Overdrafts and Balance Transfers

jimmym105

I am considering transfering a credit card balance to the Barclay's card mentioned on the site: http://www.moneysavingexpert.com/cards/balance-transfer-credit-cards#cheapest

I am new to this and want to know if it possible to transfer an overdraft balance to a credit card? Any help would be much appreciated. Thanks

NickX

Only a few special cards allow you to Balance Transfer to an overdraft. These are known as SBT (Super Balance Transfer) cards and include Egg, Egg Money and any card from the MBNA stable (including the Virgin range of cards).

In addition Mint frequently provide Credit Card cheques that can be paid into a Current Account at Balance Transfer rates. However this is the least satisfactory option because you don't know precisely when the cheques will drop though your letterbox.

Gallovidian

I've certainly done it in the past, a few years ago, so unless
they have tightened up I don't see why not.

jimmym105

Thanks very much. Exactly what I needed to know.