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Stuck
boo2905
Posts: 129 Forumite
in Credit cards
Hi
I'm wondering if anyone can help me as I'm really confused about what to do.
I currently have an RBS credit card where the 0% interest periods have expired. I had a not so good credit rating so struggled to find a new card to balance transfer to.
I eventually found one recently with Barclaycard where it was 0% on balance transfers for 12 months.
However, my current balance is £1,800 and Barclaycard only offered my £600 until a 6 month review. I have done a balance transfer of £540 which was the most I was allowed. After 6 months I can then apparently transfer the remaining balance but have a 6.9% deal for the life of the balance with no transfer fee. I'm hoping to take my RBS balance down in the 6 months so it won't be the full £1,200 I'm transferring but should I stick with Barclaycard in 6 months and transfering the remaining balance after this time or should I go for another card instead after 6 months?
I'm wondering if anyone can help me as I'm really confused about what to do.
I currently have an RBS credit card where the 0% interest periods have expired. I had a not so good credit rating so struggled to find a new card to balance transfer to.
I eventually found one recently with Barclaycard where it was 0% on balance transfers for 12 months.
However, my current balance is £1,800 and Barclaycard only offered my £600 until a 6 month review. I have done a balance transfer of £540 which was the most I was allowed. After 6 months I can then apparently transfer the remaining balance but have a 6.9% deal for the life of the balance with no transfer fee. I'm hoping to take my RBS balance down in the 6 months so it won't be the full £1,200 I'm transferring but should I stick with Barclaycard in 6 months and transfering the remaining balance after this time or should I go for another card instead after 6 months?
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