I am working on a garden project and want to split the costs over time using a balance transfer CC. I will have around £5k in costs but my current spend CC only has a £2.5k limit. I have just been approved for a balance card with a £6k+ transfer limit so my question is can I transfer the full £2.5k from my spend CC to the new card then spend another £2.5k on the spend CC and transfer it again to the balance card? I’ll have spent the additional money within the 60 days transfer time limit I’m just not sure if this is something I’m allowed to do? Thanks

Comments

  • Yes, as long as you're within the promotional window and you have the available limit at the time.
  • Ebe_Scrooge
    Ebe_Scrooge Posts: 7,320 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 8 September 2021 at 3:54PM
    ZX81 has, as always, given an accurate and succinct answer.
    I'm only posting to add - make absolutely sure you can pay off the £5K before the promotional rate expires.  You may be able to transfer any remaining balance to another BT card - but don't bank on it.  And any remaining balance will, of course, attract interest at the lender's standard rate.
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