new credit card... have transfered balance onto it...

steveOooo

have just opened a rbs graduate account. Have a credit card included with it with a 13month interest free on balance transfers / 6months on purchases.

At the mo its -£875 from a balance transfer i did and has a remainding balance off £1,975.35 - ive made no purchases, just one balance transfer.

- can i transfer the remainding balance £1,975 - 95%) to a fixed savings account or normal savings account for one year, then put it back on the card in one years time?

was thinking off putting it into a icic fixed rate account? (7.20% is the highest on a 12month period)

NickX

steveOooo wrote: »

- can i transfer the remainding balance £1,975 - 95%) to a fixed savings account or normal savings account for one year, then put it back on the card in one years time?

Unfortunately RBS does not offer the SBT (Super Balance Transfer) facility so they will not transfer funds to your Bank Account. However if you have (or can get accepted for) an Egg Money card you could use this as a mule to get the funds from the card.