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Overdraft - Credit card question? Please HELP

Hi All,

I don't know who to ask so I thought my fellow money saving experts could answer this one:

I am almost £1000,00 in overdraft on my current account...I want to know, can one transfer this to a credit card for example. Currently I have a Barclaycard which is not interest free anymore but I have tansferred the balance from them to M&S which is interest free for 6 months.....

If this can be done and my 2 credit cards are no good which card would be better.....

I URGENTLY NEED YOUR ADVICE.....thanks.

Comments

  • motch
    motch Posts: 429 Forumite
    Hi

    I'm no expert

    but if you can transfer onto a credit card you could phone up barclays (make sure you have no money owing on it) and ask to transfer the grand onto that if they offer you a really good deal like 0% for 9 or 12 months, would be a 2% fee at least i'd of thought. If one operator is not playing ball ring up later and try again...

    regards
  • Bisoy
    Bisoy Posts: 873 Forumite
    There are a few credit cards that will allow you to transfer your overdraft to a credit card and the MBNA cards are a good example.

    If you visit https://www.stoozing.com they have a good articles super balance transfer (SBT cards). Hope this helps.
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