Credit Cards: No balance transfer offers available
Credit Cards: No balance transfer offers available
Author
Discussion

t1grm

Original Poster:

4,657 posts

313 months

Tuesday 13th July 2021
quotequote all
I just finished paying down my Barclaycard because I wanted to use the credit for some balance transfers related to home improvements. All the time there was a balance on the card they were offering me 0% for about 18 months on balance transfers with a 2% transfer fee. Since I paid the card off to zero a couple of months ago all the balance transfer offers have disappeared. It's almost like they won't offer you any balance transfer deals unless you already have a balance on a card. Is this a thing with banks? I was thinking maybe making a purchase on the card may bring back the balance transfer offers?

Sarnie

8,368 posts

238 months

supertouring

2,228 posts

262 months

Tuesday 13th July 2021
quotequote all
I get offers on most of my cards, whether I use them or have a balance on them or not.

I suspect it is all down to the type of customer they think you are, based on spending patterns etc, so you may have just fallen of their radar.

supertouring

2,228 posts

262 months

Tuesday 13th July 2021
quotequote all
Sarnie said:
I have had a couple of cards suggest a lower limit, but I just contact them and tell them I want to keep mine or even ask for an increase. Never been refused.

t1grm

Original Poster:

4,657 posts

313 months

Tuesday 13th July 2021
quotequote all
Cheers. At 3.4% I might just opt for a bank loan.