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When do you get charged BT fee?

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?


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

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    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)
  • Hippychick
    Hippychick Posts: 738 Forumite
    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 home
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