virgin after 0% expires

alirob12

can anyone tell me what happens after the 0% deal expires, got virgin with SBT, so can i transfer money to my current account after 0% expires without being charged interest? if I only transfer to my account and transfer form other CC to virgin straight away will I get charged? any suggestions welcomed
thanks

Cardinal-Red

That's how most people use cards which don't offer this facility (i.e. transfers to current accounts) - they balance transfer to A&L, Virgin, Egg and then onto their accounts.

Rather than the way you have suggested, it's common practice to transfer onto your Virgin first, so it's £x in credit, and then onto your current account - no interest charges that way (though still maybe a balance transfer fee with some card providers...)

Detail_Merchant

Two points.
1) My experience with my Virgin credit card was that they didn't like the account being put into credit. I had to talk to a different department to get the money transferred out, not the usual BT department. And then they wanted to send it back where it came from.
2) I think Virgin charge 2% for BTs. During the initial 9 month promotional 0% period this fee is waived, but I don't believe it is once the 0% period has ended.

A pre May 2005 Egg credit card is usually the best route.

Cheers,

Detail Merchant

smartsaver

Detail_Merchant wrote:

Two points.

A pre May 2005 Egg credit card is usually the best route.

If you have one as PRE is the key word here. Egg now charge 2% or max £50.00 to do SBT's

You can always SBT to a trusted friend or partners pre May 05 EGG card and then into your bank account. The Egg card does not have to be in your name.:)

Milarky

alirob12 wrote:

can anyone tell me what happens after the 0% deal expires, got virgin with SBT, so can i transfer money to my current account after 0% expires without being charged interest? if I only transfer to my account and transfer form other CC to virgin straight away will I get charged? any suggestions welcomed
thanks

Wait for Virgin to make a follow up offer very soon after you repay the initial balance. There will be a fee to weigh in the balance but this should extend the 'useful' life of the product for you. Then you have no need of a strategy of the type you suggest.