Transfer an Existing Balance Transfer to another Bank’s Balance transfer deal

eskbanker

HappySad said:
I thought that a balance transfer amount offered would be separate from the credit you can make purchases. I thought if I transfer my balance for say £2,000 then pay it off. That card would then be left with the ability to borrow £2,000 for purchase. 

A card provider will offer you a credit limit, reflecting underwriting risk, etc, and may also permit a balance transfer of a subset of that limit (typically no more than 90-95%), so once a BT has been paid off, you still have the same credit limit for other transfers or purchases, unless they subsequently choose to adjust it in either direction of course.