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Balance Transfer Question

Hi all

I am switching from Tesco to Nationwide credit card, and I have deliberately transferred 100 quid more than my balance in the hope that when I shut the Tesco one down I can just withdraw that to my current account.

Is that ok to do?!
I've just started entering the competitions (July 07). When I win I'll update this signature. Look on the bright side, I shouldn't have to update it very often.

Comments

  • INT1
    INT1 Posts: 1,257 Forumite
    Part of the Furniture Combo Breaker
    Afainst T+C's but I know people that do it for a lot more than £100!

    Depends on the card issuer if you get away with it or not.
  • lawtz04
    lawtz04 Posts: 585 Forumite
    Thank you. Hopefully it will be okay!
    I've just started entering the competitions (July 07). When I win I'll update this signature. Look on the bright side, I shouldn't have to update it very often.
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