&More Credit Card - Loophole/Exploit?

Cardinal-Red

Hey guys... got my credit agreement today from &more (M&S) because I feel my tarting days are over, and want a nice LoB transfer.

The agreement makes no mention of the LoB offer, but instead talks of 6 months at 0% for balances transferred. I rang and spoke to customer services, and they confirmed that the LoB isn't on the agreement, but is active for the 6 months from the day the card is activated...

So... (and I think you can see where this is going!) because there is no fee, could I transfer on now at 0%, then off again in 5 months, then back on again just before 6 months are up, to take advantage of both offers? I've an old Egg card with SBT facility so no charges anywhere as far as I can see?

So... what have I missed! :-)

a&akay

Your agreement must be different to mine. On the front and back page it mentions 3.9% per annum for Balance Transfers, transferred within 6 months of account opening. I will slow stooze building up to the £6k limit asap.

Beancounter

Cardinal-Red wrote:

Hey guys... got my credit agreement today from &more (M&S) because I feel my tarting days are over, and want a nice LoB transfer.

The agreement makes no mention of the LoB offer, but instead talks of 6 months at 0% for balances transferred. I rang and spoke to customer services, and they confirmed that the LoB isn't on the agreement, but is active for the 6 months from the day the card is activated...

So... (and I think you can see where this is going!) because there is no fee, could I transfer on now at 0%, then off again in 5 months, then back on again just before 6 months are up, to take advantage of both offers? I've an old Egg card with SBT facility so no charges anywhere as far as I can see?

So... what have I missed! :-)

I would have thought you will only have 1 of the offers. I signed up for the 3.9% deal but the guy on the phone said I was on the 0% deal. After querying it he realised it was the 3.9 I was getting. Probably best if you call to confirm which one you are approved for.