Balance transfer from overseas?

Options
I have returned from living in NZ for 18 months and still have balances on 2 credit cards over there with the ASB bank. Can I transfer the balances onto a UK credit card? I was hoping to be able to do so to a 0% balance transfer credit card as currently it's costing me a fortune.

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Name Dropper First Post First Anniversary
    Options
    You can't BT directly. What you need is a 'super balance transfer' card, allowing 0% cash transfers into your current account...from where you can settle the foreign debt.

    http://www.moneysavingexpert.com/loans/cut-loan-overdraft-costs
  • Lettyx1
    Lettyx1 Posts: 19 Forumite
    First Post First Anniversary Combo Breaker
    Options
    So, YorkshireBoy, I apply for a super balance transfer card, then ask them to transfer ££££ into my current account. I then transfer the money straight to the cards in NZ. I then pay off the card at 0% interest. Am I understanding correctly?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Name Dropper First Post First Anniversary
    Options
    Lettyx1 wrote: »
    So, YorkshireBoy, I apply for a super balance transfer card, then ask them to transfer ££££ into my current account. I then transfer the money straight to the cards in NZ. I then pay off the card at 0% interest. Am I understanding correctly?
    Yes........
  • Lettyx1
    Lettyx1 Posts: 19 Forumite
    First Post First Anniversary Combo Breaker
    Options
    Fantastic, I'll give that a go. Thanks for your advice!
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343.7K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 450K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.9K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards