Is this worth doing?

Silaqui

Hi everybody.
I was wondering about everybody's opinions really. I have 2 cc's.

I have an A&L card, with a debt of about £2,100 and credit limit of £3000. The minimum payment is usually around £50, but I tend to pay £100 a month off (as much as I can afford). APR16.9%, monthly interest 2.2%

The other is a Barclaycard, which is clear, but has a credit limit of just £330. I've had this card for ages and can't find any of the original bumff, but it says on the front that the purchase annual rate is 24.9%, and the cash annual rate is 27.9%.

I have applied for a 0% balance transfer card, but doubt that I will get it. (For some reason my credit seems to be really low, even though I have never missed a repayment and am a reasonable earner).

I have looked at the Barclaycard loophole article, which looks really good and would save me a bit of money.

[FONT=&quot]I rang Barclays and they said that although they can't increase my credit limit, they could take £290 of the debt at the lower rate.

Would this be worth doing? It would mean having different payments again which I wanted to avoid, but I would benefit from the lower rate even just on some of the balance.

I suppose I could keep paying it off, and then keep transfering more and more over as I pay it off? Would that work? Would the saving be worth it?
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Moggles_2

I've answered this question for you on the Best Balance Transfers sticky where you first posted.

Btw, in case you are not aware, Barclaycard now provides good online services. If you register your details on the site, you can monitor your monthly statements and make payments at any time. 'Should only take you a matter of minutes once a month.