Card transfers?

jackiegibbo

Can anyone tell me please if you can transfer a balance from a b+q Store card to a hsbc Credit card

many thanks

Moggles_2

Not directly. What you can do is apply for a 0% balance transfer card and transfer an overdraft to the card, in other words shift cash from the credit card to your bank account. A handling fee applies, but there are no other charges during the introductory 0% period. You then have funds in your current account with which to pay B&Q.

Caution: you cannot use any 0% BT card. A handful will do this at BT rates. You need:

a card issued by MBNA (e.g. MBNA itself, Sony, Virgin), Egg card or the Post Office card.

Which deal is best depends, to some extent, on which cards - besides HSBC - you have at the mo or have held recently.

jackiegibbo

Moggles wrote: »

Not directly. What you can do is apply for a 0% balance transfer card and transfer an overdraft to the card, in other words shift cash from the credit card to your bank account. A handling fee applies, but there are no other charges during the introductory 0% period. You then have funds in your current account with which to pay B&Q.

Caution: you cannot use any 0% BT card. A handful will do this at BT rates. You need:

a card issued by MBNA (e.g. MBNA itself, Sony, Virgin), Egg card or the Post Office card.

Which deal is best depends, to some extent, on which cards - besides HSBC - you have at the mo or have held recently.

many thanks