0% credit card for both money transfer and balance transfer

anythingtosavemoney

Hi is it possible to get one 0% interest credit card for both money transfer and balance transfer? And if so how would I go about finding one?

WillPS

anythingtosavemoney said:

Hi is it possible to get one 0% interest credit card for both money transfer and balance transfer? And if so how would I go about finding one?

Surely you could just use the money transferred to settle a credit card debt elsewhere?

Maybe there are some providers who do both on one but will charge less/give longer interest for balance transfers than money transfers, but we generally avoid promoting mixes of promotional balances because you might not end up paying off the worst debt soonest (some providers allocate payments like this, but others don't).

You can use an eligibility checker to get an idea of what's available - take the indicated eligibility with a grain of salt tho as it's a guess by the checker, nothing more. MSE and Comparethemarket both have one you can use.

northernstar007

virgin money is offering both on the same card

martinbainbridge1975

mbna, lloyds, halifax, tesco are a few that come to mind 

Brie

MNNA offer both at the same time.  

Maggieps

is it possible to pay off overdraft on a Monzo bank account with a 0% balance transfer credit card? 

CliveOfIndia

Maggieps said:

is it possible to pay off overdraft on a Monzo bank account with a 0% balance transfer credit card? 

No - Balance Transfer cards only allow you transfer a balance from another credit card.  You'd need a Money Transfer offer - and there's almost always a fee attached to making the transfer.

And be aware, if you do go down this route, you must make sure you'll be able to clear the balance in full by the time the promotional rate expires, otherwise any remaining balance will start to accrue interest at the card's standard rate, which is usually pretty high on most cards.  You may be able to do a BT of any remaining balance, but it's never a good idea to just assume you'll be able to do so.