Thursday, March 19, 2009

Balance Transfers

Why does it feel like banks are out to get you for everything you have?

I have recently put through a balance transfer from Card 5 to Card 2 (haven't updated my credit card list yet). The amount is now listed as owing on Card 2, but is still listed as being outstanding on Card 5! This has happened with other balance transfers before, it seems that it stays on both cards for a day or so. Very frustrating … as I’m sure I’m being charged interest on both amounts!

1 comment:

Louise said...

it's a bit confusing isn't it, I'm going to do another transfer if I can't get my cc paid off in time, they really do save a lot in interest.