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0% Purchases Credit Card
Latay84
Posts: 1 Newbie
in Credit cards
Hi, I have a new credit card which is 0% on purchases for 18 months, my car is on a pcp finance deal, I have the option to buy the car in a couple of months and was wondering if I used the card to pay off the finance which is with ford credit, would this be classed as a purchase or more like a transferring of money?
I have checked the MBNA website and can't seem to find anything that says I wouldn't be able to but just wondered if anyone else had done this?
thanks!
I have checked the MBNA website and can't seem to find anything that says I wouldn't be able to but just wondered if anyone else had done this?
thanks!
0
Comments
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You'll need a money transfer promo on your card. It'l typically have a 4% fee.1
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I agree most motor finance companies will not accept a credit card payment.0
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