Transferring part of loan to credit card

class2ldn

Hi all, just been accepted for a 0% balance transfer card for 21 months with halifax 0 fee. I've transferred my santander 123 account card to this which is 1800.
I've got a tesco loan which I'm paying 261 pm off and I've got £3920 left.
It says on halifax that I have 6 months 0% interest on purchases so I assume paying off the loan would count as a purchase and then I'd be charged interest after 6 months?
Just looking for the best way to utilise the 0% but if it's only for 6 months I'd probably only be able to transfer about 1500 to make the payments work.
Any advice? Is it best to leave it as it is?
I can't remember my loan Apr but it's certainly not 0% lol.

Cheers

CLAPTON

It's unusual for loans to be allow CC payments : you would need to check with Halifax.

you could use your CC for everyday purchases and the use the money 'saved' to make over payments on the loan but can you then clear the CC purchase balance in 6 months times?

class2ldn

Well im currently paying 250 pm off my santander and I've worked out I can pay the 1800 off in around 12 months at about 150pm so should be ok.
Didn't even think about that not being an option.

CLAPTON

class2ldn wrote: »

Well im currently paying 250 pm off my santander and I've worked out I can pay the 1800 off in around 12 months at about 150pm so should be ok.
Didn't even think about that not being an option.

what APR will you be paying after 6 months?

class2ldn

It's this one

http://www.halifax.co.uk/creditcards/no-balance-transfer-fee/default.asp

18.9 I think

class2ldn

In hindsight should have got this one but wasn't planning on buying anything on it as wanted to get off the cards.
http://www.halifax.co.uk/creditcards/balance-transfer-and-purchase-card/default.asp