Very to Credit card

christologymum

TIA, im just wondering I pay my very account off with a credit card will it be classed as a balance transfer or a purchase.
I have a small balance on bnpl, but it will run out and have nothing on my credit card which is 0% for another 32 months, wondering if to do that.


Was a bit worried it might be a cash advance.


Thanks

JKSandy

Classed as a purchase. I paid my BNPL off with a 0% purchase card.

christologymum

Ok thanks, so I can stick it on my santander123 card, or another one and then balance transfer across. Ideally will try and settle it before hand but just thinking worse case.

grumbler

christologymum wrote: »

..so I can stick it on my santander123 card, or another one and then balance transfer across. ...

Balance transfer where?
If it's a new card, have you heard of Spending 0% Cards?

Kittycat1981

I paid my Very account off using an existing card - then i balanced transferred that amount over to a new 0% interest card. Was much cheaper to pay the 2% balance transfer fee than the 44.9% apr at Very once the BNPL ran out (it also took me quite a few clicks on very.com to find the apr and i was :eek::eek::eek: - They kept that well hidden!

SnowTiger

Kittycat1981 wrote: »

I paid my Very account off using an existing card - then i balanced transferred that amount over to a new 0% interest card. Was much cheaper to pay the 2% balance transfer fee than the 44.9% apr at Very once the BNPL ran out (it also took me quite a few clicks on very.com to find the apr and i was :eek::eek::eek: - They kept that well hidden!

You mean the APR that's printed on the back of every statement - postal and PDF?

Vortigern

JKSandy wrote: »

Classed as a purchase. I paid my BNPL off with a 0% purchase card.

I paid my BNPL off with a cashback card, then did a fee-free BT to a 0% interest card.