Balance Transfer Help....

abinanthanb

Moggles wrote: »

You misread my post.

As I said, Barclaycard will accept a transfer from other credit cards like NatWest, but if you requested a transfer to your bank account then, unless otherwise stated (and I'd want written confirmation), you'd be charged standard rates.

That interest accrues from day one and the transaction would be trapped behind your low-rate offers in the payment hierarchy, so not a good move, IMO.

The OP wants to pay off his balance with Mail order company. Barclays doesnt allow to do any BT with it.
So he pays off the balance with Mail order company using his Natwest Credit card. And then transferring the balance with Natwest to Barclays.

When the OP has clearly mentioned this, whats the need to talk about a transfer to the bank?

PS: Thanks for correcting me on BT to and from.

CannyJock

Don't you love it when a rude noob appears.

Joining a thread with "You got it wrong" to a fairly experienced contributor isn't going to win you any popularity contests.

Moggles_2

abinanthanb wrote: »

The OP wants to pay off his balance with Mail order company. Barclays doesnt allow to do any BT with it, so he pays off the balance with mail order company using his Natwest Credit card and then transferring the balance with Natwest to Barclays. When the OP has clearly mentioned this, whats the need to talk about a transfer to the bank?

Dear me, had you bothered to read the post immediately above mine, the answer would be obvious :rolleyes:

ziknik

Moggles wrote: »

I'm a longstanding Barclaycard customer and that's news to me. Are you sure the cc was Barclaycard?
…

Hi Moggles,

I am certain the card was Barclaycard. It was in July 2004 for £3k and I was charged a £60 balance transfer fee.

I saw an offer for 2.9% balance transfer (for life) on the website. I phoned them up to find out to find out more and the guy offered to balance transfer to my current account.

I did get the 2.9% rate

Moggles_2

ziknik wrote: »

Hi Moggles, I am certain the card was Barclaycard. It was in July 2004 for £3k and I was charged a £60 balance transfer fee. I saw an offer for 2.9% balance transfer (for life) on the website. I phoned them up to find out to find out more and the guy offered to balance transfer to my current account. I did get the 2.9% rate.

Interesting, very interesting

ziknik

Moggles wrote: »

Interesting, very interesting

That wink is scaring me. You don’t work for Barclay’s or Barclaycard do you?

I haven’t done anything wrong. I accepted an offer.

Moggles_2

ziknik wrote: »

That wink is scaring me. You don’t work for Barclay’s or Barclaycard do you? I haven’t done anything wrong.

Of course you haven't. Relax, I'm on your side.
I don't work for Barclays Bank or Barclaycard :cool:

abinanthanb

Moggles wrote: »

Dear me, had you bothered to read the post immediately above mine, the answer would be obvious :rolleyes:

My bad. I thought actually you were responding to the OP. Apologies.

abinanthanb

CannyJock wrote: »

Don't you love it when a rude noob appears.

Joining a thread with "You got it wrong" to a fairly experienced contributor isn't going to win you any popularity contests.

Embarrassing, but its true.

At time, what you write may not imply your original thoughts. I deserve a chance, after all am a newbie here you see... :beer:

stephane_2

Hi everyone,

Thank you for all your responses. I have spoken to Barclaycard since and they confirmed that I cannot balance transfer mail order account and if I do a cash balance transfer onto my account then I would loose the rate offer but what they said is that I can transfer as many balance transfer from my natwest CC as I want as long as I don't go above my Barclaycard limit, currently £6,600 and that I do it within the 60 days time frame to be able to get the 6.3%, if I do any balance transfer after the 60 days then the rate would be 6.9% which is still very good and that is for the life of the balance.