Best Balance Transfers Discussion Area

Jake'sGran

jadco wrote: »

i dont use cc too often but i have a balance of approx £750 on my halifax cc. I am due to go on hols to spain in the next few weeks and will be using my cc there. I reall just need to know whcih would be the best cc for me or would i be better with 2 - one to transfer my balance to and the other to use for spending. Im sorry if there are very basic questions but i would be really grateful for some help. btw i think my credit rating would be v.good as i have never missed payments etc. thanks annie

Nationwide has the best credit card for travelling. It was mentioned again in The Sunday Times a couple of weeks ago. They do not charge for any purchases you make. If you get one make sure the amount put on the card is the currency amount. Last time I went to Spain I paid the hotel bill with the card and they converted the Euro's using their own rate. After complaining to Nationwide I was credited with the difference between the hotel's rate and the Interbank rate. Apart from this one incident I have never had a problem. The currency amount has gone on the card and when it was converted I was really surprised at the difference between the Interbank rate as used by Nationwide and the rates we get when buying Euros.

jadco

i have jst applied for nationwide - fingers crossed

Jake'sGran

jadco wrote: »

i have jst applied for nationwide - fingers crossed

I hope you get the card. Incidentally, on the Working Lunch programme today (BBC2 12.30pm) they were talking about some card companies putting up their charges when used abroad. HSBC was one, not sure who the rest were but they pointed out that one card company charges £1.50 each time the card is used in a shop so if you were wandering around buying bits and pieces as we have done in the past it could really mount up.

annh_3

Hi I am new to this site and having just read about the introductory rate of 4.9% p.a for the life of the balance. Does this mean that if i transfer some of my card to this one I only pay 4.9% until the balance is paid of. The notes from the card provider indicate that after the introductory period the rate reverts to 17.9%. I will not be using this card for any purchases. Can someone please explain further in real simple terms. Thanks A

Moggles_2

annh wrote: »

Have just read about the introductory rate of 4.9% p.a for the life of the balance. Does this mean that if I transfer some of my card to this one [MBNA], I only pay 4.9% until the balance is paid off?

Yes, provided that you transfer the balance(s) within the first 60 days of account opening and make at least the minimum payment on time each month.

Simon747

Just watch that your best buy info is up to date, a card mentioned in the press a couple of weeks ago could have slipped from the top of the tables.

To keep an eye on the latest credit card rate go here

Moggles_2

Simon747 wrote: »

Just watch that your best buy info is up to date, a card mentioned in the press a couple of weeks ago could have slipped from the top of the tables. To keep an eye on the latest credit card rate go here

This is a profit-driven service that lists some, but not all best buys, due to its commercial relationships.

You can get unbiased BT suggestions here on MSE if you click on Martin's *Best Balance Transfers* article.

For a comprehensive list of 0% balance transfer and life-of-balance cards, updated regularly and not influenced by advertising commissions, the following (sponsored by Money Saving Expert) is hard to beat

http://www.stoozing.com/0fees.htm

molley

Jake'sGran wrote: »

I hope you get the card. Incidentally, on the Working Lunch programme today (BBC2 12.30pm) they were talking about some card companies putting up their charges when used abroad. HSBC was one, not sure who the rest were but they pointed out that one card company charges £1.50 each time the card is used in a shop so if you were wandering around buying bits and pieces as we have done in the past it could really mount up.

That was Halifax and they also charge this for Visa debit cards when used on T'internet as I found out recently . These overseas charges are a disgrace as these transactions are done in a flash and must cost virtually nothing to carry out .!!!!

Moggles_2

molley wrote: »

That was Halifax and they also charge this for Visa debit cards when used on T'internet as I found out recently . These overseas charges are a disgrace as these transactions are done in a flash and must cost virtually nothing to carry out .!!!!

Don't know if it has escaped your attention, but the chat here is about best balance transfers. Please post again on the main credit card board. You'll get lots of replies & support there, I'm sure.

molley

Moggles wrote: »

Don't know if it has escaped your attention, but the chat here is about best balance transfers. Please post again on the main credit card board. You'll get lots of replies & support there, I'm sure.

Elevated yourself to Mod Status have you? . It might have escaped YOUR attention but I was replying to the previous poster and I am not looking for support so will not be taking your unwanted advice .