Charges on balance transfers _may_ be levied?

StarX_2

Hi all,

I am shopping around for a new card, and I would like to know if I am going to have balance transfer handling fees charged on the card. I read sometimes phrases like: "A service fee of 2% may be charged for balance transfers" (Citi Platinum), or "A handling fee may be charged for balance transfers" (Virgin). How does one find out if a charge is going to be levied? Are there existing threads discussing this charges? I couldn’t find any.

In particular, do you know if any of the above named providers normally charges those fees?
Thanks

YorkshireBoy

StarX wrote:

Hi all,

I am shopping around for a new card, and I would like to know if I am going to have balance transfer handling fees charged on the card. I read sometimes phrases like: "A service fee of 2% may be charged for balance transfers" (Citi Platinum), or "A handling fee may be charged for balance transfers" (Virgin). How does one find out if a charge is going to be levied? Are there existing threads discussing this charges? I couldn’t find any.

In particular, do you know if any of the above named providers normally charges those fees?
Thanks

I'm just starting to stooze, see my thread below...

http://forums.moneysavingexpert.com/showthread.html?t=37082

Within the above thread are some pointers as to BT fees. I've just applied for a Virgin (backed by MBNA) card and I've been told there are no BT charges. Someone else has said that Egg do not charge for BT's at any time in the 0% period.

The issue of BT fees has been discussed many times in recent days/last week on this board, but may not be referenced in the post title. If no-one else comes back with a definitive "list" of providers, I'm afraid you're going to have to read all the posts to find the bit(s) you're looking for.

HTH
YB

colinw

I know that Virgin do not charge and I rang Abbey lasy week and they said they would not charge for a BT from Egg.