Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • peejay1977
    • By peejay1977 18th Oct 16, 5:08 PM
    • 1Posts
    • 0Thanks
    peejay1977
    Part transfer of card balance
    • #1
    • 18th Oct 16, 5:08 PM
    Part transfer of card balance 18th Oct 16 at 5:08 PM
    Hi all, apologies if this is a daft question, but, lets say for argument sake I have 2 credit cards, one with a zero balance and one with (for arguments sake) 5000 owing.

    Lets also say for easy reckoning that the oldest 2500 of that 5000 balance is already on a 0% deal which I want to leave where it is. Recent unexpected events have meant I have now added a further 2500 balance to the card.

    My other card provider is offering a good balance transfer deal but my question is, if I do a balance transfer for 2500 to the other card, will it be the newer debt that moves across, or could it be the older 2500 which is already on a 0% deal?

    Again, apologies if this is a stupid question!

    Thanks


    Paul.
Page 1
    • zx81
    • By zx81 18th Oct 16, 5:31 PM
    • 16,831 Posts
    • 17,830 Thanks
    zx81
    • #2
    • 18th Oct 16, 5:31 PM
    • #2
    • 18th Oct 16, 5:31 PM
    It'll be the highest rate debt. If rates are the same, then it will be as per the term and conditions.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

141Posts Today

1,592Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line? https://t.co/kwjvtd75YU

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin