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Confused
Snatch84
Posts: 4 Newbie
in Credit cards
I have £2200 on a credit card and a £1300 overdraft I would like to clear.
My undestanding is that the best way to do this is via a super balance transfer on a 0% credit card. I would then have to pay approx 2.5% on the credit card and approx 4% on the overdraft as a handling fee.
Is this correct and can this be done with the Virgin credit card?
Thanks in advance for any help.
My undestanding is that the best way to do this is via a super balance transfer on a 0% credit card. I would then have to pay approx 2.5% on the credit card and approx 4% on the overdraft as a handling fee.
Is this correct and can this be done with the Virgin credit card?
Thanks in advance for any help.
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Comments
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Yes to all of your questions! Virgin card certainly one of (if not the) best card for that purpose.
They can be a bit strict at times though so don't be too disheartened if they turn you away. How is your credit history etc?Cashback Earned ¦ Nectar Points £68 ¦ Natoinwide Select £62 ¦ Aqua Reward £100 ¦ Amex Platinum £48
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