We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Santander Zero Balance Transfer

I took out a Sandtander Zero Credit card to help my son. He has a card with a balance that is charging 22% interest.

My intention was to transfer the balance to my Santander card, and let him take advantage of my 0% 0 fee balance transfer facility.

When I called Santander to make the transfer, I got told that the card I am transferring FROM must be in my name. They will not transfer a balance from my sons card.

My Virgin Card does not have this same restriction but they charge 3%.

Is the Santander Advisor correct? or have they made a mistake? Anyone transfered a balance from a family members credit card to a Santander card?

Comments

  • stephane_2
    stephane_2 Posts: 3,076 Forumite
    If you son's card is not from santander then it should not be a problem, you could even transfer a debt from your neighbour if you wanted to...I think you need to call them again. Beware that customer service with santander is probably one of the worst and I don't think that the customer service knew what he was talking about
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    jeffo489 wrote: »
    I got told that the card I am transferring FROM must be in my name.
    Did you volunteer the information, or were you specifically asked the question "is the account in your own name?"

    Another option is to register for online access and make the BT that way instead. No humans involved then. ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.2K Banking & Borrowing
  • 252.1K Reduce Debt & Boost Income
  • 452.3K Spending & Discounts
  • 240.7K Work, Benefits & Business
  • 616.9K Mortgages, Homes & Bills
  • 175.6K Life & Family
  • 253.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.