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0% Interest on purchases

Options
0% interest on new purchases, can you use this to
pay off an existing loan? (i.e does this class as a purchase)

Comments

  • smartsaver
    smartsaver Posts: 968 Forumite
    No - this would be considered a balance transfer.

    Egg CC allows this facility direct to pay off a loan online.
  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    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 Halifax
  • smartsaver
    smartsaver Posts: 968 Forumite
    As previously stated I think it is only EGG that will allow you to directly pay off a loan...
This discussion has been closed.
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