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Which company does a lob transfer quickest?
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Jo4
Posts: 6,839 Forumite


in Credit cards
My friend wants to do a lob transfer but she is wondering which of the follwoing would do it the quickest, Mbna, Sainsburys or Tesco as these are the three recommended on this site?
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Does anyone know?0
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They are all likely to take a similar amount of time to process a balance transfer.
If the reason she wants it to be done quickly is because her payment is due on the current card then it would be advisable to make a payment as usual of at least the minimum payment.A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
For LOB the interest rate and the amount are of the highest importance. It's beyond me why would anyone make saving a few days their main priority.0
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For LOB the interest rate and the amount are of the highest importance. It's beyond me why would anyone make saving a few days their main priority.
There isn't much difference in the lob transfer rate for the 3 cards and she thought there might be more people looking for a lob transfer when it is so close to Christmas.0 -
They are all likely to take a similar amount of time to process a balance transfer.
If the reason she wants it to be done quickly is because her payment is due on the current card then it would be advisable to make a payment as usual of at least the minimum payment.
Her cards are at approximately 25% so she thought it would do not harm in getting a lob transfer!!0
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