We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
When do you get charged BT fee?
Hippychick
Posts: 738 Forumite
in Credit cards
I've just switched two of my old cards to two lob cards IF at 4.95% and Amex red at 5.9%.
I have just received my first statements for both and note that i haven't been charged the BT fee on either of them. I know there is a fee of 2% of the balance from when I signed up.
I am not complaining if i don't get charged the fee but I don't want to budget now and then find that I am stung for it later.
Has this happened to anyone else?
I have just received my first statements for both and note that i haven't been charged the BT fee on either of them. I know there is a fee of 2% of the balance from when I signed up.
I am not complaining if i don't get charged the fee but I don't want to budget now and then find that I am stung for it later.
Has this happened to anyone else?
CC debt at 8/7/13 - £12,186.17
Barclaycard £11,027.58
Halifax £1,158.59
5 year plan to live unsecured debt free and move home
0
Comments
-
Neither of low LOB rate cards I know charges for introductory BTs.
See http://www.stoozing.com/0fees.htm - bottom of the list.
It is always worth reading at least a Summary box. For example, IF credit card summary box clearly states:Balance Transfer Fee 2% or minimum Ј2 (on promotional rates except introductory offer)0 -
Nice one thats cheered me up. Thanks, Guess I was too focused on finding out what the fee would be rather than seeing if it was actually charged.
Got myself an extra £150.00 now
CC debt at 8/7/13 - £12,186.17
Barclaycard £11,027.58
Halifax £1,158.59
5 year plan to live unsecured debt free and move home0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards