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Money Transfers
Jonny123
Posts: 2 Newbie
in Credit cards
I want to get a credit card with a credit limit of say £2000.00, that allows me to transfer the full £2000.00 into my current account, at 0% interest for around 12 months.
Is this do-able, other than with MBNA, as I've already tried, and if so who offers such a service?
Regards,
Jonny
Is this do-able, other than with MBNA, as I've already tried, and if so who offers such a service?
Regards,
Jonny
0
Comments
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Look at http://www.stoozing.com/0fees.php for info on which cards offer the facility.
All cards charge a one off fee (normally around 4%) and also only allow upto 90 - 95% of the limit to be transferred.
So you would need a card with say roughly a £2300 limit, to transfer £2000 + the 4% fee on top and to stay within 90 - 95% of the limit.
Others allow a transfer into a bank account, but at the normal APR rate of the card i.e. not 0%0
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