Best Balance Transfers Discussion Area

nt78seo

I came across the MBNA Card which has 0% for 2 years.

It's just a shame it's a Chelsea credit card. As a Man City fan who lost to them the other day it would be a kick in the back if I applied for this now :-(

I'm a new user so can't link to it but if you search Google for 'Chelsea Credit Card' you should find it.

scott_lithgows

nt78seo wrote: »

I came across the MBNA Card which has 0% for 2 years.

It's just a shame it's a Chelsea credit card. As a Man City fan who lost to them the other day it would be a kick in the back if I applied for this now :-(

I'm a new user so can't link to it but if you search Google for 'Chelsea Credit Card' you should find it.

Man Utd card gives you 2 years )% as well

viks_2

Hello,
Hope someone can help.


I have just applied for the virgin 0% bt card and been refused. I did the precheck and it said 90% so thought it ok as I have been scared to apply for fear of refusal - and its happened!
I have £2200 on Barclays at 24% and £1200 on MBNA at 9%. Paying minimum amounts on both.
Wanted to shift the Barclays balance so the £65, I pay a month is paying it off.


Did a Experian credit score and got 991 Excellent, no missed payments etc, I am self employed earning £15,000 and hubby £37,000. House mortaged.


Any suggestions what I can do?
Thanks Viks

grumbler

If it's just one credit search, you can try making 1-2 more applications for other cards, not MBNA preferably, but then you really have to stop for a few months and look closely at your credit files meanwhile.

I assume that the total credit limit of your CCs is noticeably smaller than your annual income.

Shelzstar

Hi
I have two credit cards - both with interest at same rate. Capital One (900) and Barclaycard (1000). Barclaycard has a 0% balance transfer deal on. I do not want another credit card. It obviously makes sense to transfer balance from Cap1 to B/C.
My question is that If in say in a few months time Cap1 had a 0% transfer deal could I then transfer the lot back to Cap1?
I know it sounds thick but I wasn't sure if this yo-yoing is ok?
Thanks
S

grumbler

Yes, no problems except multiple BF fees. For 'a few' months the fee can overweight the interest.

Shelzstar

Thanks that makes sense! One last thing can i just move the proportion of money that is interest from barclaycard to another 0% credit card easily. So for example:
B/C 1000 - Interest
B/C 900 (BT from Cap1) - 0%
if a 0% came up o Cap1 could i transfer the interest amount only ?
S

grumbler

Yes. A BT is in fact just a money transfer from a new card to the old one.
All payments to a CC go towards the most expensive part(s) of the balance first.

Maglez

I'm completely new to this subject so here a basic question...

Balance Transfer Credit Cards are only intended to transfer debts from other credit cards or can I transfer debts from a loan?

Thanks.

Muser1

Virgin cc let you transfer money to your bank account so you c would use the money to pay off a loan in theory.