Advice on Best Card for Balance Transfers

Groovy_2 · 24 December 2004 at 8:02PM

Hi Everyone

Have been reading the forums avidly over the past few days - and wanted to ask all you 'experts' if you could recommend the best 0% credit card for transferring balances to? I've just under £4K outstanding on four cards that I'd like to transfer.

I've a good/reasonable credit rating, and haven't ever requested any increases on my current cards, or applied for any new cards for about a year or more.

I just looked at the HSBC on-line deal for 9 months IF for balance and purchases - which looks a good deal?! But when I reviewed the criteria for acceptance, they state that they require a salary details. I'm Director of my own business, and draw only a nominal amount each month as a 'salary' until turnover improves... will this stand against me/is there a way around this?

Would be grateful for any help.

Many thanks.

deemy2004 · 24 December 2004 at 10:01PM

If you don't already have an MBNA run card than that usually gives a good starting credit limit

goindoin · 14 June 2005 at 8:44AM

Virgin 0% for 9 months, but as it's an MBNA managed card, you'll only get it if you're not already a customer (they manage several other cards - see Martin's article on this).