transferring overdraft to 0% interest card?

Hi all, currently a LA-funded student but due to graduate in June. I have a £2000 interest free overdraft with Coop that has been great. Estimate that I will end course with approx. £1500 left to pay. The Coop will not continue this interest-free overdraft for another year so I can clear it while working. I know I can probably switch to an interest-free graduate account with another bank but I don't really want the hassle and I like the Coop's philosophy and service. My question: is there a 0% credit card that will accept a balance transfer from an overdraft? I have had a look around (here and on general t'internet) but haven't been able to find anything? Anyone have any good/useful suggestions? Thanks
No reliance should be placed on the above, as i don't believe anything i say either...


  • lukekelly_2
    Virgin allow balance transfers from current accounts I believe.
  • Rosie75
    Rosie75 Posts: 609 Forumite
    First Post First Anniversary Combo Breaker
    The Egg and Virgin credit cards allow you to do a "super balance transfer" to pay off an overdraft. Most other credit cards would treat this as a cash loan, with huge interest rates, so be careful.
    3-6 Month Emergency Fund #14: £9000 / £10,000
  • caspol
    caspol Posts: 83 Forumite
    MSE'rs to the rescue again! Thanks for this, I have discovered that I have an Egg credit card in my wallet that I haven't used in ages. I logged in and it is still current so I will probably go with this option
    No reliance should be placed on the above, as i don't believe anything i say either...
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Name Dropper First Post First Anniversary
    ...but is the interest rate (plus any fees applicable) cheaper than your overdraft rate?

    Even if it is, the overdraft may still be cheaper in the long run if you're making (regular) credits to the account.
  • dhassen
    dhassen Posts: 759 Forumite
    caspol, if you've had the egg card for ages and haven't used it its unlikely that the interest for balance transfers would be any good, and the original 0% offer will have expired. The virgin card's got the longest 0% deal of all the cards that allow SBT, but here's a list of them all:
    Official DFW Nerd Club - Member no. 784 - Proud to be dealing with my debts
This discussion has been closed.
Meet your Ambassadors


  • All Categories
  • 343.7K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 450K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.9K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards