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Transferring overdraft to 0% credit card
gemzizzle
Posts: 11 Forumite
in Credit cards
Hi everyone,
I currently have two overdrafts - a student one which is 0% interest, -£2,000, and a normal one which charges interest, currently about -£1,000. My student account becomes a regular one in four months, and I'd like to transfer them both to a 0% credit card. However, whenever I've looked it seems you can only use a 0% balance transfer card to transfer debt from another credit card? Does anyone know how I'd go about transferring my overdraft to one? I know you can as I saw Martin Lewis mention it on This Morning, but can't see how online.
I currently have two overdrafts - a student one which is 0% interest, -£2,000, and a normal one which charges interest, currently about -£1,000. My student account becomes a regular one in four months, and I'd like to transfer them both to a 0% credit card. However, whenever I've looked it seems you can only use a 0% balance transfer card to transfer debt from another credit card? Does anyone know how I'd go about transferring my overdraft to one? I know you can as I saw Martin Lewis mention it on This Morning, but can't see how online.
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Comments
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You need a money transfer card. Search the main site credit card article on balance transfers or Google them. Believe MBNA still do them. Maybe Virgin too.0
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Have a look here OP
https://www.moneysavingexpert.com/credit-cards/money-transfers/
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If you can't be the best -
Just be better than you were yesterday.0 -
Ooh thank you both - I was confusing balance transfer and money transfer cards!0
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