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Title: 0% Balance Transfer Credit Cards.. Post by: DarloSTFC84 on Sunday, December 16, 2018, 11:47:05 So.. a colleague of mine has just asked me something I literally know nothing about (which is a shock)..
Can you use a 0% balance transfer credit card to pay off both an existing credit card debt AND you overdraft(s) or is it just for your Credit Card? Having never had one, I don't know how they work (and I'm not sure why they thought I would).. So here I am at the font of all knowledge trying to get the information she desires.. Title: Re: 0% Balance Transfer Credit Cards.. Post by: Quagmire on Sunday, December 16, 2018, 11:53:20 Will probably depend who the credit card and overdraft is with. I would say it’s unlikely you’d be able to pay off the overdraft though.
Title: Re: 0% Balance Transfer Credit Cards.. Post by: sir windon on Sunday, December 16, 2018, 12:24:10 This site is usually pretty good for advice
https://www.moneysavingexpert.com/banking/cut-overdraft-costs/ Title: Re: 0% Balance Transfer Credit Cards.. Post by: sir windon on Sunday, December 16, 2018, 12:26:57 They call them money transfers I think.
https://www.moneysavingexpert.com/credit-cards/money-transfers/ Title: Re: 0% Balance Transfer Credit Cards.. Post by: Simon Pieman on Sunday, December 16, 2018, 12:57:03 Yes you need one offering a 0% money transfer. Apparently they don't count as a cash withdrawal on your credit file.
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