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Money transfer debt to 0% balance transfer card
Mizomi
Posts: 2 Newbie
in Credit cards
Hi
I need to take out a money transfer. I have an offer with MBNA for a no fee money transfer at3.9% for 36 months.
I also have a Natwest credit card with 0% no fee balance transfer. Can I take the money transfer out with MBNA with no fee then transfer it to my Natwest 0% no fee balance transfer card thereby getting 0% and no fee for my money transfer?
Just wondering if there are any pitfalls/exclusions.
Thanks!
I need to take out a money transfer. I have an offer with MBNA for a no fee money transfer at3.9% for 36 months.
I also have a Natwest credit card with 0% no fee balance transfer. Can I take the money transfer out with MBNA with no fee then transfer it to my Natwest 0% no fee balance transfer card thereby getting 0% and no fee for my money transfer?
Just wondering if there are any pitfalls/exclusions.
Thanks!
0
Comments
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Yes you can do that0
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Great thanks!0
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Hi
I need to take out a money transfer. I have an offer with MBNA for a no fee money transfer at3.9% for 36 months.
I also have a Natwest credit card with 0% no fee balance transfer. Can I take the money transfer out with MBNA with no fee then transfer it to my Natwest 0% no fee balance transfer card thereby getting 0% and no fee for my money transfer?
Just wondering if there are any pitfalls/exclusions.
Thanks!
I doubt it. You would fall at the first hurdle. As, likely, the 3.99% is a fee.0 -
EveryWhere wrote: »I doubt it. You would fall at the first hurdle. As, likely, the 3.99% is a fee.
? How did you come to that conclusion. The 3.99% is the interest rate and if you get your timings right you can achieve what the OP is suggesting without it costing a ha'penny.0
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