I Need Your Help!

southernscouser

Hwdi guys and gals.

Right, I'm after a 0% credit card. I've currently got £5,207.33 on credit cards as below.

Morgan Stanley (Limit - £1,915) 5.9% - £1,585.63
American Express (Limit - £2,900) 4.9% - £2,166.86
Barclaycard (Limit - £1,750) 4.9% - £1,454.84

I also have a Capital One Platinum card and an Egg Green card but both with £0 balances.

Now I currently have £700 a month to pay to these debts which means I'd need a 0% card lasting 8 months, without taking into consideration any BT fee.

Are there any fee free cards still about?

I'm not even sure I'll be accpeted but any advice or reccomendations would be greatly appreciated. :beer:

EDIT: Oh and I'm rubbish at maths but I assume I'd be better off financially transferring to a 0% card? :undecided

greengrass

I keep looking for my self as I have got to do a bt in Sept but cant seem to find any cards that do not charge for the bt, most are requesting 3% but I do remember Martin telling us one company that would charge £50 flat rate, Iwill look again see if I can find out who it was.

southernscouser

greengrass wrote: »

I keep looking for my self as I have got to do a bt in Sept but cant seem to find any cards that do not charge for the bt, most are requesting 3% but I do remember Martin telling us one company that would charge £50 flat rate, Iwill look again see if I can find out who it was.

Thanks greengrass.

I've actually just snowballed my debts and it's telling me I will only pay £71 in interest so it would probably not be worth transferring unless someone does a no fee BT card?

greengrass

In Martins cc section he recommends flymaster, they charge £50 flat rate, so anyone bt over £2500 will pay a lower rate then the normal bt rate.

Hope this helps

thumshie

check out http://www.stoozing.com/0fees.htm.

Virgin Atlantics 2% capped at £50. But the transfer would need to be greater than 2500 BEFORE the cap actually kicks in, none of your balances are that high, and they'll probably charge the fee per card (Though I'm not sure on that ??)

Using http://www.whatsthecost.com/snowball.aspx i work out that you're only going to pay £71 in interest over the next 8months, by the time you take any BT fees into account you'll not save much...

thumshie

as you can tell, I've just spent the last 12 minutes researching/composing the above!!:rotfl: