We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

0% CC BT Fees

DaveK
DaveK Posts: 86 Forumite
In light of the new trend of charging for BT fees on 0% CC's I thought it'd be useful to show the fees the CC companies are charging for BT's, this might help with a price war on BT fees!!

Heres a list of current charges (info taken from todays BBC's Working Lunch programme)

Barclays Min £5 Max £50
MBNA Min £2 Max £50
Mint Min £2 Max £40
A&L Min £2 Max £35
Tesco Min £2 Max £35
Egg Min NONE Max £35

If anyone knows of others/changes (or indeed if any still offer no charges) to these then please post them here.
«1

Comments

  • smartsaver
    smartsaver Posts: 968 Forumite
    Abbety National charge - how much depends on your t&c's . Can be as much as 2% of the BT. Halifa also charge on their 12 month card - not sure how much. :(
  • simonleblank
    simonleblank Posts: 369 Forumite
    Abbey are not charging me, I did ask. Halifax did not charge either
    Don't waste your words I don't need,
    Anything from you.
    I don't care where you've been or,
    What you plan to do.
  • charlie12
    charlie12 Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I think Egg's max is £50, not £35 :)
  • Alt
    Alt Posts: 353 Forumite
    Anyone Knows how much Intelligence Finance charges? (or is it still free? fingers crossed)
  • smartsaver
    smartsaver Posts: 968 Forumite
    Intelligent Finance was free for me last week :D Abbey do charge unless you have a slip advising 'no further charges will be made' providing you request the BT when you sign and return the T&C's
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Alt wrote:
    Anyone Knows how much Intelligence Finance charges? (or is it still free? fingers crossed)
    Its free - I've got a £6K BT from Egg going through at the moment.
  • ANB_2
    ANB_2 Posts: 27 Forumite
    The following cards from recent experience do not charge any balance transfer fee:
    1. Goldfish
    2. Beneficial
    3. The GM
    4. Capital One (I have only used their cheques).
    5. Co-OP - Providing transfer is done by phone.
    Charles J
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Can we also add Lloyds TSB and RBS to the list.

    LTSB BT has to be done within 6 weeks of opening account though - can't remember any special conditions with RBS.

    NB: The application forms I have are approx 1 month old so it might have changed since I picked them up.
  • ANB_2
    ANB_2 Posts: 27 Forumite
    Another one bites the dust folks!

    Beneficial from 31.05.05 will now charge a balance transfer fee of “2% of the amount of each balance transfer (minimum £5 and maximum £50".

    There normal cheques i.e. ones that are not specifically BT cheques will also now be treated as cash advance and will be subject to 2% of the amount advanced (minimum£2.50)".
    Charles J
  • ANB_2
    ANB_2 Posts: 27 Forumite
    Can you believe it? .........Yet another!

    Lloyds TSB from 01.07.05 will "charge 2% of the amount of each Balance Transfer or cash Withdrawal and for each cheque (Minimum £2.50) unless we tell you a charge is not payable"

    Who next?
    Charles J
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.