Egg Card - Balance Transfer Query

Jazzycat

Hi,

I have cc balance with Egg which I have been paying back each month. The card has been closed to use apart from repayments (at my request). I have just applied and been accepted for a new egg card which has zero interest for a set period. I'm always on time and never miss a payment.

Does anyone know if I can transfer the amount from my repayment card to this? I know there are fees involved but this saving on interest would speed up my repayment window.

I do have other cards with zero usage so could move from egg repayment to another cc and then back to my new egg card.

Its just that each time I move I add about 3% through fees.

Any suggestions would be great

thanks

Zebedee69

I would move the balance to the longest running 0% deal you own. I dont think it matters if its within the Egg product range though. Just try and see what they say, the 3% woulnt be so harsh if the 0% deal was for a good few months and you can pile money into it during that time....

YorkshireBoy

Zebedee69 wrote: »

I would move the balance to the longest running 0% deal you own. I dont think it matters if its within the Egg product range though. Just try and see what they say,

You can't transfer a balance 'directly' from Egg to Egg...

9.3 (first bullet) You can ask us at any time:

to pay off an amount you...owe to another UK lender and transfer it to the Account, so long as the amount...is not used to discharge your...indebtedness to any part of the Egg group of companies;

...but what you can do is...

9.3 (second bullet) You can ask us at any time:

to transfer (by direct bank transfer) an amount from your Account to a specified current account held by you...

...from where you can settle the other Egg Card.


http://new.egg.com/visitor/0,,3_11087--View_1068,00.html