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Advice: Credit card balance transfers

NYCCP
NYCCP Posts: 15 Forumite
First Anniversary First Post
in Credit cards
Can I transfer my husband's credit card balance to a credit card in my name? 

Comments

  • born_again
    born_again Posts: 21,731 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    Been many posts on this,
    Depends on provider. Hopefully, you are aware that this becomes your debt, if you do. 
    Life in the slow lane
  • NYCCP
    NYCCP Posts: 15 Forumite
    First Anniversary First Post
    Hello, thank you. Yes, fully aware that it would be my debt. I trust my husband of 40+ years 🙂 we are trying to consolidate our cards onto one. It's a shame you can't have a credit card in joint names? 
  • Nasqueron
    Nasqueron Posts: 11,085 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    NYCCP said:
    Hello, thank you. Yes, fully aware that it would be my debt. I trust my husband of 40+ years 🙂 we are trying to consolidate our cards onto one. It's a shame you can't have a credit card in joint names? 
    There are no joint credit cards in the UK

    Consolidation for what purpose - would you save interest vs the fees for transferring?

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

  • Scrounger
    Scrounger Posts: 1,106 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    NYCCP said:
    Can I transfer my husband's credit card balance to a credit card in my name? 
    What card do you have?  - some are more amenable than others

    I recently BT'd 3 of our Santander card balances to my new RBS cc (0% for 12m, no fee) with no problems.


    Scrounger 
  • NYCCP
    NYCCP Posts: 15 Forumite
    First Anniversary First Post
    All sorted thank you. Transferred our balances to Virgin Money. Very impressed with them so far. Thanks everyone
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