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Egg anniversary offer

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Hi guys i just need to check if the egg anniversary offer for 0% for 5 months covers super balance transfers as well. i.e can i pay the amount into a bank account and have the money sat in the egg card at 0% for 5 months?
if i had known then what i know now

Comments

  • johnllew
    johnllew Posts: 1,928 Forumite
    Yes.
  • eaglesrjh
    eaglesrjh Posts: 376 Forumite
    cheers for the reply, take it that means technically i could transfer my credit limit into a savings account for the 5 months then pay back the credit card and keep the interest?
    if i had known then what i know now
  • Reaper
    Reaper Posts: 7,353 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Yes again. The common term for that round here is "stoozing".
  • Yes - but I think it needs to be done during the anniversary month
  • eaglesrjh
    eaglesrjh Posts: 376 Forumite
    cheers for all your help, has given me some more info to think about. Geez this site is great!
    if i had known then what i know now
  • dag_2
    dag_2 Posts: 793 Forumite
    Remember to try and up your credit limit online prior to doing the SBT.
    Good point. Do you think that you can improve your chances of getting a credit limit increase by making a few purchases on the card for a few months, and paying off in full? I figure that if you don't use the card at all, they might think it's too risky to up the credit for what could be very little revenue.
    :p
  • Hard to make egg out at all to be honest.

    Plenty of people on earlier threads have gone from a smallish limit of £4K or so upto £15K in £2K jumps over a fortnight. I suspect that they would have got the lot in one go if they'd tried.

    I went from £8K upto £15K in one go although I've had an egg card for over 4 years & used to put all my spend on it when it had 1% cashback.
    Ethical moneysaver
  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    I think if the cards relatively new i.e. less than 6 months then it would probably wise to up it in small increments.

    If youve had it for over 6 months, then it should go straight to 15k fairly easily
  • I think a relatively low income also inhibits egg rises. I've only been able to do small increases at a time over the past year despite being on a typical graduate salary and having had egg green for 3.5years.
    Cider Country Solar PV generator: 3.7kWp Enfinity system on unshaded SE (-36deg azimuth) & 45deg roof
  • mary
    mary Posts: 1,585 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I've just finished by 0% period with Egg. Have an income of £14K, was given £4k to start with, added £2k and finished with another £4k - totalling £10K in 8 months. Just before my anniversary period, I will go for £15K but will have to wait until end of April before trying. Never been with Egg before. So that's what happened to a new comer with a low income.
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