Transfer 3 balances to 1 card

scorpiolady

Ive got 3 credit cards 2 in hubbys name and 1 in mine and i would like to get a new card and transfer the balances, would i be able to do this?
Sandra

Moggles_2

Originally Posted by scorpiolady
I've got 3 credit cards, 2 in hubby's name and 1 in mine.

As things stand then, your husband has two cards and you have one.

I would like to get a new card and transfer the balances. Would I be able to do this?

There's nothing to stop you from applying for another card in your name and, provided that you're handed a sufficient credit limit, you can transfer all three balances to your new card.

You can switch credit card balances from family, friends or Dave down the pub.
Please bear in mind though, the person whose card the balance is shifted to, becomes soley liable for the debt. If you were to fall out, you couldn't ask the card company to charge him for any remaining balance.

From the lender's perspective, it's not a problem. Customer Services may ask you for the names on the cards, but this is purely an additional verification check. At the end of the day, the card company is after your business. They're not really interested in knowing who ran up the debt, as long as you, their customer, pay up on time each month.