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Pay off 0% finance on carusing Sainsbury@s 12 mont

???I recently bought a new car on interest free credit from Nissan finance.I have the money to pay the balance of the debt, £3000 invested in a savings account. I would like to repay Nissan finance by using Sainsburys 12 month interest free credit card, and continue to pay the equivelent of my monthly repayments into the savings account, thus making extra interest Is there any way of doing this. I realize that technically this could be regarded as a balance transfer, but the loan is not on a credit card. I'm sure some genius out there can find a way

Comments

  • DiggingOut
    DiggingOut Posts: 770 Forumite
    Are you asking if you can use your card to make the monthly payments to Nissan finance? I doubt they would allow you to do this.

    If instead you are asking if you can pay off Nissan finance entirely with your card, why would you want to do that, if it is on interest free credit?
    I have five stars! This doesn't mean that I know anything about any of the things I post. I could be a raving lunatic, or a brilliant genius, or just some guy on the internet. In fact, I could be all three at the same time.

    If anything I say makes sense, then do it. If not, don't. Don't blame me or my stars if you do something stupid because I suggested it. I'm responsible for my own stupidity only. You are responsible for yours.

    Why, I don't even have five stars anymore! Aren't you glad you aren't responsible for my stupidity?
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