help with cunning plan

elton1000

Hi
Just to say I've searched the site and can't find the answer so if this question has been asked before i apologies.

I have an overdraft if i put the overdraft onto a credit card it is classed as a money transfer and charged accordingly if i do this can i then transfer this balance to a 0% credit card or will they charge me the money transfer rate as well ?

YorkshireBoy

See this article: http://www.moneysavingexpert.com/cards/stooze-cash-credit-cards

BMWobbleU

elton1000 wrote: »

Hi
Just to say I've searched the site and can't find the answer so if this question has been asked before i apologies.

I have an overdraft if i put the overdraft onto a credit card it is classed as a money transfer and charged accordingly if i do this can i then transfer this balance to a 0% credit card or will they charge me the money transfer rate as well ?

mbna and egg don't charge if you put the balance transfer in your current account, but they may charge 2 to 3% of the total as a fee. This fee has nothing to do with it being transfered to a current account.