We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
First Direct Gold Credit Card : SBT card?
s1lvercloud
Posts: 22 Forumite
in Credit cards
I have just done balance transfer from my FD Gold Credit Card to FD current account online, and it worked!
Is FD CC an SBT card?
Is FD CC an SBT card?
0
Comments
-
s1lvercloud wrote: »I have just done balance transfer from my FD Gold Credit Card to FD current account online, and it worked!
Is FD CC an SBT card?
First Direct is not known as an SBT card.
What are the terms of your transfer ? Is it a 0% promotion ?0 -
A few rather special cards will allow you to transfer an overdraft to them (in other words, transfer cash from the credit card to your current account) at balance transfer rates. Unfortunately, First Direct is not one of them.
I have the HSBC cc (same stable). As well as the 2.5% handling fee, you may be charged for a cash advance, currently 21.9% APR (typical) :eek:
If your credit agreement doesn't make this clear, I would telephone FD's customer services and check.People who don't know their rights, don't actually have those rights.0 -
If the transfer was done through their internet banking then it might have been processed as a cash withdrawal - it is best to phone them up and check0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards