Date of application

carl310166

When does a CC account open?

Is it when you make contact with the CC company and apply,or when you sign and return the credit agreement?

My Egg anniversary is in January,but i have just rung Virgin today,to apply for the 9 month 0% card.

If it counts as being opened today,i will be a couple of days short.

Does the above make sense?

Thanks in advance.

Debt_Free_Chick

Certainly not before you sign the credit agreement.

I assume you will want to BT any balance on your Virgin card to Egg, to get the 0% anniversary rate on BTs? If you are a few days short, you could just wait as you will only have a few days interest to pay.

carl310166

Thanks,

Actually,i want to pay off my car loan via the virgin for 9 months 0%,then get another 5 months 0% with Egg.

I still have 0% until Sept with my Egg card,so if you can think of the better way of doing it,i would be all ears.

At the moment,

Egg 4.5k limit @ 0% until Sept,then hopefully get an increase of the limit by Jan 2006.

Virgin ???k limit @ 0% until Jan 2006 then transfer to Egg.

Virgin have told me that i maybe able to negotiate the limit when i get the paperwork through,but my car loan is 14K,so i guess i would need a limit of about 10k to make it work.

It has taken me a couple of weeks to get my head around the thought of putting 14k on cards,and i have asked advice before,so i am going to try and go for it,as it will save me about 2.5k in interest hopefully.

What do people think?