Balance Transfer - Argos Card

Options
Can anyone tell me why I cant transfer the balance from my Argos Card to my credit card as a balance transfer?:confused: The credit card company are happy to accept any other "store" card but wont transfer the Argos one. Any help or info would be greatly appreciated.

Comments

  • talisker78
    talisker78 Posts: 213 Forumite
    Options
    I had this problem and, unfortunately, i was never able to resolve it.

    The first difficulty is that the Argos card has 3 (I think its 3) extra numbers at the start of the credit card which form part of your account number, but are not part of the credit card number (does that make sense?) and therefore when you give the whole number to the credit card company they don't recognise it as a valid number.

    I then tried giving just the 16 digit number without the 3 at the start, but this was STILL not recognised by the other company. In the end, i tried three different companies and none of them recognised the argos number. I think Argos do it deliberatly to stop you, therefore you incur more interest - what is it now?29.9%?

    What I did was I luckily had some room on one card so I took out £2000 in cash on one card at 19.9% cash rate. I then used that cash to pay the argos card, then I transferred the cash balance off that card to another card at a lower APR. I WAS lucky in that i had enough room on my cards to do that, otherwise I would still be stuck with it. I really hope you can resolve it, and if you can take my advice and shred your argos card. Its a horrible horrible card!

    Good luck
    Debt Sept 2007 (1st LBM) - £63,000 :embarasse
    Started DMP July 2012 (2nd LBM) - £34,000
    DFD (currently) - 12 years! :o
    "Failure is not falling down, but refusing to get up."
  • chiggy1
    chiggy1 Posts: 2 Newbie
    Options
    Thanks for that, I have shredded the card (and took great pleasure in doing so!) but as you said the interest is 29.9 % and crippling me !!!:eek:
  • PARIS_5000
    PARIS_5000 Posts: 868 Forumite
    Options
    I have a argos card and the interest is 27.9% and you only pay this after the interest free period.
  • scorpiolady
    scorpiolady Posts: 492 Forumite
    Photogenic First Post First Anniversary
    Options
    chiggy1 wrote: »
    Can anyone tell me why I cant transfer the balance from my Argos Card to my credit card as a balance transfer?:confused: The credit card company are happy to accept any other "store" card but wont transfer the Argos one. Any help or info would be greatly appreciated.


    I asked the credit card company for some credit card cheques and i paid mine with a cheque :D
  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    Options
    cheques are just as bad as cash advances, argos are as above good only for the intrest free period, after get rid
  • Mightyowl
    Mightyowl Posts: 128 Forumite
    Options
    Argos card services are a bunch c_nts!

    I've been having problems with these cretins for the last 2 weeks, all i can say is to anyone thinking of getting an Argos card..... DON'T
    The call centre staff are misleading, arrogant, unhelpful and damn right useless at they job.
    Stay well away
  • PurpleJellyFish
    Options
    Argos (and Next I think) do not accept BACS transfers as payments - they therefore cannot accept a Balance Transfer as they are sent by BACS. It does seem a little unfair to me - some credit cards do send out balance transfer cheques though which would be at a promotional rate.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.7K Banking & Borrowing
  • 250.3K Reduce Debt & Boost Income
  • 450K Spending & Discounts
  • 235.9K Work, Benefits & Business
  • 609K Mortgages, Homes & Bills
  • 173.4K Life & Family
  • 248.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards