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    • GGNanna
    • By GGNanna 11th Jul 18, 10:46 PM
    • 1Posts
    • 0Thanks
    GGNanna
    Credit Limit doesn't cover balance transfer
    • #1
    • 11th Jul 18, 10:46 PM
    Credit Limit doesn't cover balance transfer 11th Jul 18 at 10:46 PM
    I have a credit card with a large limit. I've applied for a 0% balance transfer credit card, which i have been accepted for, but the credit limit does not cover the amount i want to balance transfer.

    Do i apply for a second 0% balance transfer or do i just pay work with the lower limit? I'm worried that i'll now be paying more per month for the 2 cards than what i am paying just now on 1 with interest.

    Any suggestions/ advice is greatly appreciated.
Page 1
    • MallyGirl
    • By MallyGirl 12th Jul 18, 9:28 AM
    • 2,954 Posts
    • 7,949 Thanks
    MallyGirl
    • #2
    • 12th Jul 18, 9:28 AM
    • #2
    • 12th Jul 18, 9:28 AM
    You won't be paying more - how could that be?

    BT as much as you can to the 0% card which will bring down the min payment on the interest incurring one. Pay the min to the 0% one and throw everything you have to clear the one not on 0%
    I'm a Board Guide on the Debt-free Wannabe, Loans & Credit Cards boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Board guides are not moderators and don't read every post. If you spot an inappropriate or illegal post then please report it to forumteam@moneysavingexpert.com
    Any views are mine and not the official line of MoneySavingExpert.com.
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