We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Advice please!!!!!!!!!!!
flavelr
Posts: 1 Newbie
Hi,
I'm looking at with drawing cash on my visa to pay off overdraft & sister.
Then apply for a 0% cc & trf the balance from my current visa across to the 0% visa. Setting up a direct debit to pay off the visa, i'll be getting lump sums in over the next few months so was thinking off using these extra payments to clear a little more of my debt. And then by clearing off my overdraft will save me over £300 a yr.
Please can you let me know if the above is possible, ie will i be charged on my new visa for a cash withdrawal that i made on current visa... If it makes sense!!!!!!!!!!!!!!!!!!!!
Many thanks.:rotfl:
I'm looking at with drawing cash on my visa to pay off overdraft & sister.
Then apply for a 0% cc & trf the balance from my current visa across to the 0% visa. Setting up a direct debit to pay off the visa, i'll be getting lump sums in over the next few months so was thinking off using these extra payments to clear a little more of my debt. And then by clearing off my overdraft will save me over £300 a yr.
Please can you let me know if the above is possible, ie will i be charged on my new visa for a cash withdrawal that i made on current visa... If it makes sense!!!!!!!!!!!!!!!!!!!!
Many thanks.:rotfl:
0
Comments
-
Hi, it sounds risky if you don't get accepted for the 0pc card. I would check on the credit card board for advice on what's the best way to do this.
gtdOfficial DFW Nerd Club - Member no. 208 - Proud To Have Dealt With My Debts DEBT FREE DECEMBER 2008!!!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards