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clarification on fee's!

leni
leni Posts: 942 Forumite
Part of the Furniture 500 Posts Combo Breaker
just wondering if you can clarify something!

I've just got my agreement through for a NSPCC card (Bank of Scotland) with 9 month 0% on balance transfers from opening account.

the handling fee is 2% or atleast £2 for balance transfers and cheques offered at special promotional rates other than a special promotional rate you recieved when your account was opened.

Does this mean that I won't be charged a fee on balance transfers I make within the next week as I'll have just opened the account!

Thanks!"

DEBT FREE for the first time in 10 years and with savings!

1st Baby due May 2011 :o it's a BOY:j

Comments

  • Robert_Sterling
    Robert_Sterling Posts: 2,207 Forumite
    I think you will be charged a 2% fee on your balance transfer but that you will not pay any interest on the money you transfer for 9 months.

    Read the Terms & Conditions carefully.
    ..
  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It doesn't read that way to me, RS1.

    It reads that NORMAL balance transfers are subject to the fee, but ACCOUNT OPENING balance transfers are not.
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