Advice required please?

makershaker

Ok i'm getting lost on all these 0% this and thats, heres the deal-

I have 2 credit cards and have spent on them both-

Halifax One currently at £700 (interset free until March 08)
Capital One currently at £1900 (interest free until May 08)

Basically i gotta switch the Halifax balance ASAP, and then i'll have to get another card before the other interest free period runs out.

I fancy transferring both balances onto the Virgin credit card aand then snapping the card up and just pay back the balance interest free. I then was planning on applying for the HSBC card to use for occasional spending (12 month interest free) and paying it off in full before the end of the 12 month period.

Would i be wise to do this or can anyone suggest any better options?

Phantom_Flan_Flinger

Seems sensible.

Just remember the 2.98% BT fee, which works out around £74 if you transfer the balances you've mentioned.