Best Balance Transfers Discussion Area

Philis_Burrell

I guess the extra charges cannot be helped. It is so usual when it comes to loans. Just be conscious and know how much it really is..

Joy_Burke

grumbler wrote: »

What loan? And the post you quoted is 7 years old.
Are you OK?

I didn't check the date. But, my experience with them is about a year ago.

Sandyra

Hi I'm new to the site, can someone help or advise. I have just been approved for the Tesco Clubcard Balance Transfer Credit card and I have a £4,800 credit card limit. I currently own an AMEX Platinum Cashback Credit Card. I was hoping that I could use my AMEX to pay off my final payment of my car which is £3,800 and also buy a few other bits and then balance transfer and spread the cost over 5 months to pay it all off.

What I was wondering would I still get my cashback from Amex if I had spent on the card then balance transferred shortly after. Do I need to wait until I get the statement then balance transfer or can I just wait until it has shown on the account or will I not be entitled to cashback. The way I see it, it is being paid just not by me.


Thanks

Wheatie

Hi just applied to Post Office, was given a £6.4k limit but can't balance transfer to an AMEX card

Anyone know if any other £0 fee BT's allow AMEX (or cash direct into bank)

Thanks

Katkins1982

I want to transfer about £900 from an M&S credit card onto the Virgin 24 month card, and also borrow £500 as it's 24 months at 0% on money transfers too (I intend to pay the £500 next year). How much would this affect my credit rating? I already have a mortgage (which I have had for 3 years) and this is due up for changing next April ish time. Will this affect my ability to renew my mortgage? Any help appreciated!

grumbler

Katkins1982 wrote: »

... How much would this affect my credit rating?

Not much. Mainly it's a credit search that, if one, has very small and short-lasting effect.

Will this affect my ability to renew my mortgage?

Unlikely.

grumbler

Wheatie wrote: »

Anyone know if any other £0 fee BT's allow AMEX

Majority do. Search the board for 'amex transfer' to find exclusions.

(or cash direct into bank)

Mainly varieties of MBNA: Money Transfers

jasonh2249

Hi I recently did a balance transfer from virgin money to Barclay card, this transfer did not appear on my Barclaycard statement so I rang virgin money, they said that the last digit was missing and the payment went to Barclaycard, I was told to speak to Barclays, when I rang them they said the payment would have not gone through because of the missing digit ? they never offered to investigate this matter and said I must ring virgin and they would sort it out, I rang virgin back and they said the payment has definatly been made and there is nothing they can do, even though it was there mistake ! so i spoke to Barclays again and they are looking at it . this has been going on since 27th may and im paying the payments to both banks surely this carnt be right ??

scott_lithgows

jasonh2249 wrote: »

Hi I recently did a balance transfer from virgin money to Barclay card, this transfer did not appear on my Barclaycard statement so I rang virgin money, they said that the last digit was missing and the payment went to Barclaycard, I was told to speak to Barclays, when I rang them they said the payment would have not gone through because of the missing digit ? they never offered to investigate this matter and said I must ring virgin and they would sort it out, I rang virgin back and they said the payment has definatly been made and there is nothing they can do, even though it was there mistake ! so i spoke to Barclays again and they are looking at it . this has been going on since 27th may and im paying the payments to both banks surely this carnt be right ??

It will be sitting in a holding account or have paid off the wrong card,you need to raise a complaint over it

jasonh2249

After several phone calls to both banks Barclays are now doing this i hope, so i have to wait another possible 13 days, surely virgin should be sorting this out, after all this was not my fault !