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  • FIRST POST
    • Loocie
    • By Loocie 6th Oct 16, 11:52 AM
    • 5Posts
    • 0Thanks
    Loocie
    Bank of Scotland Credit Card
    • #1
    • 6th Oct 16, 11:52 AM
    Bank of Scotland Credit Card 6th Oct 16 at 11:52 AM
    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
Page 1
    • Stevie Palimo
    • By Stevie Palimo 6th Oct 16, 11:56 AM
    • 2,856 Posts
    • 4,081 Thanks
    Stevie Palimo
    • #2
    • 6th Oct 16, 11:56 AM
    • #2
    • 6th Oct 16, 11:56 AM
    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.
    " I refuse to censor myself because it may offend someone. If you don't like me that's ok, I don't need your approval. "
    • MallyGirl
    • By MallyGirl 6th Oct 16, 12:05 PM
    • 1,551 Posts
    • 3,749 Thanks
    MallyGirl
    • #3
    • 6th Oct 16, 12:05 PM
    • #3
    • 6th Oct 16, 12:05 PM
    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
    • By Candyapple 6th Oct 16, 1:11 PM
    • 1,475 Posts
    • 1,173 Thanks
    Candyapple
    • #4
    • 6th Oct 16, 1:11 PM
    • #4
    • 6th Oct 16, 1:11 PM
    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
    Originally posted by Loocie

    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
    • By Loocie 6th Oct 16, 2:17 PM
    • 5 Posts
    • 0 Thanks
    Loocie
    • #5
    • 6th Oct 16, 2:17 PM
    • #5
    • 6th Oct 16, 2:17 PM
    No probs, it's not the end of the world, was just super-scrimping :-D Thanks for your answers though, very helpful
    • Stevie Palimo
    • By Stevie Palimo 11th Oct 16, 3:14 PM
    • 2,856 Posts
    • 4,081 Thanks
    Stevie Palimo
    • #6
    • 11th Oct 16, 3:14 PM
    • #6
    • 11th Oct 16, 3:14 PM
    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.
    " I refuse to censor myself because it may offend someone. If you don't like me that's ok, I don't need your approval. "
    • john1002
    • By john1002 11th Oct 16, 5:42 PM
    • 766 Posts
    • 306 Thanks
    john1002
    • #7
    • 11th Oct 16, 5:42 PM
    • #7
    • 11th Oct 16, 5:42 PM
    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
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