Credit Card Balance Transfer - Should I Apply for Another Card?

John678 on 16/03/2018 - 23:20
Last edited 17/03/2018 - 00:40 by 1 other user

I recently transferred $5000 to a zero interest offer however I’ve still got $2000 paying interest, as the card could only take 80% of my total credit limit.

My question is:

Should I apply for a different credit card with 0% interest balance transfer for the remaining $3000, or is it too soon and I would likely be declined applying for credit so soon again?

• 

  Godric on 16/03/2018 - 23:33

  +1

  do it

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  p1 ama on 17/03/2018 - 01:40

  +1

  You should never be paying interest on a CC. Rolling over debt is a very common way of getting into financial trouble.

  • 

    Diji1 on 17/03/2018 - 02:10

    Given that most users fail to do this perhaps they should avoid using a credit card and pay cash!

    • 

      CyberMurning on 29/09/2019 - 19:50

      Cant do that when apple still releasing and selling iPhone each year. I just want the latest the best apple gadgets. Doesn't matter if I can afford or not. Must must

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  iforgotmysocks on 17/03/2018 - 07:38

  +2

  You can do whatever you put your mind to, I believe in you.

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  Ocker on 17/03/2018 - 08:44

  Ask mum