Might help someone? - Only available until 15/02/2016
Details on their website;-
This is a limited offer, available until 15th February 2016.
0% for up to 40 months from account opening on balance transfers within the first 90 days.
0% for 6 months from account opening on purchases.
An initial 3% fee applies, we'll then refund 0.05% on balances transferred within the first 90 days.
You may receive a shorter balance transfer introductory period and different representative APR based on your individual circumstances. At least 51% of successful applicants will receive a representative rate of 18.9% APR (variable).
Minimum £100 balance transfer. An initial 3% fee applies; we'll then refund 0.05% within 90 days, so the effective fee is 2.95%. The refund applies for balance transfers in the first 90 days from when we open your account, after which a 3% fee applies for each balance transfer.
Quidco £20 !
- rdbradshaw
Top comments
thekudos to MarkyB77
19 Jan 1616#15
What has Mumps, Measles, Rubella got to do with a credit card?
wah0007 to thekudos
19 Jan 163#4
Just give them a call?
rdbradshaw
19 Jan 163#2
Also £20 quidco , added to the description .
All comments (45)
cliosport65
19 Jan 16#1
looked at this but there was other cards with lower fee and a few extra months, but its down to the individuals preference , I'm sure it will help someone :smiley:
rdbradshaw
19 Jan 163#2
Also £20 quidco , added to the description .
thekudos
19 Jan 162#3
Don't bother...the site always says technical problems when you click confirm after spending 15 mins filling in all their forms.
0% for 32 months with 1.4% fee but you receive £25 back if you complete a balance transfer within a month of opening account. So for a £5000 transfer, it's going to effectively cost £45. Far, far cheaper than any kind of loan and frees up some capital to put towards a deposit on a house for us. Hope it helps.
MarkyB77
19 Jan 161#6
It might free up deposit, but it will reduce your affordability ratios if they are tight following MMR circa 2 years ago.
siliconbits to MarkyB77
19 Jan 161#7
MMR?
gwapenut to MarkyB77
19 Jan 16#8
Spot on. even before MMR, I found that £10k of credit card stoozing reduced the amount they would lend me by multiples of £10k (and that's with good credit rating, 5x joint income multiples, etc)
cheaperbythe12 to MarkyB77
19 Jan 16#11
True, however our deposit is 40% and so they'll ask fewer questions when it goes to underwriting. It also wasn't a problem for the last mortgage we had when our deposit was less and we had a bigger balance transfer a couple years ago.
I get your point though and people should seriously consider doing this if looking for a mortgage within the balance transfer term as, generally, it will decrease their chances of being accepted.
thekudos to MarkyB77
19 Jan 1616#15
What has Mumps, Measles, Rubella got to do with a credit card?
The Halifax has lots of offers on that page, including 0% transfer fee (shorter repayment time), if you have a balance you plan to pay off within a couple of years that might be a better option.
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Opening post
Details on their website;-
This is a limited offer, available until 15th February 2016.
0% for up to 40 months from account opening on balance transfers within the first 90 days.
0% for 6 months from account opening on purchases.
An initial 3% fee applies, we'll then refund 0.05% on balances transferred within the first 90 days.
You may receive a shorter balance transfer introductory period and different representative APR based on your individual circumstances. At least 51% of successful applicants will receive a representative rate of 18.9% APR (variable).
Minimum £100 balance transfer. An initial 3% fee applies; we'll then refund 0.05% within 90 days, so the effective fee is 2.95%. The refund applies for balance transfers in the first 90 days from when we open your account, after which a 3% fee applies for each balance transfer.
Quidco £20 !
- rdbradshaw
Top comments
All comments (45)
Halifax customer of 30 years.
http://www.hsbc.co.uk/1/2/credit-cards/credit-card
0% for 32 months with 1.4% fee but you receive £25 back if you complete a balance transfer within a month of opening account. So for a £5000 transfer, it's going to effectively cost £45. Far, far cheaper than any kind of loan and frees up some capital to put towards a deposit on a house for us. Hope it helps.
I get your point though and people should seriously consider doing this if looking for a mortgage within the balance transfer term as, generally, it will decrease their chances of being accepted.
http://www.uswitch.com/mortgages/guides/mortgage-market-review/