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Feeling cross at my own mistake!

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I received my Tesco Clubcard statement today with a credit card offer for 0% on balance transfers until November. Stupidly I then applied online (instead of telephoning them) for this card and after I had been accepted with a credit limit of £6500, realised the card online was for 0% on purchases until November and 5.9% on balance transfers.

I have rang Tescos to see if they could alter the interest rate to 0% on balance transfers, but they are refusing saying they can only accept the first application.

Feeling cross!

I only wanted to transfer £1500 to 0%!

- is there any way I can use this 0% on purchases to my advantage..... feeling a bit peeved at my own mistake and can't think how this credit card could help me?

Comments

  • Galstonian
    Galstonian Posts: 1,292 Forumite
    Pay for everything you buy with your new 0% card and pay minimum amounts on it. Meanwhile use all the cash freed up to pay off your £1500 balance.
  • TonyB
    TonyB Posts: 172 Forumite
    Then when thats paid off putmoney equivalent to monthly spend in regular savings account, I do that with the Sainsbury 0% on purchases.
  • loan8r
    loan8r Posts: 54 Forumite
    I agree with the above and once youve payed off the £1500 try to "catch up" with the debt building up on the tesco card, by putting away more than you spend on the card, with a bit of luck when the 0% runs out you will be in a position to pay it off in full.
    Cheers M.
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