Questions about Balance Transfers

Dandytf

I have my Aqua 0% 6 mths balance transfer card (34.9 standard apr).450 limit.

Is it worth transferring a few quid from 1 or 2 existing cards.

e.g. Luma (600ish34.9)
myc+ *165 30% apr )

1st question tranfer from 1 or 2 Cards to use Auqa 0% 6mths
2nd question -Aqua last advised I could tranfer upto 390 max -I wont mange to clear upto 390 in 6 mths -how soon would I run the risk of exceeding 450 limit@34.9
3rd question -Should I ask cap 1 to merge Luma (1k limt-650 balance with Cap 1 450 limit 249 balance)
My head tells me transfer as much as possible from Luma as it was only used for a home emergancy/mot.

What I want to acheive is getting into regualr small at least min payments with these cards going forward.

amygill1990

I want to transfer my debt on my AA interest free credit card to an MBNA to take advantage of their low transfer rates.

I’ve read some old threads saying they’d experienced problems with transferring debt from AA credit cards.

Has anyone had any success on transferring from AA?

I’ve already taken the MBNA card out and am waiting for it to come via post to make the transfer, but ill cancel it asap if it looks like It can’t be done!

thanks in advanced xxx

BatchedMetting

If I wanted to pay off my Natwest Credit Card with a balance transfer from another credit card, are there any credit cards that won't allow it?

I already have a Virgin Money credit card.

Thanks!

Dandytf

Decided and transferred 350 from cap1 Luna to aqua 0% 6mths. 10 fee at least a few months to reduce as soon as poss.

nickchip1980

Hi Dan do you or anyone else know what the best credit card is to change to with £1500 balance and to transfer air miles to?

Stu_D

Hi

Is it possible to do transfer the balance from a Hire Perchance fiance agreement for a car to a 0% card?

bigadaj

Stu_D wrote: »

Hi

Is it possible to do transfer the balance from a Hire Perchance fiance agreement for a car to a 0% card?

It's possible but there are some hurdles.

Many finance companies won't accept credit card payments directly, which means you need a money transfer balance card, which tend to have higher fees than for a normal credit card balance transfer. This would deposit money in your current account which you'd then settle the hire purchase with. You need to confirm that you can settle at little or no cost with your finance company, and there isn't a clawback in discounts for example.

Last point is that car finance can be for significant amounts, so you'd need a large available balance to accommodate the transfer.

Joysjoy

Hi Dan

I used MSE's eligibility checker and got pre approved for an MBNA card - I then went through the application to MBNA and the outcome was it couldn't match me to a pre approved application from a price comparison site - the only difference was adding an optional middle name and adding additional info on childcare costs.( Different questions asked on MBNA site and eligibility question on outgoing too ) it then said I was however eligible and it would undertake a full application with credit search but no guarantee of getting the card . This smells very much like a hook - so I'm disappointed if MSE and probably other comparison sites are being used by MBNA like this. I didn't proceed as I started the application on the basis that I was pre approved and this seems a somewhat thin description . Has anyone else had this response and can MSE check this

Thanks

Joy

[Deleted User]

The pre approval is always subject to final checks.

PETER83

Hi Guys,
I need advice with my debt. I need to apply for credit card. Can you tell me which option could be best in my situation. Main thing is that I have £1000 overdraft on my bank account and I still need to pay back to one solicitor £2000 till June 2018. So question is can I get 0% balance transfer card to shift money to my and solicitors bank account? Or best would be money transfer card. I seen only one option for money transfer card on moneysavingexpert
MBNA UP TO 37 MONTHS 0%, 3.45% FEE (23.9% INTEREST AFTER)

Do you know any good deals to solve my problem?