Best 0% overdraft current account

catoutthebag

Looking for a current account that charges 0% on 1-2k for 6-12 months in order to help towards a 2nd car. Need no other add ons, just a card to go with it. Who's best for this?
Thanks

YorkshireBoy

Nationwide, and their FlexDirect account.

Archi_Bald

Be aware that overdrafts are repayable on demand. They aren't a guaranteed loan.

YorkshireBoy

Halifax, provided you switch an account to them.


But just so we're not wasting our time, who are you with now?

catoutthebag

I'm with nationwide & have multiple product with them
Including flex direct I believe, which is a savings vehicle
Can I open a second one (will need to check if they meet my terms)

As I say, not interested in 'switching' - this is for a single one off purchase

Ps never had to pay an OD 'on demand' & never met anyone who has, so not in thr slightest bit worried, with back up cash

Just want to take advantage of some lengthy 0% action

YorkshireBoy

catoutthebag wrote: »

Can I open a second one (will need to check if they meet my terms)

One sole plus one joint now (and for a few months).

As I say, not interested in 'switching'

So that's what you meant by "Need no other add ons". I thought you were referring to insurances or something.

Just want to take advantage of some lengthy 0% action

You may need to look at credit cards and 0% money transfers then. Virgin/MBNA will do you 6 months 0% for a 2% fee, or 29 months 0% for a 4% fee. A possibility?

grumbler

catoutthebag wrote: »

...Ps never had to pay an OD 'on demand' & never met anyone who has, ...

Neither had I, but I've heard many stories:
Nationwide Overdraft Scam
Has your overdraft been cancelled?
...

catoutthebag

grumbler wrote: »

Neither had I, but I've heard many stories:
Nationwide Overdraft Scam
Has your overdraft been cancelled?
...

In the rare case that happened, I'd unfortunately have to dig into EF (emergency fund)

catoutthebag

YorkshireBoy wrote: »

One sole plus one joint now (and for a few months).So that's what you meant by "Need no other add ons". I thought you were referring to insurances or something.You may need to look at credit cards and 0% money transfers then. Virgin/MBNA will do you 6 months 0% for a 2% fee, or 29 months 0% for a 4% fee. A possibility?

I'd consider cc but I'd most likely purchase a car privately so it would have to be cash

[Deleted User]

catoutthebag wrote: »

I'd consider cc but I'd most likely purchase a car privately so it would have to be cash

A Money Transfer allows you to credit your bank account with funds provided from the credit card.

Once available in your bank account, you can access it as you want

catoutthebag

Is that 0% ? Thought you couldn't do that or get a hefty charge ? Thought that balance transfers were from one cc to another