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Egg lets you transfer money straight into your bank account to spend as you like (or put into a savings account - though its supposed to be paying of an overdraft).
Thus you use Egg as a conduit for other cards balance transfer offers...
This is my plan and experts out there confirm that it will be ok to do?
(Egg card limit 10k and FD card limit 25k.)
1. Move 10k from egg card to current account
2. Move 25k from FD card to egg card putting egg card in credit by 15k
3. Move 10k from egg, then 10k and finally 5k into current account
4. Set up min. payments for both egg and FD.
6. Watch out for 6 month 0% period for FD and 9 month 9 for egg
I don't expect to get my cards until after Xmas.
Is this plan totally safe? i.e no unexpected hidden charges etc.
Mortgage Feb 2001 - £129,000 Mortgage July 2007 - £0 Original Mortgage Termination Date - Nov 2018 Mortgage Interest saved - £63790.60 ISA Profit since Jan 1st 2015 - 98.2% (updated 1 Dec 2020)
Mortgage Feb 2001 - £129,000
