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Mulitple BT's

Having just moved a debt from a Barclaycard to a new 0% card, so I wait until I get a statement from BC before I think about doing a BT onto that card? (assuming I get a good deal) Even though I've cleared the card, am I right in thinking that interest is still applicable on the old debt?

Also, can I put a block on the card so that nothing new is spent on it?

Comments

  • Bokkens
    Bokkens Posts: 505 Forumite
    RavingMad wrote: »
    Having just moved a debt from a Barclaycard to a new 0% card,
    so I wait until I get a statement from BC before I think about doing a BT onto that card?
    (assuming I get a good deal) Even though I've cleared the card, am I right in thinking that interest is still applicable on the old debt?

    Also, can I put a block on the card so that nothing new is spent on it?

    a/ I understand you have moved a debt off barclaycard to a ne card at 0%,the next bit is confusing why would you want to do a BT to it as this would create a debt on your Barclaycard that you have just cleared?
    You may get a small interest charge on the amount you had on your Barclaycard before it was moved.
    You cannot normally block a card unless it is a shared account and you are the main account holder and you are blocking another associated cardie.your son/daughters card.If you want to block your own card to stop yourself from using it just cut it up.
    I hope that helps if not post again.
    Previously known as Bokken,registered at MSE in Nov 04,computer glich deleted my access but it is fun building up my stars from scratch,again.:D
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