Best Balance Transfers Discussion Area

paddyposh

Hi Nick, thanks a lot.

I currently owe about £1100 on a Halifax One Card, but as I said the 0% will be up soon. I think I would happily pay £20~ to shift it over to another o% interest card to have longer to pay if off!

I'll have a look at those two

Shrimpy1980

Hi I am new and need some friendly advice. Would anyone be kind enough to look at my thread? It's entitled "Can't get credit card for balance transfer" Thank you so much. Wont allow me to post link here but posted this morning.;)

playingthegame

Where do we find the best 0% balance transfer deals?

playingthegame

If you do a number of interest free balance transfers, does it go against your credit score?

We have done 2 or 3 and wondered if this will go against me.

rolls99

playingthegame wrote: »

If you do a number of interest free balance transfers, does it go against your credit score?

We have done 2 or 3 and wondered if this will go against me.

Well, clearly your score (i.e. chances of being accepted) depend on things on your report other than balance transfers: it would really be down to how sophisticated any automated file searches are, and of course how many cards/accounts you have open - presumably someone physically studying your report could refuse a card/BT based on the fact they would get nothing out of you except the transfer fee.

If you're the company, and there are two customers who you know will pay, but one is more likely to earn you a bit of interest too....

[Deleted User]

Could anyone advise what the best option is for me?

I bought a new TV on an interest free buy now pay later deal and if you don't pay all up within a year it defaults to a monthly payment over 3 years at a pretty high interest rate.

I'm looking at possibly getting a balance transfer card but from reading the various articles I'm unsure if I can balance transfer this TV debt using a balance transfer card.

Can I do this or would I need a money transfer card, if either's possible what's the pro's and con's of both types?

scott_lithgows

[Deleted User] wrote:

Could anyone advise what the best option is for me?

I bought a new TV on an interest free buy now pay later deal and if you don't pay all up within a year it defaults to a monthly payment over 3 years at a pretty high interest rate.

I'm looking at possibly getting a balance transfer card but from reading the various articles I'm unsure if I can balance transfer this TV debt using a balance transfer card.

Can I do this or would I need a money transfer card, if either's possible what's the pro's and con's of both types?

Doubt you could BT the debt,so I would go for a money transfer card OR ask them if you could pay it off early using a CC and then look at getting a purchase card.

thenudeone

playingthegame wrote: »

Where do we find the best 0% balance transfer deals?

http://www.stoozing.com/credit-cards/balance-transfer-cards.php

jackkenny41

m.l. previously said that max of 5000 could be transferred back to lifetime balance of6.9%. incorrect :the max u can transfer is 90% of your credit limit.maybe good idea to increase your limit before.

jackkenny41

you simply cant transfer your partners cards