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Goldfish and Barclay credit cards

hilary1
hilary1 Posts: 1,443 Forumite
I have a large credit limit of £10000 on my Goldfish and a furthr £7000 limit on Barclaycard with £0 outstanding on both as i use my Egg for purchases.

Whats the best way to utilise the goldfish and/or barclaycard for making money or do I need to forget them and get a new one for BT.

I know all this may seem easy to experienced stoozers but theres so much info on here its all a bit complicated.
The curve that can set a lot of things straight is a smile

Comments

  • The_Boss
    The_Boss Posts: 5,864 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    phone them both saying you want to close the accounts and apply for a 0% on balance transfers card, but first of all can they offer you one to keep you with them. If they refuse, then close. Probably best to only close one of them though. Then wait for 6-8 weeks (to allow it to show as settled on a credit report - though may need longer) and reapply for another card that has a CAPPED balance transfer fee. Then transfer about 95% of the credit limit on the new card to your egg card, and then transfer this from Egg into your savings account. Then you can start.
  • lizgiag
    lizgiag Posts: 3 Newbie
    hilary1 wrote:
    I have a large credit limit of £10000 on my Goldfish and a furthr £7000 limit on Barclaycard with £0 outstanding on both as i use my Egg for purchases.

    Whats the best way to utilise the goldfish and/or barclaycard for making money or do I need to forget them and get a new one for BT.

    I know all this may seem easy to experienced stoozers but theres so much info on here its all a bit complicated.

    I have had a Goldfish for years but have not used it for a couple of years. Last week they sent me a new card -Mastercard instead of the old Visa which had not yet expirred, and have offered me 6 months 0%.

    It is well worth hanging on for this offer...
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