Bank of Scotland Credit Card

Loocie · 6 October 2016 at 11:52AM

I have a Bank of Scotland credit card and a Halifax current account. Does anyone know if I can move 'money' from my credit card into the Halifax account? I've been trying to find out from their website, but nothing particularly helpful there. When in my online bank account, although I can see the credit card and manage it from there, I'm not given any option to make a transfer. Just wondering if it is possible at all if there's a work around? I'm trying to avoid a 1.5% fee that I would incur by using my credit card to make a payment for something quite pricey?

TIA - sorry if this has been asked before

Stevie_Palimo · 6 October 2016 at 11:56AM

I am pretty sure the only way you can access funds from a credit card are as follows.

A purchase made.
Withdraw cash from atm.
Balance transfer.

MallyGirl · 6 October 2016 at 12:05PM

or have a credit card that does money transfers - but this usually incurs a fee of around 3% so the 1.5% fee is the cheaper option

Candyapple · 6 October 2016 at 1:11PM

Loocie wrote: »

I have a Bank of Scotland credit card and a Halifax current account. Does anyone know if I can move 'money' from my credit card into the Halifax account? I've been trying to find out from their website, but nothing particularly helpful there. When in my online bank account, although I can see the credit card and manage it from there, I'm not given any option to make a transfer. Just wondering if it is possible at all if there's a work around? I'm trying to avoid a 1.5% fee that I would incur by using my credit card to make a payment for something quite pricey?

TIA - sorry if this has been asked before

None of the BOS credit cards offer money transfers so you are out of luck.
http://www.bankofscotland.co.uk/creditcards/

Have a look below for cards which actually offer money transfers:
http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs

Loocie · 6 October 2016 at 2:17PM

No probs, it's not the end of the world, was just super-scrimping :-D Thanks for your answers though, very helpful

Stevie_Palimo · 11 October 2016 at 3:14PM

Just logged into my Tesco credit card and I can transfer money from it into an account but at a fee much like the cash machine charges, Not noticed this on any other cards I hold.

john1002 · 11 October 2016 at 5:42PM

Yes certain cards allow the transfer of credit limit to any bank account with most unless on offer incurring a fee. MBNA, Barclaycard if you qualify and as you have seen Tesco their are others. Bank of Scotland do allow transfers online but you must be signed into their own app not Halifax or vice Versa, my current offer is 24 months 0% with fee but if your quick they also have an offer for half fee refund before the 31st thus was mailed to me so could be customer specific?

John

Bank of Scotland Credit Card

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