I'm a newbie to this site and seek your advice if I may? Apologies if these questions have been asked elsewhere.
I am currently putting the cost of a holiday to the US on my Tesco Credit Card.
I am considering doing a balance transfer to another card to pay off the holiday without interest. I am looking at about Â£2000 - Â£2500 onto the Tesco Card.
- Which card would you recommend for a balance transfer? I should be able to pay the debt off in 12 months.
- Am I able to make more than one balance transfer to the new card once I have it? E.g. if I get the card before the holiday and continue to put expenses on the Tesco card on the holiday can I transfer the debt over to the new card on my return?
- I've read that you should never make purchases on the balance transfer card because the charges could be very high. Any thoughts on this?