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Balance Transfer from TSB card to Barclaycard Twice?

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I have a balance of just under £5k on a Lloyds TSB card, I was just accepted for a Barclaycard yesterday with 0% on balance transfers for 18 months, if I do a balance transfer from my TSB card over to my Barcalycard to clear the TSB balance down completely can I then then pay off something else with the TSB card and then do a balance transfer from the TSB card to the Barclaycard again?

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  • MorningcoffeeIV
    MorningcoffeeIV Posts: 1,946 Forumite
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    Yes, as long as you're still within the promotional window and have the available credit.
  • Vook
    Vook Posts: 6 Forumite
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    As long as you do it within the initial 0% offer window (60 days maybe) it should work.
  • dawn-c
    dawn-c Posts: 26 Forumite
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    Perfect, thank you both for your quick responses :smile:
  • Brie
    Brie Posts: 10,738 Forumite
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    I'm assuming that by "pay off something else with the TSB card" you mean you're going to pay for something like your car insurance or buying a sofa or something.  So not a transfer of any sort.

    So as long as the Bcard has a sufficient credit limit for the 2 (or possibly more) transfers it should be fine.  Don't forget that there will be the fee for the transfers added as well.  And (stating the obvious) set up a DD for the Bcard for the minimum at least and don't use it for any purchases while the BTs are on there.  
    "Never retract, never explain, never apologise; get things done and let them howl.”
  • MrFrugalFever
    MrFrugalFever Posts: 1,237 Forumite
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    I wouldn't be so certain on this, BC are known for providing several offers monthly but have also only allowed the use of an offer once per month, which means that after the initial BT from your TSB to BC you may find you won't be able to make another until a new promotion appears.
    Save £5k in 2024 challenge #32
    Saved Total = £3,674.64 / £5,000

    Secured/Unsecured loans x 0
    Credit Cards x 7 (total limit £30,250)
    Creation FS Retail Account x 1
    0% Overdraft x 1 (£250)
    Mortgage x £140,059.06 (Payment 1/360)
    Debt = £1,068.00 (0%APR due 12/7/24, 27/10/24, 25/11/24)

    Charity fundraising goal for 2024 = £1,000 for animal rehoming / dog fostering etc
  • daivid
    daivid Posts: 1,243 Forumite
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    edited 9 July 2023 at 11:26AM
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    I wouldn't be so certain on this, BC are known for providing several offers monthly but have also only allowed the use of an offer once per month, which means that after the initial BT from your TSB to BC you may find you won't be able to make another until a new promotion appears.
    Not sure if this is a new phenomenon but I too have noticed numerical limits on BT lately. They may always have existed but all I remember from old cards are time limits and staying within 95% of the credit limit.
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