Best Balance Transfers Discussion Area

[Deleted User]

It's because it's a 15 digit storecard.

You'll need a money transfer card.

sparkytim

Hi ZX81


Thanks for your swift response, i checked both cards last night and they both have 16 digit numbers.

Candyapple

sparkytim wrote: »

Hi ZX81

Thanks for your swift response, i checked both cards last night and they both have 16 digit numbers.

With the majority of store cards, they do not accept payment to clear the balance with credit cards. Sounds like DP is one of the ones that don't.

In order to get around this and still do it on 0%, you need to apply for a money transfer card and then just withdraw the cash to your bank account and then clear the balance. One extra step in the process, but is the only workaround.

MSE Credit Card Eligibility Checker for Money Transfer Cards:
https://creditcards.moneysavingexpert.com//money-transfers

andmillar

Hi, I’m looking for advice on the above.
I currently have a credit card with approx £5k debt, which I’m looking to pay off ASAP. I am about to come into some money (enough to pay of debts etc) in October 2019.
With this in mind I would be looking for the best card for transfers and also using it for air miles.
Another question - do you get air miles when doing a balance transfer to pay off another credit card ? Thanks

[Deleted User]

Balance transfer cards won't combine other incentives, such as air miles cashback with a BT. The margins are too thin.

Collect your air miles via purchases with a separate card.

andmillar

Thanks, but can I take out an air miles credit card and pay off the remainder on my old card with this?

[Deleted User]

Only if it offers balance transfers.

You've unlikely to find a good BT offer on a rewards card.

PatrickJ

Can I balance transfer debt belonging to someone else?

Willing2Learn

PatrickJ wrote: »

Can I balance transfer debt belonging to someone else?

There are a few card issuers that will allow you to transfer another person's balance to a card in your name. Best to contact the card issuer first to confirm if they will allow it...

PatrickJ

Willing2Learn wrote: »

There are a few card issuers that will allow you to transfer another person's balance to a card in your name. Best to contact the card issuer first to confirm if they will allow it...

Thanks Willing2Learn, Should I do this before applying? Would it impact my chances of being approved?