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GE transformation card - capped at £50 BTF?

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:D Hi,

In martin's article about best 0% with fees BTs he reccomends the GE money card, and says it's capped at £50. I've been to the site and started to apply, but couldn't find anything about it being capped anywhere. It just says 2.5% fee. CAn anyone confirm whether it's capped?

THAnks
Sarah

Comments

  • mattbass
    mattbass Posts: 357 Forumite
    Part of the Furniture Combo Breaker
    It is capped at £50 according to the stoozing web site and those boys are on the ball.

    http://www.stoozing.com/0fees.htm
    .
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    Thanks MAtt. Will ring them tomorrow and check.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    sarahs999 wrote:
    It just says 2.5% fee. CAn anyone confirm whether it's capped?
    It appears that GE Money have removed the cap on the Transformation card BT fee.

    I've asked the guys at https://www.stoozing.com to update the table.

    Martin's article on this card will also require updating to reflect this recent change.
  • humfer
    humfer Posts: 1,779 Forumite
    It appears that GE Money have removed the cap on the Transformation card BT fee.

    I've asked the guys at https://www.stoozing.com to update the table.

    Martin's article on this card will also require updating to reflect this recent change.

    Thanks for the update YorkshireBoy. This seems to be a trend. First the fee free deals seem to be running out. Now with GE following Marbles, the capped deals are starting to run out. Will have to apply to Natwest before they remove their capped deal...
  • sarahs999
    sarahs999 Posts: 3,751 Forumite
    OH dear. Back to the drawing board then.

    Are there any 12 month capped ones around still?
  • Hi guys,

    We've been tracking this for a couple of weeks, and GE's line on it has been that the cap still exists - until today.

    We've now received confirmation that the cap has been withdrawn on the Transformation card - and our article will be amended with that info.

    Hope this helps

    Dan
    Former MSE team member
  • humfer
    humfer Posts: 1,779 Forumite
    MSE_Dan wrote:
    Hi guys,

    We've been tracking this for a couple of weeks, and GE's line on it has been that the cap still exists - until today.

    We've now received confirmation that the cap has been withdrawn on the Transformation card - and our article will be amended with that info.

    Hope this helps

    Dan

    Its not surprising - quite a few cards in the last few weeks have dropped the capping
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