Overdrafts and Credit Card Debts

cateuk

Hi, I'm really confused, please help.

I have a debt of approx £1500 in a Natwest current account (overdraft). I also have approx £1800 on a Barclaycard.

I have seen that Tesco and Barclaycard are offering a 20+ 0% balance transfer at the moment.

My question is, can I transfer/pay off the Natwest debt with my Barclaycard and then transfer that debt to a new Tesco/Barclaycard to get the 0% interest free repayments?

I know I can't transfer an overdraft direct to a credit card but there must be a way.

tink_1983

I don't think you can pay off overdraft with credit card.

But you could just put all purchases on the 0% tesco card & use ur cash to pay overdraft back.
And then get cc debt transferred onto tesco card. Think the offer is 9 months % on BT & 16 months on purchases

BugsyBrowne

cateuk wrote: »

Hi, I'm really confused, please help.

I have a debt of approx £1500 in a Natwest current account (overdraft). I also have approx £1800 on a Barclaycard.

I have seen that Tesco and Barclaycard are offering a 20+ 0% balance transfer at the moment.

My question is, can I transfer/pay off the Natwest debt with my Barclaycard and then transfer that debt to a new Tesco/Barclaycard to get the 0% interest free repayments?

I know I can't transfer an overdraft direct to a credit card but there must be a way.

You need a super balance transfer card to put your overdraft onto a credit card.Try MBNA they do em.

1s10ma

A friend has credit card debts. He is unemployed and living off his wife.
He has cancelled and returned all his credit cards.

The banks are asking for income and expenditure. He is unable to provide it as he is being supported by his wife.

Can anyone please advise on how to respond to the banks or provide I/E.