18 mths 0% credit card for one off purchase

Vikwa

Hi there, I want to make a one off purchase of £2000 which I can pay back in a couple of months. To do this I want to get a 18 or 15 mth 0% interest credit card (instead of being tied into a loan). My question is: will a card company (who I've probably never dealt with) let me max out a card on a one-off purchase? Also would there be a catch stating I'd lose the 0% interest deal if it was for just one transaction? Thanks

Fruit_and_Nut_Case

Vikwa wrote: »

Hi there,

Hi! :wave:

Vikwa wrote: »

I want to make a one off purchase of £2000 which I can pay back in a couple of months. To do this I want to get a 18 or 15 mth 0% interest credit card (instead of being tied into a loan).

Good idea.

Vikwa wrote: »

My question is: will a card company (who I've probably never dealt with) let me max out a card on a one-off purchase?

You don't know what limit they would give you so you don't know if you would max it out.

Vikwa wrote: »

Also would there be a catch stating I'd lose the 0% interest deal if it was for just one transaction? Thanks

I've never heard of such a restriction.

P.S. If you can pay it back in a couple of months it would be better to just make the minimum payment each month and put the rest in a savings account until just before the 15/18 months is up.