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0% Interest on purchases

parkie79
Posts: 3 Newbie
in Credit cards
0% interest on new purchases, can you use this to
pay off an existing loan? (i.e does this class as a purchase)
pay off an existing loan? (i.e does this class as a purchase)
0
Comments
-
No - this would be considered a balance transfer.
Egg CC allows this facility direct to pay off a loan online.0 -
0% for purchases means as exactly that i.e. 0% for purchsing.
There are cards which allow BOTH 0% for purchases and balance transfers such as Intelligent Finance and Halifax0 -
As previously stated I think it is only EGG that will allow you to directly pay off a loan...0
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