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tescos 0% purchase only credit card
urban_1958
Posts: 2 Newbie
hi i wonder if anybody can help ,we got a 0% purchase only credit card (tescos)and we wish to settle our car loan , if we use this card to pay this loan off, would it be classed as a purchase at 0% or would it be classed as something else .thanks
0
Comments
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Loan companies won't normally let you settle a loan with a credit card
The only way you can do this is with a card that allows Super Balance Transfers; which allows you to transfer money into your bank account which would then enable you to pay off the loanMFW 2025 #50: £1989.73/£600007/03/25: Mortgage: £67,000.00
12/08/25: Mortgage: £62,500.00
12/06/25: Mortgage: £65,000.00
18/01/25: Mortgage: £68,500.14
27/12/24: Mortgage: £69,278.38
27/12/24: Debt: £0 🥳😁
27/12/24: Savings: £12,000
12/08/25: Savings: £12,0000 -
normally i would ask for a settlement figure from the loan people who then would send us a paying in slip with the final amount ,therefore could you use the card to pay it of0
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