Capital One Platinum Card

cepheus

My friend has just been accepted for this card. It offers 0% for 15 months on purchases and transfers the latter with a 3% fee. I presume this card is one of the few it is safe to do both at the same time without incurring interest? I recall a article advising against this and getting two separate cards in most cases.

bethanyrayne

cepheus wrote: »

My friend has just been accepted for this card. It offers 0% for 15 months on purchases and transfers the latter with a 3% fee. I presume this card is one of the few it is safe to do both at the same time without incurring interest? I recall a article advising against this and getting two separate cards in most cases.

Yes, if it has the same 0% period for both then it's safe to do both.

Happy Shopping.

cepheus

So this site is incorrect?

Nationwide Building Society and Saga are currently the only card providers that operate under a positive order of payments, where the most expensive debt gets paid off first.

http://www.thisismoney.co.uk/credit-and-loans/article.html?in_article_id=443178&in_page_id=9

YorkshireBoy

cepheus wrote: »

So this site is incorrect?

Nationwide Building Society and Saga are currently the only card providers that operate under a positive order of payments, where the most expensive debt gets paid off first.

http://www.thisismoney.co.uk/credit-and-loans/article.html?in_article_id=443178&in_page_id=9

No, it's not incorrect.

Your Capital One card has the more common 'negative' order of payments, but since you have 0% on both purchases and balance transfers for an equal introductory period duration it doesn't matter what the order of payments is.

clio

Y/B
Any idea who underwrites the saga credit card,just need info for my mother.

YorkshireBoy

clio wrote: »

Y/B
Any idea who underwrites the saga credit card,just need info for my mother.

I'm sure it'll say on their website somewhere.

clio

It doesn't i've checked, my mum is not really interested it's just me i,m like that a nosey so and so hehe:D

RichyRich

The SAGA Credit Card is issued by Liverpool Victoria Banking Services.

YorkshireBoy

Go to www.saga.co.uk
Click on the credit card link (great big one at the right-hand side of the homepage)
Scroll down to the bottom of the page and you will see it's run by...

Allied Irish Banks PLC

clio

I read that before and did not see it , soz for waisting your time, blame Jonesy it's his fault them man ure fans are allways to blame lol.. \o/

clio

R-R
Yeah it says that about the saga card being LVBS maybes they run it on behalf of AIB..
http://www.saga.co.uk/finance/spf/visa_card/