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Balance transfer and money transfer
I have an MBNA balance transfer card that also offers a money transfer (balance transfer is 0% for 31 months - 24.94% after 31 months and I have already transferred a balance to this, the Money transfer promotional offer is 0% for 9 months - 24.94% after 9 months) but I have not yet used this but I would like to. I…
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Multiple balance transfers
So it’s not something I’m looking for more trying to understand how they work I have a HSBC card on a 27 months 0% with 3k of a 4k limit. when I made this months payment they are offering me a separate 12 months for any new balance transfers I make in January but how would that work how are payments allocated would all…
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Vanquis Refund Historical Error
I have received a letter regarding an account that was closed over 10 years ago with Vanquis. It advised they had found a historical error with 'additional fees' and they were refunding them. Error amount approx £20 refund amount approx £200. The cheque has arrived (not cashed yet) I have tried calling Vanquis to get some…
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Credit card defaults
Hi Guys, I have defaulted multiple credit cards totalling 25000£.zopa(3000£),natwest(9000£),halifax(2500£),llyods(3500£),Aqua(3100£),fluid(2000£). I have missed 2payments and might be on 3/4 it goes to default. I don’t want to enter into IVA or get CCJ”s.I lost job 2months ago and struggling financially. What are my…
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What happens if you only pay the minimum payment or pay more than that on credit card?
On a credit card, if you are unable to pay off your entire balance for a couple of months and you start paying more than what the minimum payment due is at least, is the only thing to worry about interest accruing? I am paying more than what the minimum payment amount is, just so I can pay it off faster and as much as I…
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Old Credit Card Debt Advice...
Hello All, Apologies if this is not he right place for this query. My query is for advice regarding a fraudulent debt incurred on a credit card back in 2007. A bit of background: Back in 2007 - my credit card with MBNA was fraudulently used to withdraw £7k in one transaction (done via card transfer to an account), and than…
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John Lewis Credit Card
I had a shock today with my John Lewis credit card small print. I'm sure some people will know about this but perhaps it will be a heads up for others. Today I received my monthly statement and bill. I always pay my credit card bill in full within the payment period. When I looked at this bill it had a £167.05 interest fee…
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Do i have too many credit cards?
My original credit card is now 11 years old. It's with capital one with a £2500 credit limit that I've not used in a very long time! Second credit card is virgin Money that I only use for holidays abroad due to its 0% foreign transaction fees, the limit is £6000 My daily credit card is with MBNA with a £28,000 credit…
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Multiple Balance Transfers Within Specified Window
Hello everyone. TL;DR - Can I balance transfer multiple times from the same credit cards, so long as its within the 60 days to claim the 0% offer? I am in the process of consolidating some debt to my new balance transfer card. I have just cleared 2 existing credit cards with it. Annoyingly, 2 of my major amounts are a Next…
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Credit Card Fees for Exceeding Credit Limit
Why do some banks still have fees for exceeding credit limits in their Ts & Cs. These fees are totally anachronistic. It previous times they were necessary because people could make payments without pre-authorisation. These days all payments are pre-authorised. Therefore it is 100% within the control of the bank to keep…
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Lost my balance transfer CC amount, because of new spending & repayments?
A few months ago I got a new credit card. I did a £1000 balance transfer and the limit is £3500. Since then I have done quite a lot of spending and made a lot of repayments. Now there’s £1200 on the card. In my mind I was expecting £1000 would remain interest-free for the advertised 21 month period, and I’d only be paying…
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Pulse v Barclaycard
I have used my Pulse credit card for Amazon and other purchases for some years. Amazon offered me the Barclaycard which I obtained. I cannot work out which is better so would appreciate advice. I am not a Prime user.
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Kickstarter refund and vanquis card
Morning all, not had this situation before so would appreciate your views. Ages ago (August 2023) I backed a project on kickstarter for about £200 - this week my pledge was refunded. Kickstarter say they can only send the refund to the original payment card... trouble is that I only had the vanquis card as a credit builder…
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Credit Card - Section 75 query
Hello I purchased a picture in France, paid by Credit Card. It was my eye iris and my husbands joined as a photo. Shop saw that there was an issue with the photo so retook the photo. Returned home to England to find an email stating that the photo was not suitable and that we needed to return to have another photo taken.…
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Credit Card need to apply for a new one but…
I’ve got 9k on a Barclay credit card (I pay way over the monthly minimum thing) its 0% on purchases and 0% on something else (not really sure what) it’s 0% deal comes to an end in March so I need to change over to another 0% card and transfer the 9k with me (no way of paying it off other than the £350 a month I already…
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Balance transfer
Do any credit card providers allow balance transfers between husband and wife
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Using the money transfer facility on an existing Barclaycard
I need to borrow about £3000 and I read that it's cheaper to use a money transfer credit card. I already have a Barclaycard and they have a current offer of 17 months interest free (3.3% fee for the initial money transfer). I use the card for all purchases (food, fuel, etc and pay it off in full each month). How will it…
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Barclaycard Limit Reduction
I just received a letter from Barclaycard, stating they have reduced my credit limit from £20,000 to £1,250 - a reduction of over 93%. It also just happens that this is under £100 from my current balance, meaning that if I hadn't noticed the change, I could have easily gone overlimit (and incurred the associated fees). I…
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Direct debit keeps failing and both banks blame each other. What to do? (Amex > Chase)
I signed up for an AmEx Gold (UK) card in April and set up a direct debit (DD) with my Chase account. The first payment went through, but all subsequent DDs have failed. I've been manually paying since then. Here’s what happened: * Both AmEx and Chase blame each other for the issue. * Last month, I set up a new DD and…
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Charged interest on balance transferred away?
I balance transferred one of my credit cards before the minimum payment was due, this was done in plenty of time before the minimum payment was due but on logging into the card I have some interest to pay, the minimum payment was £26 odd, the interest it has applied is £10. I thought if the balanced was cleared before the…
Discuss the art of making money by earning interest on cash that credit cards lend you at 0%.
3.5K discussions
19.3K comments
Most recent: When to clear/shift balance by GoodDealSearcher
3 November at 12:21PM
