I have a 0% credit card with Virgin with a balance of £4,297 and a limit of £11,200.
0% deal ends in November.
I have a second credit card with MBNA with a balance of £2,391 and a limit of £7,900. The 0% deal finished last month.
Both card providers have offered me 0% balance transfer deals.
Is there any way to "swap" the balances? If I transfer the MBNA balance to Virgin first, will Virgin allow me to transfer the interest-bearing amount out? I'm sure I read something that lenders had to take any payment off the highest interest element first..?