Virgin fee free BT

rockrat

just done a balance transfer of £24k (4th with virgin so far on this card) for 6 months @ 2.9% with no BT fee. the alternative offer given was 9 months at 3.9% with a BT fee of 1%

deals still to be had out there

carpy

how much net interest do you make from that?

YorkshireBoy

carpy wrote: »

how much net interest do you make from that?

Anywhere from £95 (6.5% savings/40% tax payer/effective 5 months) to £420 (6.5% offset mortgage/full 6 months)...

http://www.stoozing.com/calc.htm

carpy

how do you get these deals as they don't seem to be advertised?

do you have to phone up and really haggle or is it fairly easy?

YorkshireBoy

carpy wrote: »

how do you get these deals as they don't seem to be advertised?

do you have to phone up and really haggle or is it fairly easy?

I've always rung them, but they've made it a little easier these days by posting them up in your secure area online.

Last year they had one or two 'fee-free' days, which they e-mailed cardholders about. Thankfully one or two MSE'ers posted and many of us bagged deals on empty MBNA run cards. I managed 0.9% APR fee-free for 11 months, which has cost me £110 in interest but made me over £400 net profit...for only one phone call and, because I already had a min payment DD set up, one BACS transfer to repay it.

Money for old rope!

carpy

i don't recall getting any emails about 'fee - free' days?? i'm an account holder but only ever get the standard 0% BT offer for a few months but with a horrid 2.98% fee!:rolleyes:

YorkshireBoy

carpy wrote: »

i don't recall getting any emails about 'fee - free' days?? i'm an account holder but only ever get the standard 0% BT offer for a few months but with a horrid 2.98% fee!:rolleyes:

I've no recent personal experience, but these fees are often negotiable...sometimes waived, sometimes capped. It certainly makes a difference.

carpy

YorkshireBoy wrote: »

I've no recent personal experience, but these fees are often negotiable...sometimes waived, sometimes capped. It certainly makes a difference.

i rang the number on the card today to ask for a better deal on a BT than they are offering but the guy wouldn't budge!!:rolleyes:

is there a better number to phone and/or a better approach to getting a deal?

YorkshireBoy

carpy wrote: »

is there a better number to phone and/or a better approach to getting a deal?

0800 783 1116 is their customer loyalty/retentions department, but read this article before you call them during office hours.

carpy

YorkshireBoy wrote: »

0800 783 1116 is their customer loyalty/retentions department, but read this article before you call them during office hours.

wouldn't be worth phoning today, sunday or monday then?

is it just a mon-fri 9-5 job?

what happens if you ring outside of those hours, do you still get to speak to someone?

LongTermLurker

carpy wrote: »

wouldn't be worth phoning today, sunday or monday then?

is it just a mon-fri 9-5 job?

what happens if you ring outside of those hours, do you still get to speak to someone?

The article YB posted explains it all - the people with the authority only work normal office hours - tomorrow is a bank holiday, so phone on Tuesday, 09:00 - 17:00 to be safe, though some may be 08:00 - 18:00.