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0% moving stuff around

magpies79
magpies79 Posts: 429 Forumite
Fifth Anniversary 100 Posts Name Dropper
So just want some advice if this can work and makes sense……

So credit card 1 has £700 on it 0% ends in 1 month was at £2,500 but now have a new offer on the card for 12 months 0% 3% fee 

So I do have a RBS card with 0 balance but no offers but I can transfer to this card 0 fee at the standard rate 23% could I take transfer that £700 off then put it back on the card with the new offer of 12months 0% 
£2820/£4000 0% 24 months pay £150 HSBC
£2,100/£3000 0% 27 months pay £150 M&S
£3,050/£4000 0% 27 months pay £150 HALI
£2,200/£7250 0% 14 months pay £60  RBS
£990/£2000 28% Zable closed  £60 
mortgage £22,000/£89,000 2 years left 

Comments

  • moneytorques
    moneytorques Posts: 263 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Are you Sure the RBS card with no offers will charge you a 0% fee?
  • magpies79
    magpies79 Posts: 429 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    That’s what it says on the app 
    £2820/£4000 0% 24 months pay £150 HSBC
    £2,100/£3000 0% 27 months pay £150 M&S
    £3,050/£4000 0% 27 months pay £150 HALI
    £2,200/£7250 0% 14 months pay £60  RBS
    £990/£2000 28% Zable closed  £60 
    mortgage £22,000/£89,000 2 years left 
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