We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Barclaycard Balance Transfer - Same card twice?

In April I balance transfered two debts from my NatWest and HSBC credit cards to my Barclaycard at the existing customer rate of 6.9%. Since then I have had to use the HSBC credit card again and now have a balance of £400 on it. The interest rate for this card is 18.9% so I'm obviously keen to reduce this.

My question is, would I be able to balance transfer this debt on to my Barclaycard, even though I have balance transfered a debt from this card to my Barclaycard in the past? Would it still do it at the 6.9% rate?

I have read the Barclaycard website, balance transfer terms and conditions etc but there is no mention. (I won't take this as meaning 'Yes', because there is also no mention on their terms and conditions that despite when you make a payment onto your card, it doesn't get deducted from the balance until the end of the month. But it still happens :rolleyes:)

Comments

  • exel1966
    exel1966 Posts: 4,989 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Ring Barclaycard and ask them what rate the additional £400 will be charged at ? Your introductory offer may still be valid for future transfers, it may not. Only Barclaycard will be able to answer your question.
  • somnerd13
    somnerd13 Posts: 78 Forumite
    exel1966 wrote: »
    Ring Barclaycard and ask them what rate the additional £400 will be charged at ? Your introductory offer may still be valid for future transfers, it may not. Only Barclaycard will be able to answer your question.

    It isn't an introductory offer, it is an existing customer offer that has been around for years and can be used at any time. I am not asking if the additional £400 will be charged at that rate (Well I am, but it isn't that simple). I am asking if it is possible to do a balance transfer from a card that has already been balance transfered from in the past, onto the same Barclaycard. I am asking here as this offer is quite popular and others may have already done this.

    I am very helpful for you trying to give me advice but it just feels like you haven't read my question at all. :confused:
  • exel1966
    exel1966 Posts: 4,989 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    somnerd13 wrote: »

    My question is, Would it still do it at the 6.9% rate?

    quote]

    As i said before, ONLY Barclaycard can tell you that ! I did read your Q !

    I know it's an existing offer, wrong choice of word (introductory).

    Yes you can do more than one BT from one card to another.
  • nomoneytoday
    nomoneytoday Posts: 4,866 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Only Barclaycard know the answer...

    However, the interest on £400 is about £6 a month won't be that much if you pay it off quickly :)
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347.2K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.8K Spending & Discounts
  • 239.5K Work, Benefits & Business
  • 615.4K Mortgages, Homes & Bills
  • 175.1K Life & Family
  • 252.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.