Transfering Credit card Balences ?

[Rower]

I do not tend to use credit cards so I am a bit green when it come to promo's offering free transfer of balances. basically I have 2 credit cards an Amex and a Barclaycard , Barclaycard took over a Morgan Stanley card I took out a year or so ago , they have just offered to take any other card balance and let me have it interest free until July. From what I can see see the interest on the Barclcrd is a couple of points higher than the Amex , but i do pay an annual fee for the Amex, What is the opinion of the PH collective ?

Rower

Edited by Rower on Thursday 16th October 15:17

[Ozone]

www.moneysavingexpert.com

Look at the latest card offers and see which suits you best.

[Clammy]

Depends on the size of the transfer and when you intend paying it off by.

You might want to have a look at another option too:

http://uk.virginmoney.com/credit-card-v3/balance.h...

[walm]

Note that Barclaycard will charge you 2.5% of the balance you transfer. And remember that if you use the card for any purchases and rack up a balance - when you come to pay it off they will pay off the interest free portion first.