Balance Transfer then take the credit balance out from other card (?)

iamchrisli

Barclaycard recently sent me an email about their latest BT offer
Balance transfer 24 months with 3.4% fee
Money transfer 18 months with 3.1% fee. 

My questions with the fee and length of the offer, I plan to do a balance transfer to Natwest CC, which has no balance there. Then it effectively make Natwest in credit, can I ask Natwest to transfer the credit bank account?  

Is it workable? or has someone else done it before?

Thanks

molerat

There is every possibility that Natwest will reject the payment and possibly close the card as putting the card into credit is against the T&Cs.  This would likely leave you with the BT fee.  Just do the MT over 18 mths, saves the hassle