Next Account - Balance Transfer from Credit Card?

MrsSheeps

Try as I might, I am struggling to clear my Next account which I have stupidly run up. Interest rates are high. Does anyone know if there is a 0% balance transfer credit card I can use to transfer the debt over to be interest free? The fee will be for sure cheaper than the interest? Priority is obviously to clear this as soon as possible. Thanks in advance.

born_again

Not on a balance transfer card. As Next is not a credit card.
You need a Money transfer card, which will allow transfer of cash to your bank account. From which you can they pay the Next account.

WillPS

born_again said:

Not on a balance transfer card. As Next is not a credit card.
You need a Money transfer card, which will allow transfer of cash to your bank account. From which you can they pay the Next account.

No need for a money transfer, which is usually at a less desirable rate compared to other forms of 0% offer.

Next allow account settlement via credit card. I've not known of any credit cards treating this as a cash advance, this being the case, the OP should be able to get a 0% Purchase credit card, settle their bill on their and then get a period of 0% interest as if they had just used the card at Next to pay in the first place.

If you want to make absolutely sure - Next also accept settlement of accounts with credit from gift cards - so the OP could use a 0% purchase card to purchase Next gift cards from a supermarket. Absolutely zero chance of a supermarket or retail transaction being treated as a cash advance. (Please double check this with Next yourself before purchasing!!)

@MrsSheeps the short answer is look at *0% Purchase* cards.

MrsSheeps

Thanks that’s great advice

WillPS

MrsSheeps said:

Thanks that’s great advice

You're most welcome

Do stop by and update the thread with how you get on. The question is asked a lot so it'd be great to have a "success story" to point to.