Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • qwertyqwerty
    • By qwertyqwerty 7th Jan 19, 1:15 PM
    • 106Posts
    • 1Thanks
    qwertyqwerty
    Credit card to pay mortgage???
    • #1
    • 7th Jan 19, 1:15 PM
    Credit card to pay mortgage??? 7th Jan 19 at 1:15 PM
    Hi

    What is the recommendation for the best credit cards to get with a high limit and 0% fee. I want to use them to bring the mortgage payments down whilst I go through the process of selling my house. Ami right in thinking its 0% purchase cards I should be looking at?
Page 1
    • zx81
    • By zx81 7th Jan 19, 1:21 PM
    • 20,129 Posts
    • 21,478 Thanks
    zx81
    • #2
    • 7th Jan 19, 1:21 PM
    • #2
    • 7th Jan 19, 1:21 PM
    Few lenders, if any, will accept card payments unless you are in arrears.

    You would need a money transfer cards, but the fees will be almost certainly more than your interest rate.
    • Terry Towelling
    • By Terry Towelling 7th Jan 19, 1:23 PM
    • 828 Posts
    • 646 Thanks
    Terry Towelling
    • #3
    • 7th Jan 19, 1:23 PM
    • #3
    • 7th Jan 19, 1:23 PM
    First, you might want to check that your mortgage provider will take credit card payments for the mortgage. Second, if they do, you will need to understand whether your mortgage provider will process them as cash transactions which usually incur a fee and would probably not be included in a 0% offer either.

    Another option might be to get a 0% money transfer card which will allow you to transfer cash into your bank account from where you can pay the mortgage. However, these offers usually have fees attached to them also.
    • agrinnall
    • By agrinnall 7th Jan 19, 1:41 PM
    • 21,970 Posts
    • 17,929 Thanks
    agrinnall
    • #4
    • 7th Jan 19, 1:41 PM
    • #4
    • 7th Jan 19, 1:41 PM
    Can you explain the reason for wanting to do this at all? Why do you feel the need to reduce your mortgage payments while selling the house?
    • dj1471
    • By dj1471 7th Jan 19, 7:57 PM
    • 1,421 Posts
    • 1,001 Thanks
    dj1471
    • #5
    • 7th Jan 19, 7:57 PM
    • #5
    • 7th Jan 19, 7:57 PM
    If you're intending to apply for a new mortgage then applying for credit now isn't a good idea.
    • msallen
    • By msallen 12th Jan 19, 7:27 PM
    • 946 Posts
    • 1,147 Thanks
    msallen
    • #6
    • 12th Jan 19, 7:27 PM
    • #6
    • 12th Jan 19, 7:27 PM
    There are some few lenders who are giving credit card at 0% interest and its hard to get.
    Originally posted by Rockye
    10 inane posts within 13 minutes of joining Rockye? How long until you start spamming us ?
    • Craig1981
    • By Craig1981 13th Jan 19, 7:08 AM
    • 613 Posts
    • 294 Thanks
    Craig1981
    • #7
    • 13th Jan 19, 7:08 AM
    • #7
    • 13th Jan 19, 7:08 AM
    There are some few lenders who are giving credit card at 0% interest and its hard to get.
    Originally posted by Rockye
    and the basis of this information is?????
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,976Posts Today

8,662Users online

Martin's Twitter