Balance transfer

savysaver12

Evening,

I have a 9 month balance transfer offer from Vanquis. Took this and went to transfer a balance. Looked like this was successful but now it won’t me do any more and it was only £669 when my available limit is £2,000. I wanted to transfer at least one more balance from another card. It would only be £400. Do you know why this is?

grumpy_codger

Ask them? Check the T&C of the 'offer'?

https://www.vanquis.com/credit-cards/balance-transfer-card/

The minimum amount you can transfer to your Vanquis card is £100. The maximum is 90% of your credit card limit. 

Isthisforreal99

Which card are you trying to transfer from?

savysaver12

It was a fluid one and then I wanted to do a Zable one 

Isthisforreal99

savysaver12 said:

It was a fluid one and then I wanted to do a Zable one 

That's your problem, Zable don't have the facility to transfer a balance out.

savysaver12

Oh really I didn’t know that well as long as the fluid one works that will save me. I do have a small Zoopa one will this work eventually if i can do it again. When I’ve done it before I’ve been able to do them all at the same time 

ManyWays

Zable should be your first card to target to clear, very high interest rate and their practice of offering balance transfers from other cards and then not allowing people to transfer a Zable balance is shocking, just trapping people with their high rates

Isthisforreal99

ManyWays said:

Zable should be your first card to target to clear, very high interest rate and their practice of offering balance transfers from other cards and then not allowing people to transfer a Zable balance is shocking, just trapping people with their high rates

Agree it is poor but the FOS have already ruled on a complaint stating that they did not have to offer such a facility and didn't uphold the complaint.