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LloydsTSB 0% BT - 9 months

carpy
carpy Posts: 1,089 Forumite
Part of the Furniture 500 Posts Name Dropper
their platinum credit card looks ok as title suggests.

2.5% fee (doesn't say whether it's capped or not?!?)

the part of the terms i didn't like was this

'Interest is charged on balance transfer fees'

does this mean while you large BT debt is sitting at 0% the fee you've paid is gaining interest and you can't pay it off unless you settle the whole debt?!?!

:(

Comments

  • gordies
    gordies Posts: 57 Forumite
    oh yes, you have seen the catch.

    bt £5000, pay fee of £125 and then pay 15.9% ?? on the £125

    its a fly way of them making money.
  • carpy
    carpy Posts: 1,089 Forumite
    Part of the Furniture 500 Posts Name Dropper
    gordies wrote:
    oh yes, you have seen the catch.

    bt £5000, pay fee of £125 and then pay 15.9% ?? on the £125

    its a fly way of them making money.

    that's abit naughty!!!!!! :(

    wont be bothering with that then!!!
This discussion has been closed.
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