well managed debt is much better than poorly managed savings. Some people actually have aspirations for their lives and if moneys cheap (or in this case free, great deal by the way OP!) then good for them.

You can also have debt that isnt inflicted by materialistic gain (a bizarre notion to the high and mighty). If you're on a low income and your car blows up, boiler packs in and your loo blocks then maybe you have no choice. Again, far better to manage that sensibly then sell the kids clothes or start shoplifting consumer electricals (or at least i think it is)

You might of racked up student debt. Its quite hard to be a student but your aspiration is to make things better and its good to know that deals like this exist so that youre not spending your working life once you qualify as a rocket scientist paying off your Aldi groceries from 2006.

And finally, the whole notion that debt is stupid generally comes from people with loftier than though attitudes who only get there 2% interest on there meager savings because people are actually paying interest at the other end.

Your views not really helpful to anyone.

sound good thanks. :smiley:

Note that to be eligible for the cashback, your balance transfer needs to be at least £1,500 - so you can't b/t £200 and pay a small b/t fee in the hope of getting the cashback

Note too that Lloyds (same group) and Barclays offer similar cards (same 1.39% fee over 32 months)

Time to switch from my Sainsburys 19mth card.

Think potentially you could transfer £1500 to get the deal even if you only have a balance of £200 to 300 , your current card would then show a credit of £1200 or £1300 and you could continue spending on that card to reduce credit to zero . Doing this means you could take full advantage of the £1500 interest free even if you don't have that amount to transfer .
I have £2500 with first direct at 0% so no point transferring it but could take advantage of this deal by over paying by current card I spend on , hope I've made sense !

just looking at the tcb, I can only find £35.35 where to qualify you must deposit £1500 etc...Looks like identical terms for the Halifax cashback, are you sure this is in addition to the Halifax cashback or are they just adding 35p to the original deal?

Dave, my TCB shows as £36.75, but I might be on a differnt tier as yourself. I only said possible TCB, as you might only get the one, but no harm in trying :-)

I got an idea how about staying debt free. No credit cards or loans earn and then buy. Cold from me

Alternatively, if you like making your money work harder pay the 1.39% fee and invest the money at a better return rate, i,e savingstream for 12%.