Mule cards

daivid

Is anyone getting good money transfer offers (0 fee and ideally low interest too) on their cards? 

My go-to cards (MBNA and Halifax mastercard) have had their limits slashed and show no offers. Halifax clarity shows 0 fee 23% apr - not a problem if the debt is BT away fast. To stooze all the BT credit I seem to have available I'd have to repeat the process 3-4 times if using the Clarity card alone. I think I can only use a money transfer once a month on the card and worry using MT repeatedly will create a black mark on the account? I don’t want to lose the card or its limit as it is my main travel card.

DJSINGH

Just do the balance transfer first then do the money transfer. That's what I do. Means you can do more than you limit as you'll be in credit

daivid

DJSINGH said:

Just do the balance transfer first then do the money transfer. That's what I do. Means you can do more than you limit as you'll be in credit

It's an idea, though I might not as I'd been creating a credit balance deliberately and I'm pretty sure is against T&C. If I still had one of the other cards I didn’t care much about I'd give it a go but I don’t want to jeopardise the Clarity card or its limit.

DJSINGH

daivid said:

DJSINGH said:

Just do the balance transfer first then do the money transfer. That's what I do. Means you can do more than you limit as you'll be in credit

It's an idea, though I might not as I'd been creating a credit balance deliberately and I'm pretty sure is against T&C. If I still had one of the other cards I didn’t care much about I'd give it a go but I don’t want to jeopardise the Clarity card or its limit.

I've done it with clarity enough times. You'll be fine

Emily_Joy

daivid said:

Is anyone getting good money transfer offers (0 fee and ideally low interest too) on their cards? 

My go-to cards (MBNA and Halifax mastercard) have had their limits slashed and show no offers. Halifax clarity shows 0 fee 23% apr - not a problem if the debt is BT away fast. To stooze all the BT credit I seem to have available I'd have to repeat the process 3-4 times if using the Clarity card alone. I think I can only use a money transfer once a month on the card and worry using MT repeatedly will create a black mark on the account? I don’t want to lose the card or its limit as it is my main travel card.

You can do MT more than once. I have done it at least twice last May with Lloyds.