We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Pay Minimum Payments Using Current Slow Stooze Card?

Hi all,

I was just wondering if there is any reason that I cant / shouldn't pay the minimum payments on my maxed out credit cards with my current 12 month 0% on purchases slow stooze card. I would obviously then be transfering the equivalent into savings from my current account. Would a payment to a credit card count as a 0% purchase?

Thanks

Comments

  • oldfella
    oldfella Posts: 1,534 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    the only way you can pay one CC from another is with a balance transfer
  • mattih5
    mattih5 Posts: 204 Forumite
    Part of the Furniture Combo Breaker
    GrowMoney wrote: »
    Hi all,

    I was just wondering if there is any reason that I cant / shouldn't pay the minimum payments on my maxed out credit cards with my current 12 month 0% on purchases slow stooze card. I would obviously then be transfering the equivalent into savings from my current account. Would a payment to a credit card count as a 0% purchase?

    Thanks

    Hi GrowMoney, just out of curiosity which slow stooz card are you using because I am on the look out for one of these? I have spotted the Halifax One card with 12 months free interest on purchases - thanks.
  • GrowMoney
    GrowMoney Posts: 19 Forumite
    oldfella wrote: »
    the only way you can pay one CC from another is with a balance transfer

    Cheers, does this include the Norwich and Peterborough Card though? When I make a payment to this the payment is made via Worldpay which simply asks you to enter payment card details.

    Hi mattih5 i'm currently using the Halifax One Card with the 12 months 0% you describe.

    Thanks
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    GrowMoney wrote: »
    Cheers, does this include the Norwich and Peterborough Card though? When I make a payment to this the payment is made via Worldpay which simply asks you to enter payment card details.
    There are no credit card options here. The only options are debit cards:

    Visa Delta
    Visa Electron
    Solo
    Switch/UK Maestro
  • GrowMoney
    GrowMoney Posts: 19 Forumite
    There are no credit card options here. The only options are debit cards:

    Visa Delta
    Visa Electron
    Solo
    Switch/UK Maestro

    Cheers YorkshireBoy thought that was too good to be true :T
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.