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Can my partner put my overdraft on his credit card
kate0983
Posts: 1 Newbie
in Credit cards
I Have been trying to get a 0% credit card for a while, My score isn't great but I am not bad with money at all but one of the reasons is because im in my overdraft constantly, I want a card so I can put my overdraft on it so I can pay it off and so im not paying interest to my bank. Would my Partner be able to open a card in his name and put my overdraft on it?
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Comments
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Yes he would as long as you get a special card such as Virgin or any other MBNA branded card. When the account is open you ask for a cash transfer. There is a fee of 4% with Virgin but you get 15 months at 0%0
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Actually, it's reverted to 16 months once again.There is a fee of 4% with Virgin, but you get 15 months at 0%
IMO, it's best to request your money transfer by phone (as opposed to online), so you can make certain the 0% interest rate will apply. He can do this when he calls to activate the card. There's a dedicated, Freefone number.
Virgin will allow him to transfer up to 95% of his credit limit. The money arrives in your bank account in about 6 days
People who don't know their rights, don't actually have those rights.0 -
Yes,you can.You will need a credit card that accepts transfers to current accounts.You should be able to do it with the MBNA family of cards.I Have been trying to get a 0% credit card for a while, My score isn't great but I am not bad with money at all but one of the reasons is because im in my overdraft constantly, I want a card so I can put my overdraft on it so I can pay it off and so im not paying interest to my bank. Would my Partner be able to open a card in his name and put my overdraft on it?0 -
Yes he would as long as you get a special card such as Virgin or any other MBNA branded card. When the account is open you ask for a cash transfer. There is a fee of 4% with Virgin but you get 15 months at 0%
The Balance Transfer fee used to be 2.98%.Have they increased it recently?0 -
Yeah, it was a couple of months ago that they increased the fee for Money Transfers only. I'm 90% sure the Balance Transfer fee is still 2.98%, but I may be wrong there.You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0
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The fee is still 2.98% with Post Office, it's 12 months 0%0
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The fee is still 2.98% with Post Office, it's 12 months 0%
Alternatively, you'd get 0% until 1 August 2010 from Egg. A 3% BT fee applies.
Which option is best depends, to some extent, on which cards your partner has at the mo or has held recently.People who don't know their rights, don't actually have those rights.0
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