Money transfer avoiding money transfer rate

Matrix_Keeper

Hi there,

Virgin Money have 2 handling fees:-
2.98% for balance transfers
4% for money transfers

Can you recommend a way to transfer money into my bank account using the 2.98% handling fee? I recall this is called 'muleing'. I don't have an Egg Money card.

Is is possible to do a balance transfer to a Visa Debit card?
How about to a credit card with a Nil balance - then transfer the credit to the bank account?

Thanks all.

bengalknights

Without the egg card you would find it near impossible to transfer cash from a cc to your bank via other companys.

Its easier just to go direct through virgin and take the 1% extra hit imo.