We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Aqua 9.9% Balance transfer offer for six months

moshoodo1
moshoodo1 Posts: 181 Forumite
edited 6 December 2014 at 9:38PM in Credit cards
Just to let people know that aqua are now doing balance transfer offer with a low apr. I received a letter today offering me upto 95% of my limit for 9.9% apr for six months also it says 0% transfer fee will be added to your balance.

I have nothing to transfer but just to let people know.


I have aqua advance credit card currently at 29.9% apr with £2800.
Aqua Advance £ 9500 ( Settled ) | BC Platinum Card 25/25 £10500 | 24 studio £1950 | SimplyBe £1800 | Nationwide Flexplus A/C OD £800| Meaningless Noddles score= 3/5

Comments

  • Aquamania
    Aquamania Posts: 2,112 Forumite
    moshoodo1 wrote: »
    Just to let people know that aqua are now doing balance transfer offer with a low apr. I received a letter today offering me upto 95% of my limit for 9.9% apr for six months also it says 0% transfer fee will be added to your balance.

    I have nothing to transfer but just to let people know.


    I have aqua advance credit card currently at 29.9% apr with £2800.

    Is this a generally available offer?
    In which case a link to the offer would be nice :)


    Or is it by personal invitation only?
    In which case, I would suggest it is of no use at all. :(
  • I had this offer too.

    Q.Is this a generally available offer?

    A.Its got a ref number to use which is specific to my account. However both myself and another member of family got a letter.

    As I didnt have any debt to transfer I rang and asked for a purchase offer instead but Aqua refused. Worth a try though:rotfl:
  • My BT offer is 4.9%.
  • SeduLOUs
    SeduLOUs Posts: 2,171 Forumite
    I've been offered 4.9% APR with a transfee fee of 3%. Considering my card limit and the duration of the BT I've come to the conclusion that I won't really save anything, so am continuing with plan A of get Aqua cleared and closed ASAP.
  • SeduLOUs wrote: »
    I've been offered 4.9% APR with a transfee fee of 3%. Considering my card limit and the duration of the BT I've come to the conclusion that I won't really save anything, so am continuing with plan A of get Aqua cleared and closed ASAP.

    No transfer fee for me so it definitely makes sense for me to transfer from Cap 1 to Aqua. I'll transfer around £1k which I can comfortably clear in six months.
  • SeduLOUs
    SeduLOUs Posts: 2,171 Forumite
    No transfer fee for me so it definitely makes sense for me to transfer from Cap 1 to Aqua. I'll transfer around £1k which I can comfortably clear in six months.

    Strange that they offer so many different options! I only have the basic £250 limit which they are willing to increase to £400, but I had planned to clear that much in the next month or two anyway.

    I could probably save a few quid overall, but it would be minimal and not really worth the hassle. I'd prefer to get Aqua closed and off my credit file sooner!
  • Enfieldian
    Enfieldian Posts: 2,893 Forumite
    Part of the Furniture Combo Breaker
    Same here.

    £250 limit, since April/May last year.

    I rarely use the card but when I do I pay it off in full.

    9.9% for 6 months PLUS a 3% transfer fee.

    Whoopee!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.