Can someone tell me how credit card fees for balance transfers work please? e.g. If I have a credit limit of £8,000 and the fee for a balance transfer is £50, then would I only be able to transfer £7950 so that the fee didn't take me over my limit? Then is the fee added to the card balance and paid off over the 6 months 0% period or does it have to be paid as a one off on the first statement after the balance transfer is made? I am assuming of course that if the fee is added to the balance, then it is at the same 0% rate as the balance transfer?
Sorry to sound dim - I've made balance transfers aplenty but always without a fee up until now.
TIA
Ly