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Balance transfer & overdraft?
TwinMummy
Posts: 114 Forumite
in Credit cards
My husband and I have a credit card each and a joint overdraft. The interest on my card and the joint overdraft is quite high and I'm paying a lot of interest so we were considering applying for a 0% card to transfer the balance of the 2 credit cards on to and get them paid off. Is it possible to include the balance of the overdraft onto the card aswell?
Thanks in advance
Thanks in advance
0
Comments
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To clear the overdraft you would need a card that allows a money transfer to your bank account a balance transfer card does not work for overdrafts.
MBNA and Virgin both allow this and others do as well just have a look around.0 -
Thank you lynz68, we have gone for a card that allows a money transfer aswell. They have allowed us 7400 which is just short of the 7560 we needed to transfer it all over. With the transfer fees I think we will be short of around 400 but that is so much better than the situation we were in yesterday.0
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