Barclaycard Platinum - Existing Customer B.Transfer Offer..

Gareth_P_2

I have just had a mail shot from BC (my current balance is £0) that if I do a balance transfer before the beginning of March 06 I can have 3.9% interest until August 2007. It does not state that there is a transfer fee. Does anyone know if there is any catch with this offer (apart from don't spend on the card). The letter states that I can transfer upto £5000 and includes a cheque to write out to another lender. I have about £3000 outstanding with another card (rate 8.75%), so if there is no hidden catches It is worth me transfering this amount.

Thanks
Gareth

Galstonian

If there are no fees or additional conditions then I can see no reason to choose an 8.75% instead of a 3.9% one. 0% would be better but one step at a time