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Advice Needed - Complex Money Moving - PLEASE IGNORE, SOLVED PROBLEM
shiny-p
Posts: 2 Newbie
in Credit cards
PLEASE IGNORE, SOLVED PROBLEM
Hello everyone,
I would like some advice about moving some money around. I need to identify the cheapest possible method!
I need to move £6000 into my bank account. I want to generate this money cheaply from credit card balance transfers. I need to know if I can get a NEW credit card at 0% balance transfer rate and NO FEE. I have a 3 year old Egg Card at the moment that I could balance transfer the money from the NEW card to. Then, as Egg allow you to balance transfer to a bank account for free, I can withdraw £6000 from the Egg Card, before immediately topping it up with the £6000 balance transfer from the NEW card.
I'm almost there but I have yet to find any credit cards who wave the balance transfer fee.
Can anyone please give me some advice how to solve this tricky puzzle cheaply?
I hope I've explained this well enough. I'm part following this article.
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1085355871,12390,
Many thanks, Simon
Hello everyone,
I would like some advice about moving some money around. I need to identify the cheapest possible method!
I need to move £6000 into my bank account. I want to generate this money cheaply from credit card balance transfers. I need to know if I can get a NEW credit card at 0% balance transfer rate and NO FEE. I have a 3 year old Egg Card at the moment that I could balance transfer the money from the NEW card to. Then, as Egg allow you to balance transfer to a bank account for free, I can withdraw £6000 from the Egg Card, before immediately topping it up with the £6000 balance transfer from the NEW card.
I'm almost there but I have yet to find any credit cards who wave the balance transfer fee.
Can anyone please give me some advice how to solve this tricky puzzle cheaply?
I hope I've explained this well enough. I'm part following this article.
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1085355871,12390,
Many thanks, Simon
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