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Bloomers Confused
bloomers5
Posts: 94 Forumite
Sorry for being thick but can anyone tell me -- can I use a credit card to pay off a bank overdraft which is £2, 750 and costing @ £40 a month interest.
Can I ring my Natwest Bank and say I want to use a *** 0 per cent credit card to pay this off. Is that allowed?
I would rather use the £40 to go to paying the amount off - which is my aim.
Please give me advice
I'll be blooming pleased if you do
bloomers5
Can I ring my Natwest Bank and say I want to use a *** 0 per cent credit card to pay this off. Is that allowed?
I would rather use the £40 to go to paying the amount off - which is my aim.
Please give me advice
I'll be blooming pleased if you do
bloomers5
0
Comments
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NatWest won't care where the money comes from if you are paying off an overdraft. Most credit cards however won't allow you to do a balance transfer to a bank account. Some will (MBNA & Virgin I think) but you may get charged a fee.
You are best posting this on the Credit Cards board.
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