BT into current account
BeckyMellor225
Forumite 15 Posts
Hi
do any of the current low fee cards let you transfer the money into a normal bank account rather than transfer a debt? I know I have done this in the past with an egg card where they gave me a whopping limit on 0% and let me transfer it all in to my VirginOne offset mortgage current account thingy. I paid the minimum and then just paid it all off at the end of the 0% deal - job done.
I can't see an easy way to spot if anyone will let me do this any more. Does anyone know?
My mortgage rate is 3.9% so its only worth doing with the low/no fee cards
do any of the current low fee cards let you transfer the money into a normal bank account rather than transfer a debt? I know I have done this in the past with an egg card where they gave me a whopping limit on 0% and let me transfer it all in to my VirginOne offset mortgage current account thingy. I paid the minimum and then just paid it all off at the end of the 0% deal - job done.
I can't see an easy way to spot if anyone will let me do this any more. Does anyone know?
My mortgage rate is 3.9% so its only worth doing with the low/no fee cards
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Replies
i haven't done this for years though, as i create the debt by spending on cashback cards & cycle the money around. i haven't bought anything with a debit card for 10 years or more, and only pay cash in a couple of pubs.
might apply for a Tesco card next month, but it would be for the fee-free BT deal, and then potentially generate some Clubcard points if the deal is right.