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Santander Balance transfer
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e_saver_2
Posts: 9 Forumite
in Credit cards
Hi i hope someone can give some advice on if this is possible/ a good idea...
We have a Santander Card that had a balance transfer that has just finished the 0% period. We have read that they are offering 0% for 13 months fee free for existing customers. Can we transfer the balance to a Tesco card that we have had for over a year so there would be no fee just interest and then immediately swap it back to Santander to get this deal?
So is this possible? or will Santander say no as it would be the same amount they had transferred a short time before?
Thanks for your help
e
We have a Santander Card that had a balance transfer that has just finished the 0% period. We have read that they are offering 0% for 13 months fee free for existing customers. Can we transfer the balance to a Tesco card that we have had for over a year so there would be no fee just interest and then immediately swap it back to Santander to get this deal?
So is this possible? or will Santander say no as it would be the same amount they had transferred a short time before?
Thanks for your help
e
0
Comments
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Yes you can, you will still have to pay the fee from Tesco and you'll have to make sure that you wait for your Santander balance to show £0 before doing the transfer again0
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Thanks for that.
From reading the back of the Tesco Statement we wont have to pay a fee as we have had the card over 11 months and it isn't going on to a special rate.
All seems easier than trying to find another card!0 -
I would ask Tesco what they are offering first,quite often they offer 7.9% lob deal.Just in case everything does not go to plan.I have a deep burning indifference0
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