Question regarding Balance Transfers

ltm07

Hi,probably the wrong board to post on but hopefully someone can help me. OH applied for a Barclaycard & was accepted,as I have been turned down from the last 2 CC's that I have applied for. The APR is 6.5% for LOB. We have an overdraft of 13.35% & I have a Mint card at 12.9% which I owe nothing on. I can pay off the overdraft with Mint card,but would OH be able to transfer the balance of the Mint Card onto her Barclaycard, as the Mint card is in my name? Thanks In Advance.

poorandindenial

Haven't got the foggiest but get hubby to give them a call and see if he can do a balance transfer from a debt that isn't in his name and see what they say.

ltm07

poorandindenial wrote: »

Haven't got the foggiest but get hubby to give them a call and see if he can do a balance transfer from a debt that isn't in his name and see what they say.

Thanks but I am the hubby(well the man of the house anyway:rotfl: )!! I get your point though! Thanks for replying, I am also the 2nd cardholder on the Barclaycard but only OH can activate the cards,does that mean she is the only one who can Balance Transfer too ?

poorandindenial

Sorry LTM

Haven't got the foggiest about that either, I suspect different cards have different policies - the missus could ask when she activates.:D

ltm07

Thanks ha ha that made me chuckle this morning! Missus just got up as she has been on nights,so she's gonna activate the cards when she's come around! Thanks again for replying!!

oscar52

Shouldnt be any problem. Companys do ask if the other card is in your name, but they have no why of checking really. MBNA (who I work for) do a lot of paper balance transfers - aplications and those little slips that come with statements. We also get a lot of internet requested transfers - in total roughhly 5000 a day - we wouldnt be able to verify if all cards were in the same name!! We never actually check that the other card is in the same name.

ltm07

Thanks Oscar,if she can transfer then all of our debts are below 10%,so will be well pleased! Will let you know how it goes. Thanks to you both foryour advice.

ltm07

Oh has activated the Barclaycard & transfered £2,350 onto it from my Mint card:j ! So apart from a few £100 everything will now be below 10% once the BT has gone through:j :j !!