can i transfer money from overdraft?

Irishorangutan

Can I transfer money from my current account and business account onto a credit card and maintain a 0% rate for six months?

I understand you can BT from another credit card, but I have around 2000 on overdrafts, that I could clear easily enough in 6 months - especially at a o% rate. Is this possible?

Thank you.

Luke

Only if your credit card allows transfers to your current accout. There are a handful that do 90% don't. Virgin are good for this others use Egg

YorkshireBoy

I assume this is your A&L card (I've seen your other post)?

You certainly used to be able to use the A&L card for Super Balance Transfers (SBT's). However, this card now has a 'Money Transfer' definition in it's T&C's so check before you action the SBT.

The alternative would be an A&L credit card cheque, which I believe are also offered at 0%.

There is, however, a BT fee applicable for both methods.

If you have an Egg Card or Egg Money card, you could BT from one of these cards and use their positive balance capabilities to transfer the 0% cash on to the current account - and settle your overdrafts from there.