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how to an overdraft balance transfer

Hi first post here so bear with me - am looking tranfser an o/d onto a credit card and was after some tips as to how this could be done, thanks in advance

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    some CCs allows this ... the MBNA stable of cards and EggMoney although you may pay a BT fee (not with eggmoney )
  • NickX
    NickX Posts: 3,046 Forumite
    Tranfering funds from a Credit Card to a Bank Account (therefore paying off an overdraft) is known as Super Balance Transfer (SBT).

    Only a few rather special cards have this facility including Egg, Egg Money, Post Office Card and any card administered by MBNA (including the Virgin range of cards).

    In addition MINT periodically issue Credit Card Cheques that can be paid into a Bank Account at Balance Transfer Rates. However this is the least satisfactory option because the cheques cannot be ordered and you don't know when they are going to drop through your letterbox.
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