Balance transfers 0% how soon can you move balances back between 2 cards

swaine

Hello I have a balance in a card but this card is now offering 0% for 12 months before end jan. I'd like to move the current balance off to another card and then in a few days move it balc so I can utilise the 0% for the balance. The fees will be minimal meaning I can pay off my balance in the 12 months but am I allowed to do this? I can't see anything in the terms othwr than not between the same banking groups which it wouldn't be

GrumpyDil

In theory I don't see an issue with this. Hopefully the BT from the card will be no fee assuming it's not an offer on the other card or at least a fee free offer.

However I would say is that if the offer expires at end of Jan you are quite tight to get this done. My last balance transfer request took three days to appear on the receiving card. 

swaine

Ha ha it is cutting it very fine but only just saw it pop up in my app as haven't logged in for a month. But it does say the BT to be requested by 31st so I've just moved it to a card I keep free and it's pending there saying 2 days to complete so will try. The fee is tiny so it's well worth a try as will save me a fortune and mean I can clear it much earlier than planned....if I make it in time of course!
I just wish I'd logged in earlier and seen a 0% offer sooner but you never know. I'll Cross my fingers!

Nasqueron

You could in theory do them at the same time, or maybe stagger a couple of days - with the latter unless you get really unlucky they should process through normally and not end up with the CC in credit. Not really needed here as the money should transfer within a couple of working days and you have 5