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Best Card for paying off overdraft?
kimellis348
Posts: 4 Newbie
in Credit cards
Hi, Have been looking into balance transfer cards to shift my credit cards depts which are approx £2000 but i would also like to put my overdraft of £1250 on it too. Virgin charging 4% for doing this which i thought was quite steep. Anyone have any better ideas:question: Thank you
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kimellis348 wrote: »Hi, Have been looking into balance transfer cards to shift my credit cards depts which are approx £2000 but i would also like to put my overdraft of £1250 on it too. Virgin charging 4% for doing this which i thought was quite steep. Anyone have any better ideas:question: Thank you
I think you can only use an SBT card to do thisBank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100 -
Sorry forgot to add the link
http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs
see martins pageBank Accounts - Barlcays Premier[/B] - £1000 o/d, HSBC - £200 o/d- First Direct - £500
Credit Cards - Barclaycard £2000 - Silver Card £1300 - Flybe £7500 - HSBC £1000 - First Direct £2500 First Direct Gold £3000
6 credit accounts closed in 2010!
Official SOS Club number 001 - Dry until 01.07.100 -
Innocent's right, you need a SBT card. Virgin is one of the more popular ones, and is one of the MBNA stable, all of which allow SBT. Here's a list of other SBT cards: http://www.stoozing.com/sbt.php
Bear in mind that most of those are issued by MBNA.Official DFW Nerd Club - Member no. 784 - Proud to be dealing with my debts0
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