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Overdraft

gandalftheking
gandalftheking Posts: 293 Forumite
Part of the Furniture 100 Posts Name Dropper Combo Breaker
in Credit cards
hi all

since changing jobs and having a few months in between of not working, i managed to create a running overdraft of £4k ish. this has been costing me £30++ per month in charges, but i dont know how to move the debt to a 0% option - i recently got the GE card (12 months 0%), but it wouldnt let me move debt from an overdraft situation.

any ideas?

thanks

Comments

  • asandwhen
    asandwhen Posts: 1,407 Forumite
    get an egg money card - transfer the balance from the ge card to the egg money card then transfer from the egg money card to the current account (egg money dont charge a fee for this)
  • gandalftheking
    gandalftheking Posts: 293 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    asandwhen wrote:
    get an egg money card - transfer the balance from the ge card to the egg money card then transfer from the egg money card to the current account (egg money dont charge a fee for this)

    thanks. so i can move "money", even though theres no balance on the GE card, to the egg card? sounds nice and devious! i like!!
  • asandwhen
    asandwhen Posts: 1,407 Forumite
    yes egg money card lets you have a possitive balance so you can transfer cash even if you dont have a balance.
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