Marky-San

Say you open an account with EGG, then use the interest free period, then close the account. Can you return to them again, or is there a time you have to wait. I'd like to do the interest free offer again, but doubt I can do it.

Also, can you get another card from the same source i.e. currently with Halfords (MBNA) - can you get another MBNA card or is that a no-no?

Anyone done this sort of thing?


PS - any good 0% balance transfer companys out there at the moment? Currently being humped with a Halfords card through MBNA.

imlach

So long as you close your credit card acct completely, you can rejoin again at a later date to obtain the promotional rates. In the case of Egg, I think it is 6 months after you cancelled your last credit card to get the 0% offer again.....I've done this before.

Tiggs

to answer your 2nd question ...yes.

MBNA will give you more than one.

Fuzz

Most cards seem to want a six month period...

I applied for an "online" hsbc card and another HSBC card late January because they had 0% interest deals on.. Have not had any paperwork through yet though and the deal ended on the 31st.. Hope thay still honour it... (as I sent the paperwork in before deal closure time (about a week before)
£4000 credit limit too
That's half of one of my current cards then


Andy

Fuzz

but you cant pay off one with the other


Andy

fast bloke

Speak to Egg - I have two egg cards and each one gives me a further 6 months 0% on balance transfers on the anniversary of opening the account. With a little bit of shuffling this becomes an interest free loan.... forever

Freak

barclaycard platinum

0% until next january

Had one arrive today

Marky-San

Cheers for the responses guys - much appreciated.


I went on this website and found these cards comparisons:

http://www.fool.co.uk/searchengine/g...ucctlink600018

Just wondered - about the NSPCC one for example

Balance transfer BalT period
************ *********
NSPCC 0% for 9 months 9 months Typical 12.9% APR (variable)

When you go in and look at the NSPCC card details it has a monthly rate of something like 1.018%


Does this mean the balance transfer is free and you are charged a monthly rate?

Sorry for being thick, but I'm oblivious to the ways to keeping money

fast bloke

you are charged a monthly rate of 1.018 on purchases. Any payment you make comes off the balance transfer first, so you pay interest on all purchases from day 1 until the balance is cleared.

Marky-San

Thanks fastbloke - so if I transfer, but dont purchase anything then its basically interest free for 9 months?