hodgy0_2

just got one of these

0% for 14 months (subject to a transfer fee)

they will even do a cash transfer into your bank account - to pay off hign interest car loan, or even a lump sum from your mortgage

took me 5 mins to apply online - card came within a week (with a 9.7k limit), just transfered some niggly credit that had come off a previous interest free.

anyone else got a similiar deal?

kushti

chrisdicko

iTrader: (21)

14 months is good

Timwinner

iTrader: (3)

I tried but it turns out that its an MBMA card and the one I Wanted to transfer from was MBMA too.
They come out top on money supermarket so they must be doing something right.

orbix

Subject to a 4% fee

hodgy0_2

yep -- 4% on money transfer 2.9% on balance transfer


you obviously have to do your sums -- but thats a one off cost and some car loans etc can be as high as 9%

dunx

iTrader: (3)

Mine is cleared and then binned next month, and I paid around 3%, shop around to get the same...

dunx

stilover

Where's the other 2 months gone?

Virgin credit cards are 16 months 0% on Balance transfers.

hodgy0_2

actually your right stilover

my first interest payment will be my Jan 2011 statement

even better

orbix

Also alot of people transfer all they can from a card into a high interest account (do they still exist?) and then pay the money back at the end of the term, pocketing the interest earned.

I can't remember what they call this but some people claim to make thousands per year doing it

I found a website dedicated to it

stoozing

Proby521

iTrader: (1)

I not long got a Tesco Clubcard Credit card 0% for 12 months. Using it for car expenses for work, then can pay any left on it in April next year with mileage tax relief...... Would have got Virgin if I knew about it, didn't do my homework well enough!!!

hodgy0_2

i would imagine that was back in the day when it was not only 0% on the interest but no transfer fee

the transfer fee just tips the percentages back into the banks favour