MSE recommendation NOT the best - balance transfer, or am I confused?

fimonkey

I am looking for a 0% card to balance transfer £4000.

I looked at the MSE site and it recommended an MBNA with a 1% fee for 37 months

I was about to apply for this, but then my friend found the santander card with 0% fee for 40 months

I know this is splitting hairs, but does it mean MSE can no longer be trusted to find the best deals? Santander were not even in the results of my search, - or am I missing something?

YorkshireBoy

The Santander product is 41 months, according to their website.

But, there is a £3 per month fee.

Let's do the sums:

1% of £4,000 is £40 in fees for the 37 month MBNA product.

37 x £3 is £111 in fees for the Santander product.

So which is the best deal?...the one MSE should be pushing?

Unless you absolutely need those extra 4 months (how would you know so far away?), then it's MBNA isn't it?

Sparx

Seriously? MSE "can't be trusted" because of a slightly similar deal, which is actually making you worse off in some scenarios. Get a grip

Candyapple

What about the no fee balance transfer cards?

http://www.moneysavingexpert.com/credit-cards/balance-transfer-credit-cards#nofees

IAmWales

Santander are not on the list because they don't pay MSE a referral fee. MSE only promote those that they profit from, so in that respect the OP does have a point.

fimonkey, when you find the best deal for you ask friends if anyone has a referral link that you can share the bonus from, or look at cashback sites for referral links. After all, this is about getting the best deal for you.

Superscrooge

IAmWales wrote: »

Santander are not on the list because they don't pay MSE a referral fee. MSE only promote those that they profit from, so in that respect the OP does have a point.

That is not correct. Best Buys are included regardless of whether they pay a referral fee

http://www.moneysavingexpert.com/site/moneysavingexpert-finance#revenue