8 thoughts on “What you need to know about balance transfer cards

  1. Drew

    Good reminder about applying for credit cards. It dings your credit score every time and if you do it too often, it can actually change it.

    Reply
  2. Idon irwin

    I have found that Experian is the best. But when I try to log in with my address it gives me the wrong address as it should be only as it’s on my electoral role. How can we change it to the exact way it is written on my electoral role. All other agency’s have it written properly, and that is why I have an excellent score rating. Can you help

    Reply
    1. CreditExpert Neil

      Hi Idon, thanks for your kind comments about Experian! We can get the format of address that your electoral roll details are recoded under checked for you. Email your details, (name, DOB and address) to uksocialsupport@experian.com I look forward to hearing from you. Kind regards Neil.

      Reply
  3. Bryan

    If I have 2 credit cards- 1 that I can draw cash out of and 1 that can’t- and do a balance transfer to the one that can draw cash- can I draw this money? Thanks

    Reply
    1. CreditExpert Neil

      Hi Bryan, generally a balance transfer can only be used to transfer existing debt from one card to another and there will normally be certain conditions that need to be met. Your card issuers should be able to tell you if they can help you with other options. Kind regards Neil.

      Reply
  4. DANIELLE

    Can I transfer the balance of 1 card onto 2 other cards? I’ve been accepted for 1 but concerned I won’t be able to transfer the full amount. Not sure if I should apply for another?

    Reply
    1. CreditExpert Neil

      Hi Danielle, this would be up to your card provider, and each card provider can have different conditions. You may want to check with your card provider and see if they will be able to accept the transfer or not.
      Kind regards Neil.

      Reply

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