Unoffical Existing Customer Balance Transfers

sfax

blitzboy wrote: »

They have been known to treat you as a 'returning customer' rather than a new one so you dont get the new customer deals, even after 12 months.

At least according to some on here, not experienced it myself.

I've been a "returnning customer" and after being accepted for a new 0% BT card they then said I couldn't have one but would give me a standard CC instead (obviously I declined)

However, i was somewhat foolishly and optimistically returning only 6 months after the close date, and I was told at the time that if I re-apply after another 6 months, the new customer deals would be available to me. Whether that actually happens is yet to be seen.

Flying_Solo

Im considering ringing my CC provider up tomorrow re any offers they can make me. Im currently with Lloyds.

It probably sounds silly but whats the best way to phrase what im looking for?

angelsmomma

I got the 0% balance transfer offer with nationwide as a new customer 2 years after closing my account

Flying_Solo

Does anyone have any success or tips on getting good deals as an existing customer with a current balance on a CC?

Thanks

blitzboy

Flying_Solo wrote: »

Does anyone have any success or tips on getting good deals as an existing customer with a current balance on a CC?

Thanks

Success, yes. With Barclaycard.

Tips, not really. All you can do is phone and ask if they have any balance transfer offers on your card and they will either say yes or no.

sfax

Flying_Solo wrote: »

Does anyone have any success or tips on getting good deals as an existing customer with a current balance on a CC?

Thanks

If you mean a current balance that you want to get a better interest rate on, you would need to BT it off the card and then back on again. They won't just switch the rate you are on. If you mean for a new BT onto an existing card, as per Blitzboy, you have to call them.

You are probably more likely to get a better new 0% BT deal if you have a £0 balance and threaten to close the account (although this doesn't always work)

badobsession81

sfax wrote: »

If you mean a current balance that you want to get a better interest rate on, you would need to BT it off the card and then back on again. They won't just switch the rate you are on. If you mean for a new BT onto an existing card, as per Blitzboy, you have to call them.

You are probably more likely to get a better new 0% BT deal if you have a £0 balance and threaten to close the account (although this doesn't always work)

If it helps, and things may have changed recently, but I've been able to get existing rates reduced. Both HSBC and RBS have agreed to lower my standard apr following promo rates - I basically said that I needed cheaper debt so considering moving my balance away (and them therefore losing my interest payments), but would rather stay with them if the can move on my standard apr - both reduced by about 2 or 3%. Nothing major, but cheaper nonetheless.

HTH

Bilbobagins

Came off MBNA's 0% Balance transfer rate a few months ago and onto their standard APR 26.4. Called MBNA yesterday to ask if they could offer anything less before I moved the debt and the answer was a big fat 'NO'. Having told them i would be transferring and closing the account they still couldn't care less. So much for being a good customer for years!!

Very disappointed I have to say as their APR is ridiculous.:(

Adorian

thenudeone wrote: »

Nationwide rarely (if ever) make repeat 0% offers).

Even if you close the account, wait years, then re-apply, they won't allow you to have another 0% offer even on a new card (or so I was told).

I got a 0% new customer with Nationwide after my card had been closed down for less than 2 years. I think it was more like 18 months, but I had no problems with it at all; it was processed just like any other new customer 0% BT request.

thenudeone

Barclaycard Platinum; old card rarely used (only for BT offers)

Just offered me 0% BT for 9mths with 2.9% fee, but my OH has been offered 12mths at 0% !!!!!!!!