We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Where to start & is it worth it? BC with 17K Limit
twotonealex
Posts: 72 Forumite
Afternoon all,
Once I have cleared a balance I will be left with a BC with a 17K limit.
I will renegotiate a deal with them when it comes to the end of my interest free period.
Im looking at a very low/0% money transfer to a bank account but am concernced the available saving rates might not be worth it.
Can any experienced stoozers advise what criteria I need to hit from a CC deal?
Is it best to draw from the savings account to make the minimum payment?
Based on 1.5% interest in a 123 account it equates to around £193 pre tax.
Thanks!
Once I have cleared a balance I will be left with a BC with a 17K limit.
I will renegotiate a deal with them when it comes to the end of my interest free period.
Im looking at a very low/0% money transfer to a bank account but am concernced the available saving rates might not be worth it.
Can any experienced stoozers advise what criteria I need to hit from a CC deal?
Is it best to draw from the savings account to make the minimum payment?
Based on 1.5% interest in a 123 account it equates to around £193 pre tax.
Thanks!
0
Comments
-
Good luck with 'renegotiating a deal' with Barclaycard. Let us know how you get on.
If you are lucky you MAY get a money transfer offer when the interest free period comes to an end. If lucky you will be offered 12 months at 1.9% or more likely 2.9%, IF you get a money transfer offer at all.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards