Natwest cc

Imani

I applied for a natwest cc as the online banking showed i may qualify. The guy tells me that natwest do not offer any ppi on their cards at present just on loans etc. Not a bad thing as I just want to use it for small purchases online

but when the amount was approved it way more than I expected and they assured me i could lower it.

would it make sense to do a balance transfer anyway but then do one back to the card its from where I do have card protection? the card with a balance has a 0% bt offer for 9 months but no purchase deals

if its not a good idea please say so

oh they mentioned a website that deals with card protection but i have not remembered the name.


what are your thoughts

macman

But then you'll be paying 2 lots of balance transfer fees...usually 3% a time.
Why do you need the PPI?

Imani

oh forgot about the bt fees. good point
the only reason i would want ppi is because of where i work - if ownership changes jobs could go. but i supposed by that time the balance would be cleared

macman

You are aware that the card issuers make more money on PPI than on the interest rates?

Imani

that explains why they used to sell it so aggressively.

macman

Precisely.