Santander Everyday BT Card - BT Rules

timthebin

Evening all,

I currently have a small balance on a standard Tesco car at an APR of 19.9%, which I want to BT.

I can easily clear this in the next 6 months however I also want to building up my cash savings balance (well my current account balance paying 3%).

In addition to the Everyday card having no BT fee (in addition to 0% for 27 months on BTs), my understanding is that you can transfer a balance at any point during the 27-month period at a 0% fee (which is rare for BT cards), and enjoy the 0% BT rate for however long is left of the 27 months.

My question is - each month if I build up a balance (to transfer money from my salary to an interest-paying current account) - Can I each month just keep BT'ing the balance from my Tesco credit card? I.e. Balance £1,000 on a Tesco CC, BT that to Santander, Run up another £1,000 on Tesco CC, BT that to Santander etc.

I can't see why not!

Thanks in advance for your replies.

[Deleted User]

If the BT window is still open, and you have the headroom on the Santander card, yes.

Remember to have an exit plan though.

timthebin

Thank you!!