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Balance transfer & overdraft?

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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

Comments

  • lynz68
    lynz68 Posts: 323 Forumite
    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.
  • TwinMummy
    TwinMummy Posts: 114 Forumite
    Part of the Furniture 100 Posts Name Dropper
    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.
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