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27 May 2009

Balance transfer - any consequences for "source" card / account ? (other than having a nice empty c.c. account)

None of this multitude of articles promoting 0% balance transfer cards (repetitively promoting the same three, Virgin etc.) have mentioned what I would have thought is an obvious question to the ignoranti, like me, which is are there any charges involved in the "source" card when the debt on it gets cleared out to another card. . (A separate question, can you transfer (mutatis mutandis) from MC to MC, Visa to Visa, and between Visa and MC, equally easilly? .

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