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Is this possible?
spreadtrader
Posts: 103 Forumite
in Credit cards
Mbna card with £10000 limit currently owe £7500 i have just been offered 0% until june 13.
Can i transfer £2000 into current account and then pay £2000 off the card?
If i do this a number of times I would end up with the balance at 0% for 12 months.
i know i will pay a bt of 3.5% but think i will save over the long run?
Hope this makes sense
Can i transfer £2000 into current account and then pay £2000 off the card?
If i do this a number of times I would end up with the balance at 0% for 12 months.
i know i will pay a bt of 3.5% but think i will save over the long run?
Hope this makes sense
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0
Comments
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mbna only allow c amount to be transferred to your current account, so in theory yes... but limit may scubber that plan.
If you have access to the virgin site, (where you view the bills) you can see limits and arrange the transfers there.If you keep on doing what's you've always done, you'll keep on being what you've always been...:think:0
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