Best Balance Transfers Discussion Area

steliz

OK, thanks for that. I've been stoozing for a few years myself, and fortunately, I'm not in CC debt anymore. I have been a bit untidy with cancelling old cards though.
I'll pick out a new card to aply for, thanks.

Moggles_2

steliz wrote: »

I've been stoozing for a few years myself, and fortunately, I'm not in CC debt any more. I have been a bit untidy with cancelling old cards though. I'll pick out a new card to apply for, thanks.

To help you further then, we would need to know which credit cards you have at the mo or have held recently.

steliz

I have an Egg card which I use occasionally and a Halifax and a Barclaycard which I haven't used for years.

all £0 balance.

Moggles_2

steliz wrote: »

I have an Egg card which I use occasionally and a Halifax and a Barclaycard which I haven't used for years, all £0 balance.

To maximise the 0% period, 16 months is currently available to new customers from Virgin on BTs made in the first 60 days. A 2.98% transfer fee applies.

http://uk.virginmoney.com/credit-card-v3/

steliz

thanks, I'll apply for that one. :T

steliz

Excellent, applied and accepted, sorted. Thanks again

Moggles_2

steliz wrote: »

Excellent, applied and accepted, sorted. Thanks again

Congratulations & thanks for your feedback
:beer:

jd87

Hi all. Looking to do a BT and just wondering what the best card would be to apply for. Here's the situation:

Virgin 0% ending end of December. £4500 balance. £5500 limit.
No other credit cards.
Would like minimum payment on the new card to be quite low, maximum £50 a month.

I thought I heard something about an MBNA card that offered balance transfers at 1.9% APR with no fee. Is that still around? If not which card should I go with?

[EDIT] I see that the Barclaycard Platinum seems to give the best balance between 0% duration and fee (12 months, 2.5%), but the minimum payment is 2.25% which works out to be over £100 on £4500. I don't want to be tied in to having to pay that much every month. So I suppose my main question is, which 0% cards have low repayments?

Moggles_2

jd87 wrote: »

Looking to do a BT. Virgin 0% ending end of December. £4500 balance. £5500 limit. No other credit cards. Would like minimum payment on the new card to be quite low, maximum £50 a month.I thought I heard something about an MBNA card that offered balance transfers at 1.9% APR with no fee. Is that still around? If not which card should I go with?[EDIT] I see that the Barclaycard Platinum seems to give the best balance between 0% duration and fee (12 months, 2.5%), but the minimum payment is 2.25% which works out to be over £100 on £4500. I don't want to be tied in to having to pay that much every month. So which 0% cards have low repayments?

Your existing Virgin credit card is backed by MBNA, so probably better to go for a different lender this time.

The Halifax Plus credit card is a straight forward, no-strings deal which is not linked to your other card.
13 months at 0% is currently available to new customers on balance transfers made in the first 90 days. There's a 3% BT fee.
The minimum monthly payment is just 1% of the balance shifted
http://www.halifax.co.uk/creditcards/pluscard136.aspifaxith

jd87

Sounds like exactly what I'm looking for. Thanks Moggles.