BT Transfer to 0 Balance Cards...

mark101

Can someone tell me if I can do the following... I haven’t stoozed for a long time and things have bound to have changed....

Capone have said I can B/T for 12 months 0% 3% Fee.

I have 16k Avail and have an Abbey Card also at 16K. Both are currently near 0 in terms of balance. Question is can I transfer the 16K to Abbey Card and get the 16K Transferred into the bank?

I know that when you are in credit you can request a refund to your bank account...

Thanks.

YorkshireBoy

mark101 wrote: »

I know that when you are in credit you can request a refund to your bank account...

There's a world of difference though, between a £9.99 purchase return refund and a £16K payment that's come from another credit card! Indeed, making such a request is bound to alert their AML team.

Your best bet is to grab an Egg Money card and use the 'card trick'. EDIT: ...and then split the onward transfers into sub-£10K tranches.

rodent

I agree with YB .....a couple of thousand maybe i think the most i ever did was 5K but that was some time ago ..but 16K is just way to risky and could raise far too many eyebrows ...when there is a perfectly safe alternative in Egg money muler !!

The Rodent

mark101

Thanks for the comments.

Given up… put the figures in the Stooze calc, not really worth the effort. Don’t need it so I’ve decided not doing it.