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Can I still SBT through Egg - If I'm not in my 0% period.?

Shinds
Posts: 449 Forumite

in Credit cards
Hi all,
The 0% period of my Egg card is coming to an end...
What I'd like to know is, once I'm no longer in my 0% period - Can I still Balance Transfer on to my Egg (as in putting it into a positive balance) and then SBT the funds into my account
Thanks
The 0% period of my Egg card is coming to an end...
What I'd like to know is, once I'm no longer in my 0% period - Can I still Balance Transfer on to my Egg (as in putting it into a positive balance) and then SBT the funds into my account

Thanks
0
Comments
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short answer is YES0
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You most certainly can. I did this today. A Balance Transfer from Capital One put my Egg CC £5K into credit, then I just did an online SBT to my current account. How easy is that? Go for it, but make sure you don't go into the red on your Egg Card, obviously!0
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Hi. Forgive me being a bit of a thicko here - but this is all new to me.
From your example, if I have CapOne card on which I owe £5K - if I BT to Egg - then why does that show up as a credit on my Egg card - and not a debit. I thought I was transferring the debt?
I now this is probably obvious to you, but can you just clarify this.
Thanks.0 -
Jeppo wrote:You most certainly can. I did this today. A Balance Transfer from Capital One put my Egg CC £5K into credit, then I just did an online SBT to my current account.
Taking Jeppo's post above as an example:
1. Am I right in assuming that the Capital One card does not have be 0% at the time the balance transfer is made?
2. Am I right in thinking that you do not have to be balance transferring real debt from the Capital One card, but just the Capital One credit limit?
Thanks.Please call me 'Kazza'.0
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