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!
BT into current account
BeckyMellor225
Posts: 15 Forumite
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
0
Comments
-
-
Thanks - sadly I already have a Tesco card. Time to get rid of it I think0
-
yes, the Tesco card is the best one for this.
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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards