NEW Capital One 0% BT on 18 & 15 months !!

roaming_rhino

Hi guys

I was scouting through the mentioned magazines and out came into my hands was 2 15 month 0 % offers and 2 18 month 0% offers

Im hanging onto one of the 18 month offers but the other are going begging

will be off to my local morrisons to grab a few more to help people out tommorrow

just PM me if anyones want one that I have

ps cannot believe some ones selling these on ebay
desperation or what !!!

lswwong

Gee someone should go and wind up the person who is selling the leaflet on eBay!!!! Unbelievable!

On a more positive note, we are an examplary nice bunch here at MSE helping one another out for free hunting for these leaflets. :-)

Silent_Bob_3

Did Birminghams New Street Whsmiths and the main store this morning and nothing but the 12 months one (or less) so far.

I take it says 15 or 18 months % on balance transfers on the front of the leaflet?

Kippsy

This might seem really dense but I'm sure I haven't seen it on here already... Is the capital 1 BT thing a super balance transfer deal or only CC to CC?

Also what kind of credit limits are people getting?

Thank you also to the lovely people who are finding the leaflets and sending them on to people! Cannot believe that one is on ebay! But still also can't wait to see what someone will pay for it... if anything

Cheers.

koru

Wild_Rover wrote:

Can someone tell me - I have never looked at a card with charge for BTs before - how does the £50 fee "work"? Is it added to the amount of the BT? If so, is it also 18 months interest free? If not, and it counts as a "transaction", does it attract interest from day 1 until the end of the 18 months?

I just got lucky with an 18 month one in Zest magazine (other copies seemed to mainly have 15 months ones). Truly the Holy Grail of stoozedom!

In answer to your question, it isn't clear, but I think you pay interest on the £50 fee from day 1. That is to say, I can't see anything that says you don't pay interest. But it does say that any payments to the account will be used to pay off "other fees" before balance transfers. So, you could pay in £50 on day 2, and this should stop the interest ticking.

This might seem really dense but I'm sure I haven't seen it on here already... Is the capital 1 BT thing a super balance transfer deal or only CC to CC?

Good question! What it says is that they will transfer to the account "the amount of any balance, of at least £50, which you ... ask us to transfer to the account from another financial institution in the UK". So, it isn't just credit cards, but it does seem that you have to have a "balance", ie an amount owed. So, SBTs are probably out. (Has anyone tried to transfer to a current account? I don't think Cap 1 usually do SBTs, do they?)

If I am right, then assuming I can get a £25,000 limit, I have a problem, because I don't owe that much to any other lender. So I would have to do a BT to at least two cards. Does that mean I have to pay the £50 fee for each BT?

Edit: The bit of the form that you fill in has a BT request field, but this asks for the card number. Perhaps it does have to be a credit card transfer.

Longpockets

Found one of the 18 month offers in the classic cars mag today in WHSmith in Ormskirk.

Longpockets

Can anyone tell me why all that poetic guff has been added to my post???

koru

Longpockets wrote:

Can anyone tell me why all that poetic guff has been added to my post???

A glitch. You have gained someone else's signature. You need to Edit Signature, in User CP (look toward the top of this page).

Unbelievable_2

lswwong wrote:

Gee someone should go and wind up the person who is selling the leaflet on eBay!!!! Unbelievable!

Nothing to do with me squire :rolleyes:

DebtEverest

koru wrote:

So, it isn't just credit cards, but it does seem that you have to have a "balance", ie an amount owed. So, SBTs are probably out. (Has anyone tried to transfer to a current account? I don't think Cap 1 usually do SBTs, do they?)

If I am right, then assuming I can get a £25,000 limit, I have a problem, because I don't owe that much to any other lender. So I would have to do a BT to at least two cards. Does that mean I have to pay the £50 fee for each BT?

I suppose there is nothing stopping you doing a BT of whatever your limit is to a clear egg card and then you can do a SBT from there to your current account.

I also assume that if you did more than one BT, then the fees would apply each time, of course the amount depends on how much the BT is for (up to a max of £50). My experiences with Barclaycard BT fees is that the fees do attract interest and it gets added to the account each month.
However the fees were at the BT interest rate of 2.9%, so in Capital One's case the fees would be at 0%????
Need to study the T&Cs to be sure.