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Balance tfr to pay off personnel loan
surreyspurs49
Posts: 38 Forumite
in Credit cards
Hi
Do all credit card companies allow you to pay off personnel loans with a new card and balance transfer ?
Do all credit card companies allow you to pay off personnel loans with a new card and balance transfer ?
Who are the best regarding this ?
Thanks 👍🏼
Thanks 👍🏼
0
Comments
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Oops forgot….
I suppose you can simply get a money transfer and pay the loan off ?….0 -
You'll need a money transfer for a loan.0
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Thanks..Deleted_User said:You'll need a money transfer for a loan.
When applying for a balance transfer card do you also automatically get a money transfer rate aswell ?…
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No. You'll need to find a card that offers it.0
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Ok thanks just that in the past I’ve always been given both after applying to balance transfer…
Anyone know companies that will give both ?
thanks0 -
Any card I've had normally had both on offer at the same time but the money transfer was always a bit more expensive. So a balance transfer might be 3% but a MT will be 3.5% or 4%.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe and Old Style Money Saving 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.
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung1 -
I get BT and MT offers on my Barclaycard (got both at the moment)
My NatWest one just has a BT on it and has BT offers
My Halifax one has both as does my Lloyds
My Sainsbury's one doesn't currently have offers but it has done BT before, don't recall MT1
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