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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Can this be done - 0% money transfer
AlfiestheCat
Posts: 32 Forumite
in Credit cards
Been offered a 12 month 0% cash offer by Barclaycard as an existing customer. I already have debt on said credit card at a high APR. Can i take the offer and transfer money from the credit card into my current account and use it to then pay off the same credit card, leaving debt on the credit card at 0%?
Is this allowed? Can you see any pitfalls to this?
Thanks in advance!
Is this allowed? Can you see any pitfalls to this?
Thanks in advance!
0
Comments
-
Yes, you can do that.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards