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Bedroom credit agreement

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Hi

We are looking to shift a bedroom credit agreement to a credit card

Do I need to look for a low rate balance transfer or a low rate money transfer

It's a bit confusing

Thanks

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It might be just me, but I've never heard of "bedroom credit agreements"....

    Balance transfer can be used only for transferring a balance (debt) from another credit card.
    Money transfer gives you money in your current account.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If the bedroom is already on finance I would suggest a money transfer card would be more suitable as it is unlikely the finance company takes credit cards as a method of payment.
    When the money turns up in your current account - pay off the finance.
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