Quick M&S card BT question!

MarathonMan1981

Instead of transferring other outstanding CC balances to my M&S card, can i transfer through Egg Money instead? So i'll get a bit of interest and 1% cash back when paying off my other CC balances?

Ta!

abitrubbish

I have transfered a balance from Egg Money (leaving it in credit) to my M&S card, then onwards into my current account to pay off my overdraft. I don't know whether or not I got any cashback yet, and it was there for such a short time I don't think I will have got any interest to speak of either.

Not quite sure what the advantage of doing this would be except to allow a transfer which you couldn't otherwise do (ie to a loan or overdraft), though I suppose cashback would be nice it would have to be balanced against the time delay when you're still paying interest at a higher rate on the other card...