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Capital One Balance Transfer Deal
Engines
Posts: 3 Newbie
in Credit cards
I saw the Capital One 0% Balance transfer until Aug 07 deal on TV last night. Whilst it mentioned a 2% transfer fee, I thought this wasn't too bad for the peace of mind of not having to worry about clearing the balance until late next year. Am Imissing something? Is there a hidden catch in this offer?
0
Comments
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Nope, you are not missing anything. The cap limit (i.e. £50 maximum transfer fee) was lifted, but this only really has a negative impact on stoozers. So as long as you dont mind paying 2% of the balance transfer as a fee then it will be good for you in the long term. Especially as most lenders are offering 9-12 months.0
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