Here's a question for you ....

YorkshireBoy

tom188 wrote:

YB has quoted the amount of interest. (only for 12 months mind, not til apr [strike]2007[/strike] 2008, although the difference is pence).
PH has quoted the amount of interest plus the fee.

I disregarded the BT fee itself, because that wasn't what the OP was complaining about.

tom188

So the fee is actually less than 2.4% on a 14 month credit card deal. Whats the problem with that? Lots of companies are charging 3%.

tom188

YorkshireBoy wrote:

I disregarded the BT fee itself, because that wasn't what the OP was complaining about.

Quite so, it only seems to be the piffling interest charge they seem concerned with.

FFP

The problem is that it's not in the T&C's and HSBC staff are giving out wrong info !!

And some will post here next month, complaining that they are being charged interest on it, when they thought / were told they wouldn't be !!!

And I guess everyone will tell them " Yeah, We knew" rather than start a thread now to stop them making a decision based on false / misleading info.

YorkshireBoy

FFP wrote:

The issue is that if someone is weighing up the transfer fee Vs keeping money in a high interest account for the period, the margins are a lot less when this interest is taken into account.

If your margins are so tight, then maybe stoozing isn't for you.

FFP

Good advice.

I've "thanked" you for your input......

Phoenix79_2

FFP wrote:

The plot thickens .....

Apparently (according to 2 employees !!!!) YOU WILL BE CHARGED INTEREST ON THE BALANCE TRANSFER FEE DURING THE 0% !!!!

It's like making a transfer, and then making a seperate purchase on the card !!!

Card now cut up ......

For the sake of a few pounds per year interest on the BT fee, you are getting an interest free £1k loan. That doesn't sound unreasonable to me?

Anyway your decision.....

Lopo

LOL - see sense man !!