Best way of getting 2k into my bank account?

angelfire

Hi, i'm just wondering what the best/cheapest way of getting 2k into my bank account would be? It would be paid back £1k at the end of this month and the rest at the end of next month...?

I have a few different credit cards including a Virgin one where they send out the cheques regularly - would this be the best method?

I also have two cards with 0% on purchases but my purchase is a car, so I'm not sure whether dealers would accept a part credit card payment? (the amount of the car exceeds my credit card limit)..

Not even sure if i'v posted in nthe correct forum, but any help appreciated!

Mutton_Geoff

Agreed short term overdraft facility with your bank?

CannyJock

Interest free two month loan from family member?

angelfire

Thanks Mutton and Canny - both of these avenues already tried I'm afraid! tis a bit of a pain as I can pay the cash back so quickly! How do the cheques work with credit cards then? Would I wind up paying silly amounts back?

mrcow

Do you still have a 0% on BT wth MBNA?

If so, then just call them up and see if the cheques qualify for the 0% and what the fees are. The only problem is that they'll charge you 3% for the transfer.

I do think an easier method would be to use one of your 0% on purchases cards. A car company will generally charge 2-3% so it's comparable (check first). But in addition, you'll have the protection of the credit card for your purchase. Do you earn any cashback /points with either of your cards?

angelfire

mrcow wrote: »

Do you still have a 0% on BT wth MBNA?

If so, then just call them up and see if the cheques qualify for the 0% and what the fees are. The only problem is that they'll charge you 3% for the transfer.

I do think an easier method would be to use one of your 0% on purchases cards. A car company will generally charge 2-3% so it's comparable (check first). But in addition, you'll have the protection of the credit card for your purchase. Do you earn any cashback /points with either of your cards?

Hi MrCow! I do have an Amex on which I do most of my mnonthly spending then pay off in full at the end of each month - this gives me cashback but I'd need two months to pay it off :-(

mrcow

What are the other cards that are offering 0% on purchases? Do you have enough credit on them/

The first call should be to the dealer you're buying with and finding out if they take credit cards and whether there is a fee to pay. We did this with a car supermarket a couple of years back and they levied 3%.

Mind you, a 3% deal for two months worth of money isn't great - but it's the flexibilty that you are paying for. The bonus is as well that if you take a little longer to pay it back, you'll pay no more interest.

Dr.Shoe_2

Why don't you save up then buy the car?

I know that the one you want will have gone but another the same will come up I'm sure.

mrcow

Dr.Shoe wrote: »

Why don't you save up then buy the car?

Where's the fun in that?

angelfire

Dr.Shoe wrote: »

Why don't you save up then buy the car?

I know that the one you want will have gone but another the same will come up I'm sure.

This, I agree, is the obvious solution, and it is/was the original plan. However, my current car now needs a repair that would cost a fortune. Hence why I'm trying to make changing it a few months earlier an option. I don't have a specific vehicle in mind anywhere, we only know what make and model, spec etc we want, were' also considering buying new. i guess what I';m trying to say is that i'm not stamping my feet demanding a new car before I can really afford one, it's just my current car has not lasted as long as it needed to!

If necessary I shall simply do without one in the interim, I just thought i would post on here to see if there was a way of avoiding the need to struggle without a car for a few months, that's all :-)

izools

Perhaps rent one? No that's silly. Or get a chitty banger for the next couple of months maybe a '89 Vauxhall Nova :rotfl: :rotfl: