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Paying of a hsbc flexi loan with 0% credit card, is it possible?

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I've got a 0% balance transfer credit card with barclays and i want to move the debt onto it from my hsbc credit card (easy enough) but also would like to clear my flexi loan debt with hsbc, which im currently paying a lot for and never goes down...
Any advice would be cool, thanks....

Comments

  • stephane_2
    stephane_2 Posts: 3,076 Forumite
    No you won't be able to transfer the loan onto the credit card that you have...
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    koshiuk wrote: »
    I've got a 0% balance transfer credit card with barclays and i want to move the debt onto it from my hsbc credit card (easy enough) but also would like to clear my flexi loan debt with hsbc, which im currently paying a lot for and never goes down...
    Any advice would be cool, thanks....


    why doesn't the loan go down if you are paying a lot
    what are the details
  • Degenerate
    Degenerate Posts: 2,166 Forumite
    Barclaycard do offer to what is known as "super balance transfer" or "money transfer" to some customers, where they pay cash into your current account at balance transfer rates. It tends to be by invitation only though. Best ask them if they are willing to offer you this facility.
  • koshiuk
    koshiuk Posts: 12 Forumite
    thanks for the replies, claptop: the loan hasnt really gone down as i keep dipping into it! degenerate: that would be ideal, transferring to current account, its a barclays platinum card... i'l ask them about that thanks..

    I dont suppose HSBC would transfer the HSBC loan to my HSBC credit card would they? and then transfer that balance to my 0% barclays card? this would bring down monthly payments and onto 0%
  • stephane_2
    stephane_2 Posts: 3,076 Forumite
    No you won't be allowed to transfer hsbc loan onto hsbc credit card...
  • koshiuk
    koshiuk Posts: 12 Forumite
    stephane wrote: »
    No you won't be allowed to transfer hsbc loan onto hsbc credit card...

    ahhh.... ok

    Think the only option would be to just spend on my hsbc card what i would spend from my current account, build the current account up and then pay as much as possible into my flexi loan, and then hsbc card to barclays at 0% ?
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