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  • Does anyone know the best way of paying off a HP agreement with a credit card please?
  • MallyGirl
    MallyGirl Posts: 7,201 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    fdave said:
    Does anyone know the best way of paying off a HP agreement with a credit card please?
    Get a money transfer card - you will pay a transfer fee of 3 or 4% but once the money is in your current account then you can pay off the HP. Be aware that most 0% money transfer deals are shorter than the 0% on purchases deals you see. You must have a plan to pay off the card withIn the 0% period or you be hit with 20odd percent interest and may wish you'd stuck with the HP
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
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