Can I pay off one credit card with another?

Can I pay off one credit card with another? | Credit Card FAQs

Last updated: 28 June 2017

Are you thinking about getting a new credit card but have some questions? Well, the Credit Savvy team are here to answer some of the frequently asked questions so you can be in the know!



You can pay off one credit card with another if you take up a balance transfer offer. A balance transfer allows you to take the balance you owe on your credit card and transfer it over to a new card. The balance is usually charged at a special interest rate that only lasts for a certain number of months. Many providers will require that the balance you’re transferring must come from a different credit provider and some only have special offers for new customers.

Here are a couple of questions you should be asking before you take up a balance transfer offer:

  • What is the balance transfer interest rate and how long does it last for?
  • What does the interest rate revert to once the special offer term is up?
  • Are there any fees?
  • Is there a maximum amount I can transfer?

Remember, every time you apply for a credit card, the lender can check your credit file. This shows up as an enquiry on your credit report (regardless of whether you are approved or declined) and can impact your credit score.


Still have questions? You can read more about what you need to know about credit cards in our Learning Hub.

Looking for a new credit card? You can compare a variety of credit cards in our comparison platform.