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Worth using the Virgin balance transfer offer?
ET1976
Posts: 315 Forumite
in Credit cards
Just been reading about the new 16 month 0% BT offer with 1.5% fee from Virgin.
I've currently got a balance of just over £2000, which I can pay off, but at the expense of my normal ISA contributions for a couple of months.
Is it worth me opening a Virgin card and sacrificing the £30-odd fee in order to put the money in my 3.3% ISA, or am I just exposing myself to having too much credit available for a trivial amount of money?
Thanks!
I've currently got a balance of just over £2000, which I can pay off, but at the expense of my normal ISA contributions for a couple of months.
Is it worth me opening a Virgin card and sacrificing the £30-odd fee in order to put the money in my 3.3% ISA, or am I just exposing myself to having too much credit available for a trivial amount of money?
Thanks!
0
Comments
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Plugged the numbers you gave into the calculator at http://www.stoozing.com at it suggests that over 16 months you'd be up £51.
It's up to you to decide if that's worth it!!0
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