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credit card question

Has anyone heard of this site...just found it off of FB.

Are these real or a catch somewhere?

just wondering if worth trying so i can get a 0% balance and start paying my debt.

http://creditcompareuk.com/lander2/index.html

Comments

  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Those 3 cards at show up are sub-prime and extremely expensive cards to borrow on, such as starting around 25% or more.

    For 0% credit cards see here - http://www.moneysavingexpert.com/cards/best-0-credit-cards#zero
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
  • bob5
    bob5 Posts: 32 Forumite
    Right thats what i thought..but if u select for eg the first card on that page it says 0% fixed apr forever.

    https://www.firstmillennium.co.uk/?cid=400678&dp=372525948&campid=219
  • DarkConvict
    DarkConvict Posts: 6,347 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    If the "scammish" looking website wasn't enough, First Millennium, looking at the terms the bank is registered in Luxembourg, so not even in the UK.

    Looking in the charges section there is a monthly fee of 4 euros, fees for putting money on the card, fees for changing the card status or pin number, if the card is unused you get charged 2 euros a month, see where this is going...

    Add in an exchange rate and there own conversation rate for paying in euros it is no cheap.
    Although no trees were harmed during the creation of this post, a large number of electrons were greatly inconvenienced.

    There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies
  • bob5
    bob5 Posts: 32 Forumite
    ty very much for the info ...it did look dodgy to me !
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