We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

CC transfer to current account

2»

Comments

  • born_again
    born_again Posts: 21,677 Forumite
    10,000 Posts Sixth Anniversary Name Dropper
    You could try ringing B/C and see if they would offer a cheaper money transfer, than the usual rates for the service.

    Other than that you would be looking at a loan.
    Life in the slow lane
  • Why not try the eligibility calculator for an MBNA money transfer card on their website?  
    It will give you an idea of acceptance along with an estimated credit limit, all with just a soft search on your credit file.
    It's worth a shot?
  • 2021BJ said:
    The final balance on your car finance typically cannot be paid by credit card. 

    There is a way around it, with the use of Curve card, depending on whether your limit covers the total amount payable?
    Curve card is deemed as a Mastercard Debit transaction not a Credit Card.
    https://www.curve.com/en-gb/legal/fair-use/

    Curve Fronted transactions:

    Curve has functionality which enables you to:

    • pay off your credit card bills with a different underlying credit card selected in the Curve app

    • make other financial transactions where you normally cannot pay with a credit card or where you would incur significant fees

    • make government payments where you normally cannot use a credit card or incur significant fees

    These types of transactions incur a 1.5% fee, depending on the Curve card subscription you are on (see our Terms of Service and our FAQs). In addition to any fees charged by Curve, note that the issuer of your underlying card which is funding the Curve Fronted transaction may also charge you fees/fines for these transactions. You will be able to use the Curve card, with an underlying debit card selected, to pay off your credit card bills for no charge (and this usually has no impact on your credit rating).

    Might not be the best idea.  I'd expect paying off finance to be a quasi-cash transaction on the CC side.

     I had curve metal and barclaycard and no fees charged when using. But minimum cost of metal was £50. Still, better than 1.5%.
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £55,050)
    Creation FS Retail Account x 1
    Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £137,707.00 (Payment 13/360)
    Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

  • GTango
    GTango Posts: 11 Forumite
    Name Dropper First Post
    Thank you for the suggestions guys. Much appreciated :)
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.