How to clear overdraft using interest free c card

isthisfree

I've managed to get a good 0% transfer card and am wondering how to try to clear my overdraft using it. I dont think I can just transfer it straight over so is it possible to withdraw cash using old credit card at cashpoint, use that cash to pay off overdraft and then transfer the balance of the c card to the o% one? any ideas?

Tixy

What card is it?

Is it one that allows super balance transfers (aka money transfers), if so are these also at 0%. If it is then you can transfer the money to your current account for a 1 off money transfer fee (usually around 4%). Such cards listed here http://www.stoozing.com/sbt.php

The route you are considering might be possible but could be costly. You would probably incur a fee everytime you withdrew cash, there is probably a maximum you can withdraw in a day and on cash withdrawals interest is charged straight away from the date of withdrawal to the date of transfer (which is likely to take a few days at least).

If your card doesn't allow SBTs is it also 0% on purchases? how much is your overdraft to pay off? and how much spending do you do each month on your debit card that you could pay off by the credit card instead (eg food shopping, petrol, train fares etc etc). It might work out cheaper to slow stooze using this method rather than withdrawing cash.