Should I apply for the personal loan balance transfer at the same time as applying for the new card?

Published 16 May 2024

If your main purpose in applying for the new card is the balance transfer, then yes. You don’t want to incur the expense of a new card (i.e. the annual fee) only to discover that your balance transfer will not be approved. Also, some banks only permit balance transfer applications in conjunction with the new card application, not further down the track.