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Virgins super balance transfer Card

Morning all,

I have been accepted by Virgin for their 0% card :j.

I am using it to turn some of my debt into 0%, as I didn't know my limit until I was accepted I said I would like to have £2500.00 as my amount transfer, which is just one of my loans.

The thing is now that I have been accepted, Virgin have offered my £4400.00, so I would like to send all the amount from the card to my bank, is it possible when the card turns up that I can do do this?

I know that I will incur another 4% fee but not to fussed a s long term I will save more in interest on a couple of the loans and at the same time reduce the term.

Regards
Chris.
YNAB is my new best friend. :)

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The answer to your question is yes.

    However, they'll limit the amount to 95% of your credit limit. This figure may or may not include the 4% fee, but at least you'll be able to transfer over 90%.
  • The answer to your question is yes.

    However, they'll limit the amount to 95% of your credit limit. This figure may or may not include the 4% fee, but at least you'll be able to transfer over 90%.

    :T thankyou
    YNAB is my new best friend. :)
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