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EGG BT Repayments??
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cloud_dog
Posts: 6,323 Forumite


in Credit cards
Ok, sorry if this is a bit of a blonde question but.............
Got an Egg card (£7.5k limit) and SBT'd into the savings account. Have subsequently made two repayments (total of £297).
Question, can I re-SBT the payment amount (back up to my limit) back to my current / savings account as long as:
a) I am still within the 5 month offer period
b) Do not exceed my original limit
The reason I ask is because I've read a couple of posts which I thought were contradictory; the first implied that you could only transfer within the one month transfer window, whereas the second said you could re-SBT the repayment amount back to your account.
Any help would be appreciated as I could just re-SBT the repayment money back in order to meet the minimum repayment amount.
cloud_dog
Got an Egg card (£7.5k limit) and SBT'd into the savings account. Have subsequently made two repayments (total of £297).
Question, can I re-SBT the payment amount (back up to my limit) back to my current / savings account as long as:
a) I am still within the 5 month offer period
b) Do not exceed my original limit
The reason I ask is because I've read a couple of posts which I thought were contradictory; the first implied that you could only transfer within the one month transfer window, whereas the second said you could re-SBT the repayment amount back to your account.
Any help would be appreciated as I could just re-SBT the repayment money back in order to meet the minimum repayment amount.
cloud_dog
Personal Responsibility - Sad but True 
Sometimes.... I am like a dog with a bone

Sometimes.... I am like a dog with a bone
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Comments
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I think (I'm sure somebody will correct me if I'm wrong) that throughout your original interest free period you can keep doing SBTs. However for your anniversary 0% periods you must complete all your transfers in the first month.0
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Question, can I re-SBT the payment amount (back up to my limit) back to my current / savings account as long as:
a) I am still within the 5 month offer period
b) Do not exceed my original limit
cloud_dog
Are you in your original interest free period or is this an anniversary?It's always the grass that suffers, irrespective of whether the elephants are fighting or making love !!!0 -
Wallet, still within my initial intro period.
Reaper, wasn't going to ask this but, what the heck its New Years, if I increase my Egg limit during my intro period, i.e. now, can I SBT that additional debt somewhere or will it incur interest charges??
cloud_dogPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Question, can I re-SBT the payment amount (back up to my limit) back to my current / savings account as long as:
a) I am still within the 5 month offer period
b) Do not exceed my original limit
cloud_dog
Yes you can. I've done it each month for the duration of the 0% offer0 -
Reaper, wasn't going to ask this but, what the heck its New Years, if I increase my Egg limit during my intro period, i.e. now, can I SBT that additional debt somewhere or will it incur interest charges??
cloud_dog
If you increase the amount you borrow from Egg during the 0% introductory period, you can transfer that new amount of money to any bank account you want, the same one or a different one. Once you have increased your credit limit, you can borrow up to that total figure and you will not incur interest charges as it is still within the 0% period.0 -
Oi! I'm Reaper. At least I think I am. Too many glasses of new year champagne to be certain. What Mary said is right. I think. Who am I again? Happy New Year everyone.0
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Thanks for the replys.
Reaper, that really is sad that you logged in at ten to three on New Years day. I'm suprised you could remember your password ;D
Happy New Year, cloud_dogPersonal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Yeah, I was on my way to bed when I noticed I had left the computer on. I could barely type so I'm surprised I managed to say anything even faintly coherent.
Happy New Year. Or at least it will be when the hangover finally ends.0 -
Yeah, I was on my way to bed when I noticed I had left the computer on. I could barely type so I'm surprised I managed to say anything even faintly coherent.
Happy New Year. Or at least it will be when the hangover finally ends.
Sorry, Reaper to steal your thunder. I didn't think too many people would be online on New Years' Eve and thought I would help out!
Hope the hangover's cleared up. Happy New Year.0 -
Don't worry - I was typing drivel! And I often answer questions directed at other people.0
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