If you have recently, made a balance transfer from one credit card to another, did you read the small print of your credit card agreement? The answer is more than likely to be no.
However, do you realise the consequences of missing the monthly payment date for your new credit card? This could, in many cases, see your new 0% balance transfer deal withdrawn.
Many of the UK credit card companies have now included this term in …. Read More »
Do you need to make a balance transfer of your current outstanding balance, from one credit card to another?
If so, then you need to watch your dates carefully, in order to get the most out of your balance transfer.
Have you recently applied for a new 0% balance transfer credit card? If so, then you may have chosen to request the balance transfer at the same time as when you applied for the new card.
…. Read More »
When you are looking to get a new 0% balance transfer credit card, it makes sense to have a look at your existing credit cards, and the credit limits you currently have on them.
When a credit card company is assessing your application for a new 0% balance transfer credit card, part of the process will involve looking at the existing lines of credit that you currently have available to you.
The credit card company …. Read More »
There is lots of choice in the UK credit card market, although not as much as there was several years ago. We currently list around 60 0% balance transfer credit cards. These cards have 0% introductory rates of up to 31 months on balance transfers.
This may seem like a huge number of credit cards to choose from. However, you may have far fewer credit cards available to actually make a choice from. This applies especially, if you wish to …. Read More »
Have you applied for a new credit card intending to carry out a reasonably large balance transfer. If so, then you may well find yourself happy to have been accepted for your new credit card.
However, you may also then find yourself disappointed with the initial credit limit that you have been given. You may have received a £4000 credit card limit, but want to make a £5000 balance transfer, for example.
In these circumstances, we have …. Read More »
Are looking for a new balance transfer credit card? Or have you just transferred your outstanding balance to a new credit card with an introductory 0% deal on balance transfers.
If so, then you do need to pay close attention to the credit limit that you have been given.
The credit limit you are given by the credit card company determines the maximum balance transfer amount you can actually transfer. In addition, this credit limit …. Read More »