Credit Card Balance Transfer Discussion Area 3

Walletwatch

Hi

Got a Citibank card (limit £3500) which I use for my purchases.

Stoozing cards currently include (in the order in which I applied for them):

Barclays £950 >:(
Egg £3500
Morgan Stanley £2600

Can you suggest the next few cards I can apply for towards stoozing? Links also will help.

FYI, have been rejected for an MBNA card (applied direct to MBNA) because I hadn't finished three years in the UK.

Martinslovechild

Walletwatch,

You could try

Lloyds TSB Advance (12 months 0%)
HSBC Gold Card (9 months 0%)
Halifax One Card (9 months 0%)

Walletwatch

Thanx MLC

Just applied for the Lloyds TSB. Do you think it makes sense to apply for one more now, or should I wait for them to respond? (the website said five business days)

Also, following the advice on some other posts here, I have decided to apply for the HSBC one at the branch, instead of online.

Thanx a ton for your help.

WW

MoneySavingTart

Hi Folks,

It looks like Lloyds TSB offer one of the longest 0% periods but any opinions on how generous their Credit Limits are?

Tia

MST

monki_man

I saw somewhere that Capital one is offering 0% balance transfer for 12mths.

Jen_Jen_5

apologies if this has already been mentioned..

mailing from Mint yesterday has 9 months 0% but charges 2% on any balance transfer to a max of £40.

am I correct in assuming Lloyds TSB, halifax, etc dont charge on their BTs?

Nil_Desperandum

I received an application form for Tesco tonight - they have a website offer for 0% on purchases to Nov 05 but about 6% on BTs - this one offers me also 0% on BTs to Nov05.

Seems to preclude SBTs but I was thinking that I might transfer from one of my other stoozing SBT cards and then refill that - I assume that will work.

My experience so far:

Virgin £9k - allowed to transfer £8.8k - £5/mth min - easy
Mint £9.1k - still waiting for the cheques (over a month now!!) - irritating since phone SBT isn't 0%!!!
Egg £15k - very efficient and transferred all on-line

So I'll apply for a Tesco card and ask them to transfer Egg and Virgin (if a big enough limit) and also spend on it. Then hopefully reload virgin and egg ...

Anyone aware if I'll have any problems doing this?

Already saving over £100/month since netting off against my mortgage @ 5.75% - fantastic ;D

budgetflyer

The wife has just got an offer through from CITI BANK to apply for a platinum card

They are offering [glow=red,2,300]2.9% [/glow]BT for LIFE.
Transfers have to be done within 6 months of taking out the card which works out nicely for my egg 0% anniversary 5 months finishing

We have well used our Capital one 3.9% for life, so if we can get our hands on this one it would be the icing on the cake

marvin

Received 2 today the standard 5 months 0% from marbles which will defo go in the bin as it does not fit with my needs at the moment (IE beyond April).

The other is Barclays who are offering 0% to Jan 2006 it does however have a catch (doesn't it always with BC?!)

It has a 2% transaction fee on BT's (so its not 0% on BT's its 2% if its a whole 12 months 2.2% (if my calculations are correct) if its 11 months etc.

There is however a £50 max fee which if they offer a big enough limit could cut the 12 months fee to 1% (1.2 on 11 months etc.)

considering this but its only worthwhile if I get a limit above £5000 so I can BT the maximum allowed.
anyone got any experience of this offer? its on a BC platinum card.

Fairwinds

[quote author=budgetflyer link=board=Questions;num=1098105318;start=150#151 date=01/07/05 at 22:28:55]The wife has just got an offer through from CITI BANK to apply for a platinum card

They are offering [glow=red,2,300]2.9% [/glow]BT for LIFE.
Transfers have to be done within 6 months of taking out the card which works out nicely for my egg 0% anniversary 5 months finishing.....

quote]
As a better soloution can someone confirm if this would work.
If my wife has an existing egg card and I take out one 6 months after her anniversary date, we should be able to keep transferring a balance between the two cards and only paying interest for 2 months a year.
Am I right in thinking you can transfer a balance from a credit card not in your name? ( always making sure the balance on the card before transferring is zero)

How stingy not to make it 6 months interest free annually