Lloyd's TSB Platinum Card

chriswotton

So, purchases aside, I would pay interest on the £42 BT fee at 15.9%? Presumably the only way to overcome that is to pay off the whole card balance? Which of course they know full well no-one is going to do, else they would have just done that on the old card rather than transferring it over in the first place.

NickX

chriswotton wrote: »

So, purchases aside, I would pay interest on the £42 BT fee at 15.9%? Presumably the only way to overcome that is to pay off the whole card balance?

Yep I'm afraid so, they are going to make something somewhere whatever you do.

I think you are making the right decision just accepting the interest on the £100 and the BT fee. It is still a lot less than paying a standard Credit Card variable rate.

Vlad24

Does anyone know if I can balance transfer a Halifax cc onto the Lloyds (12 months 0% card) - not sure I can due to the takeover?

Also am I right in thinking that on a 7k transfer I would pay £210 fee plus around £50 interest on the fee plus the £100 purchase requirement ?

Many thanks!

[Deleted User]

With the LTSB card, is is possible to spend the £100, repay it and then BT, all within the 6 week timescale for 0% BTs? Just a thought, but it looks a bit tight to me. It would avoid interest on the £100 if it worked.

Vlad24

Vlad24 wrote: »

Does anyone know if I can balance transfer a Halifax cc onto the Lloyds (12 months 0% card) - not sure I can due to the takeover?

Also am I right in thinking that on a 7k transfer I would pay £210 fee plus around £50 interest on the fee plus the £100 purchase requirement ?

Many thanks!

Right, I have found out that I can transfer from Halifax but could anyone help me with the maths on the 2nd question?

Thanks!