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Original poster

Balance transfer

2 replies

newyearsresolurion · 29/10/2022 23:37

4 months ago I applied for a new credit card to transfer the debt from my original credit card to pay it off interest free . I did transfer the money. Now I have a new offer from my original credit card for balance transfer zero percent- for longer period than the other card. Am thinking of transferring the money back to the original card to pay less monthly but longer interest free. My question is will this affect my credit? Bearing in mind am not applying for credit. Another question : is it worth spending on another one off payment to transfer the debt back? TIA

OP posts:
bloodyeverlastinghell · 29/10/2022 23:42

I think I'd stick with the card you got four months ago and keep it until a month or so of the end of your no interest deal. Then consider transferring the balance interest free. These deals are always available. I know my credit card with the bank of scotland has been offering me interest free transfer for at least a year since my interest free period ran out.

Original poster
newyearsresolurion · 29/10/2022 23:44

Thank you for your reply. Will wait till next year xx

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