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Escaping the new overdraft charges
Rachelkg33
Posts: 1 Newbie
in Credit cards
Can anyone tell me if you can transfer an overdraft debt onto a balance transfer credit card please? Or is the only option a Money Transfer Card? Thank you
0
Comments
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You will have to get a money transfer card I am afraid.LBM Debt Total : £48,326.50
Pay All Your Debt Off By Xmas 2023 - #50 £1,495.29 / £12,000.00
Saving For Christmas 2023 - £1 a day challenge - #6 £100/£1095.000 -
You need a money transfer card.
Or you use a 0% purchases card, put your regular spend on it and clear the OD that way.
The main problem you'll have is acceptance if you're deep into your OD.1 -
Shifting debt around doesn't make it dissapear I'm afraid.0
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No, but reducing the interest accruing can make it easier, quicker and cheaper for the debt to be paid off.Malkytheheed said:Shifting debt around doesn't make it dissapear I'm afraid.0 -
Well the obvious way to “escape” said charges is to not be overdrawn, no?0
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OP, ignore the trolls. Follow the advice of ZX81, two options there for you. Obviously a zero % money transfer card would be the easiest option.2
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