Can you transfer a balance from someone else's credit card?

You can transfer a balance from one person's credit card to another. But taking on someone else's debt can be risky.

Is it possible to do a balance transfer from someone else's card?

Yes, but only some providers let you transfer another person's balance to a credit card in your name.

These providers may restrict who you can transfer a balance from. For example, the other person may have to be your partner, family member or close friend.

Only you (the person taking on the balance) can request the transfer. The provider will not allow the other person to make the transfer.

Taking on someone else's credit card debt is a risk. Only make the transfer if:

  • You can trust them to make the repayments

  • You're able are happy to pay off the debt for the other person if they do not or cannot

To cut out interest for a fixed period, you could move their balance to a new 0% balance transfer credit card in your name. But watch out for transfer fees.

Learn more about how a balance transfer works

Who's responsible for the debt once it's been transferred?

Once the transfer has been made, the debt will be in your name. This means you are legally responsible for repaying it.

This does not mean you have to pay off the debt by yourself. The person who transferred you their balance give you the money to pay towards the balance each month.

Before you take on their debt, agree how much they'll pay you every month. Or, get them to set up a direct debit to pay the minimum amount directly to the card company.

Keep a written record of the agreement and every payment. You may have to refer to it should any problems arise later.

How will you be affected by taking on someone else's balance?

If you or the person whose debt you are taking on miss a payment or stop repaying the debt on your card, the credit card provider will chase you for the money.

This could mean you have to:

  • Pay off the balance yourself

  • Pay any interest you owe

  • Pay charges or fees for missed payments

Your credit record will also be affected if you miss payments. It does not matter that the debt originally belonged to someone else.

Why your credit record matters and how to improve it

Find the best credit card for you, whether you're looking for a 0% card for balance transfers or purchases or day to day spending and rewards.