BT to a debit card

Herbalus

Anybody tried putting in a debit card number when doing an online BT?

YorkshireBoy

Haven't tried personally, but would imagine it would fail the BIN check?

Herbalus

BIN check?

I haven't tried it either, but it was suggested by somebody I met that used to work for a bank that it was sometimes possible.

YorkshireBoy

Herbalus wrote: »

BIN check?

IIRC the first 6 digits of the card number denote the type of card, ie Visa or MasterCard and credit or debit (and also the issuer).

20aday

Herbalus wrote: »

BIN check?

I haven't tried it either, but it was suggested by somebody I met that used to work for a bank that it was sometimes possible.

Bank Identification Number. Yorkshireboy means the system would know if it's a credit/debit card and then be processed/declined accordingly.

For example AmEx cards start with 3, Visa 4 and so one.

Wonder if the person you met was referring to a Money Transfer?

Lou85

A BT can only be done to another credit card and yes it would fail the BIN check.

Your friend was referring to a money transfer which is possible with some providers however is not charged at the same rate as a BT therefore you would need to check with your provider to see if there are any promotions running for a money transfer.

Superscrooge

Tesco credit card will allow you to do a money transfer to your bank account rather than to another credit card, which is effectively the same as a transfer to a debit card.

I've tried to post the link below if it works

http://www.tescobank.com/credit-cards/money-transfer/index.html?cmpid=aff/acq/cc/35mt/dz/Dotzinc

Dan83

^^^With a 3.94% fee

Lou85

RE the Tesco Card...make sure you apply for the money transfer card as not all cards offer the 0% money transfer option.

If you have an existing card or apply for a different card it's unlikely they can/will change the offer.

johnsonbrianna

thanks for the result

Anthorn

Am I missing something here? To Balance Transfer to a Debit Card which actually means BT to a bank account, you just pay off the balance with a debit card.