Best credit card deal for transfer and continued spending

KG

I have had a look through Martin's credit card guides, but am still not too sure which is the best deal for me.

I have a credit card on my business account (I'm a sole trader just starting up) with £957 on it an an extortionate APR. I have been advised to change my credit card to one with a more reasonable rate after dicovering that I don't need an actualy business credit card - just a separate one for my business transactions.

So - I would like to transfer the £957 onto a better deal and will be paying it off bit by bit, but will still continue to use the creditcard to make business purchases. I reckon it will be a couple of years for the business to establish and for me to be able pay off the CC in full every month.

So - given I need a balance transfer and an ongoing good rate (an the fact that I don't want to use American Express) can anyone suggest the best deal for me?

Thanks

KG

dylanuk

You need to get a 0% balance transfer and purchase credit card - which offers a 0% on both for the same length of time - this way you avoid any hidden interest traps when one 0% deal expires before the other one. There are some listed here http://www.credit-card-comparison-on.../0-balance-transfer-purchase/

MoneySuperMarket.com have a special Virgin credit card available at the moment which offers 0% on both for 12 months - this is the best deal in the market I believe. MBNA (who issue Virgin) are quite good with credit limits too (i.e. generous).

There is also Sainsbury's with 0% on both for 10 months. Also Halifax & Bank of Scotland do 0% for 9 months.