Help with choosing which credit card!!??


I have the odd debt floating around and would like to transfer all this onto one card. Debt includes other credit card, small loan, catalogue accounts. I've tried to read through the different cards that are available but I'm a bit confused.

Do I get a standard credit card with a 0% interest rate? Or would I apply for a balance transfer credit card?

Any help would be great!



  • [Deleted User]
    [Deleted User] Posts: 35,242
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Neither. Sounds like you need a money transfer option.
  • MallyGirl
    MallyGirl Forumite, Senior Ambassador Posts: 6,305
    Tenth Anniversary 1,000 Posts Photogenic Name Dropper
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    or a combination.

    A 0% purchases card could be used to cover normal buying so that you could divert the money you would have spent on those items to paying off debt. Slower but it can address loans and store cards like Argos that can't be settled by Balance Transfer (BT).

    A 0% BT card would allow you to transfer debt from another credit card and from some store cards but not all. It could not be used to pay off a loan. There will usually be a fee - a percentage of the amount transferred.

    A 0% Money Transfer card puts the money straight in your bank account so you can direct it where you like to pay off debt. There will be a fee - a percentage of the amount transferred - and the length of 0% is often shorter than with either purchase or BT.
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  • saver00
    saver00 Forumite Posts: 2 Newbie
    ahh I see thank you for the reply!
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