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!
Tarting
therevelator
Posts: 120 Forumite
in Credit cards
Hi,
With regard to the companies that offer 0% balance transfers (0% fee) for six months, do different lenders tend to offer deals every six months?
It's just that the same lender is not likely to accept a customer for two consecutive six month deals. Given that there are not many companies offering these deals, it would make tarting difficult.
With regard to the companies that offer 0% balance transfers (0% fee) for six months, do different lenders tend to offer deals every six months?
It's just that the same lender is not likely to accept a customer for two consecutive six month deals. Given that there are not many companies offering these deals, it would make tarting difficult.
Treat everyday as your last one on earth! and one day you will be right.
0
Comments
-
therevelator wrote: »With regard to the companies that offer 0% balance transfers (0% fee) for six months, do different lenders tend to offer deals every six months?
It's impossible to generalise.
Currently, the chief contenders are Abbey, Capital One & Ulster Bank. You may also want to consider Norwich & Peterborough, although you have to be a society member to take advantage.
When it comes to fee-free BT deals, Ulster Bank has the longest track record, but who knows whether this will last?People who don't know their rights, don't actually have those rights.0 -
therevelator wrote: »It's just that the same lender is not likely to accept a customer for two consecutive six month deals.
Lenders vary in this respect, as with everything else. Ulster Bank will not consider applications from former cardholders in the 8 months following closure, whereas Capital One accepts applicants a month or so afterwards.
In all cases, it's advisable to check your credit reports to make certain the account is actually closed down and marked "settled" before you re-apply
People who don't know their rights, don't actually have those rights.0 -
therevelator wrote: »Given that there are not many companies offering these deals, it would make tarting difficult.
It would, if you're determined to avoid BT fees.People who don't know their rights, don't actually have those rights.0 -
Well, there is always the next best option of the 15 month 0% interest with 3% fee - of which there seem to be plenty of options.Treat everyday as your last one on earth! and one day you will be right.0
-
therevelator wrote: »There is always the next best option of the 15 month 0% interest with 3% fee - of which there seem to be plenty of options.
You may want to consider deals with capped fees as well. These work in your favour when you have a largish balance to transfer, but you can still save money when shifting sums of £2,500 plus. Currently, the longest 0% period available is 6 months.
The Virgin Atlantic card offers 0% BTs for 6 months, 2% fees, maximum £50.
The John Lewis card also offers 0% BTs for 6 months, 2% fees capped at £50.People who don't know their rights, don't actually have those rights.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards