Sounds like free money to me :smile:

Quidco link

TCB link

MSE pre eligibility checker tool link - gives likelihood of acceptance without impacting your credit rating

Free Money!!!!!!!

If your card gets lost or stolen do they send round a yellow van with flashing lights to help you?

Just as a warning, got a 2.99% BT fee slapped on it. Not happy.

Thanks guys, i'll give them a ring and see how this works out!

I have the money to pay it off (Holiday fund). But need to get that onto the AA card. if this may be an easier route i look forward to any suggestions!

Only Santander and Halifax can give you the right answer but speaking from experience as being in debt :disappointed: for almost 8 years (not anymore, thankfully) you cannot pay off a loan from a credit card. Some credit cards like Tesco and MBNA etc allow you to transfer your credit card balance to your bank account (they call it money transfers) usually with a 4% one off fee. Then you can pay off your loan as the money is going from your account.

Not sure if you can pay the loan off with a credit card. The loan company will incur card fees.
Think you need to phone and ask santander but I'm guessing it'll cost.

Got the card with 4k limit! happy days.

Just to triple check (Sorry never done this before), i have a loan with Santander 3.8K and a Credit card with Halifax and this nice new AA CC. So i pay off the loan with the Halifax CC and then do a transfer from the Halifax to the AA CC and enjoy the interest free period?

I plan to pay off the balance within the 24 months!

cashback now £49.50 https://www.topcashback.co.uk/aa_credit_cards/

Still haven't had no email from the AA, said it was excepted on the site and cashback tracked quickly, would have thought an email would have come by now to confirm.

tempted to go for it but really don't need another dormant credit card account

Couldn't resist £47.25 cash back. Accepted, but I went for the 26 month on purchases card.

Increased TCB offer of £47.25 for an activated card http://www.topcashback.co.uk/aa_credit_cards/

Well I might give them a call and see whether I can get something done about the certification process. I think Bank of Ireland are linked to the post office so maybe one can use them? As it stands though am likely to cancel as it's simply too much trouble :disappointed:

I assume non Bank of Ireland providers won't be looking to do the same?

Received mine, so I'm happy.

Still a faddle though. I don't have an accountant, free access to a solicitor and my banking is all online so don't know if I can wander into a bank (mine has no branches of its own) for someone to certify for me. It seems like a real waste of a doctor's time to make an appointment because my documents need attention.

The forms don't say you can send originals (not that I would) so certified copies appear to be the only route?

Spoke to AA you only need them signed if sending copies.

Applied and got some money laundering documents through which means I have to get the original certified by a doctor, lawyer or accountant. Ridiculous, so am cancelling the application.

Received Money laundering & credit documentation check-list forms. Never had that before with credit card application.

yes - looks like you can setup direct debit online as well http://www.theaa.com/credit-card/manage-your-card.jsp

Thanks for posting. Just got accepted. Lovin' the zero fee.

Thanks :smiley:
Can this CC be fully managed online?

assuming AA have an instant online decision (which may not always work) - you will be accepted/declined or referred

if referred they may request some further info from you to validate a few things e.g. income and proof of address such as a utility bill

also remember to setup a direct debit for any monthly payments if accepted

After the application is completed online, assuming one is accepted, is there anything else that needs to be done? (i.e. do they send forms to sign? do they phone? any other verification?) I'm going away for a bit but don't want to miss out on this offer. Should I wait a couple of weeks till I come back?

15th June according to Moneysupermarket

If you get one of these and say you got £1000, does that mean you have 24 months to pay off the £1000? without it affecting your credit rating? I thought credit cards had to be paid off within like 45?

good advice but many wont follow it though :smiley:

I applied for a post office one three months ago and got rejected. Experian score was excellent too. Now I applied for this and got accepted with 4.5k starting credit.

I don't get it. It's pot luck I think ...

Did anyone receive email confirmation?

The website and web services seem pretty crappy.

I'm sure everything will be fine but its all a bit cheap feeling!

I need about 15K! Anyone know who are generous with the limits??

Santander Current Account currently paying 3% on up to 20 grand.

How long will this offer be on for?

Will check it out just before my mortgage ends. If I could get £10k and wife similar we'd be laughing

997 rating on experian last time I looked 18m ago and had a couple of new products since then and not missed a payment etc so as good a chance as any

My application got rejected

Has almost everyone got accepted for it?

shame 1 of the balances i want to transfer is from post office which use bank of ireland too. but worth it for the other transfer and free £30

In the application for Virgin Money transfer you specify the amount you want to transfer, I believe the maximum is £15k. Got that card earlier in the year with the 1.69% fee and gave me a credit line of £9k. I think if you specify a higher amount they may refer the application to double check a few items including income.

cheers

Its worth keeping one, just to keep a fairly good credit rating, however, be careful, if you buy anything on it, pay it off IN FULL when your statement comes in.

Not true. You can click 'other amount' and pay whatever you like.

I am in the same boat, just been refused. Have been card tarting and have an exemplary credit rating! I think they weed us out these days.

The MSE calculator came out at a 90% chance of acceptance, that's a useless tool then isn't it?

What about purchase credit cards? At then moment I have 2 purchase credit cards with different limits, I'm using just some of the credit and going to pay it in full at the end of interest free period. Is it worth to keep those cards after interest free period? I know that credit card companys can offer bigger credit limits, but will it be with new interest free limit? I guess not?..

You need to have quite a sizeable amount of money in the bank for the interest to be worth anything these days. Most people's yearly interest can barely buy a burger meal :laughing:

Do you already have a Bank or Ireland card? May be the reason.

Yeah, I also mentioned this. I just think it is useful for people to know who they're dealing with, Bank of Ireland have been in existence for hundreds of years (1700s if I'm not mistaken!) so rest assured your money is safe, it's not going anywhere.

The cashback is free money as is any interest you earn by putting money away in a savings account each month to eventually pay off the balance come the end of the free period. You just make a minimum payment in the mean time.

Mine said 22 as well and I was transferring over £5k

perfect timing

It will take even longer than the 100 months you quote bellboys as the 1% is on a reducing balance so depending on how much you start of with it takes a lot longer.

£10k - 238 months
£5k - 169 months
These are theoretical numbers as the interest free period runs out after 24 months which would extend the length of time that it would take to pay off even further!

Agree with the sentiment though - use these kind of cards wisely as a number of posters are pointing out and they are great. They are not free money though.

oh oh, another debt thread, i better not say anything about the fallacy of credit cards been a good thing then :stuck_out_tongue:

So I have the card.. Can't work out how to get cash back?!

thanks, just used to do a balance transfer!! :smiley:

Applied, decision will come through in 5 days....

Can I get free KFC popcorn with every £100 spent?

Only allows the minumum payment or pay in full for my balance transfer which is a pain as I had a figure worked out for paying off, but the minimum payment wont fully pay it in the time :disappointed:

Did yours say 24 on the accepted screen? I got 22, but it did say something about 22 months if you transfer less than £500, so I'm assuming mine may increase to 24?

No, thats called a money transfer.

You usually pay a larger fee for this, but barclaycard and mbna sometimes do deals on money transfers.

However, bear in mind that once you leave the 0% bit, its still classed as a cash credit - as though you got money out at a ATM, which means mental interest rates outside of the promo period.

HEAT!

>>>>>
The AA card is provided by the Bank of Ireland UK..

https://www.bankofirelanduk.com/corporate/partnerships/aa/

I 'liked' the post.
Very against debt except a mortgage but advice on a way to get 0% by 'flipping the cards' at the right time, sounds perfectly reasonable to me.
cheers

​Appreciate the effort, but anyone needing this level of detail should not be considering a credit card...

Really good deal I voted hot. The 'underwriter' is the Bank of Ireland who provide the Post Office with their card http://www.postoffice.co.uk/credit-card/matched.
One amazing feature as well as the 27 month interest free on the PO card is 90 purchase (loss, accident damage) protection.
Like Barclay Card used to in the 80's with the Rowan Atkinson ads!

Also Tesco credit card - less at 21 months 0% for transfers within 90 days of opening account. £30 TCB. I only signed up 4 or 5 weeks ago and the cashback has already been paid.

I'd avoid like the plague.

I got suckered into applying for one of these - and got accepted, but with a credit limit so small as to be utterly pointless.

Hit on my credit file, closed the account immediately, waste of time...they're just after people's personal data.

don't forget you can apply through quidco and then do a highest cash bank guarantee claim.

Thanks op

no problem!

What sort of credit are people getting with this if they are accepted? seems to be alot of people getting rejected or minimal credit?

Heat from me.
I have benefited from such deals for the last 7 years or so and never paid any interest on any card. Just moved on from one card to another just before the expiry of the 0% offer. Now I am debt free (just recently), it's such an amazing feeling ...Woo hoo :smile:

yes!, just in case you are tempted to use it when the carrots expire.

Good spot! Thanks so much. Heat from me :smiley::smiley:

Just I have a balance on one just now, don't usually do the credit think and from memory the payment that gets taken is buttons as in it wont really scratch the surface, which is not a good thing I guess

About average. That's only £2.50 per 100 pounds.

The minimum monthly payment is normally £5, so you will be charged £5 or 2.5% whichever is greater.

Personally I love these kinds of cards! I transfer outstanding balance to them. Divide that amount by the interest free period (for example £2500 / 24) and set up a direct debit for that amount. That way when the interest free period is over the card is clear, I just close the account and move on.

I can't remember the last time I paid interest on anything except for my mortgage.

I've got around 11 months to go on my current 0% deal which will see my wedding and honeymoon paid off.

Never mind, I see it applies to all balance transfers made in the first 3 months.

Not free money, it has to be paid back :laughing: (stating the obvious)

Does the fee-free balance transfer only apply to when opening the account? Will all balance transfers after that have a fee?

£30 tcb for a few keystrokes, thanks OP

I did this the last time round. AA quidco tracked but still not confirmed from January. Quidco says it well within 'their timeframe'. 5 months is not within mine. I would avoid if you're just after the cashback. Card was poo too as you could only use an app and it never stored the card you made payments from. Ended up clearing it and destroying. Not closed account yet for the fabled cashback.

Rejected at 40% chance :disappointed:

I applied for this a month or so back and got rejected. Never been rejected for a credit card before, haven't applied much recently, and have a v.high Experian score so was quite surprised. Unless they looked at my history of keeping balances on 0% and shifting them about in which case they might have thought we're not going to make much money from this one.

Good rate and duration though, particularly with the cashback.

Seriously need to check these out for maximum amount I can borrow as I want to switch my mortgage but the only decent rates have silly fees. If I got one of these I could pay of a few hundred a month and if theres much on at the end just transfer to a different 0% balance transfer

Would also mean My home would be unencumbered with only consumer debt on my experian

Is that quite higher than average?

Thank you for info, I always wondered this!

sorry did anyone get it on 70% or less?

i got a 70% chance of getting it on the eligibility calculator... did and get the card with this or less of a percentage

Thanks for your reply, I understand that, I wanted to find out about balance transfer card, so when my balance is paid off in full, it's not worth to keep that card? It's better just to close it down?

This may help if you need to find out who owns your credit card as you cannot transfer from Bank of Ireland card to another Bank of Ireland card

https://www.uswitch.com/credit-cards/guides/who-owns-your-credit-card/#Who-owns-your-credit-card

Can you transfer your balance at a later date. Just going through the process now and want to make a purchase on my current credit card before I transfer the balance. It is currently asking me to transfer the balance on my application, but I don't want to transfer just yet?.pending TV Purchase

Cheers

You have a few options. Lets say you have £2400 on a card with another company. You balance transfer to this card thus giving you 24 months to pay off the £2400. £100 a month to pay back. If you cannot afford to pay £100, lets say £50, you would have £1200 left at the end of the 24 months. At this point and timing is crucial, you balance transfer to another 0% on balance transfers card with as low a fee as possible -0 fee if you can. Lets say you had 12 months on the new card, that gives you this long to pay the £1200. Again, if you pay £50, it will have a balance of £600 at the end. You can then apply for another card until the whole amount is paid off. Hope this helps.

And when interest free period is over you close your credit card?

Thanks, looks like a great deal :smiley:

thanks chanchi32

there are minimum repayments to make each month.....?

Not eligible for this but I just noticed this card appears to be provided by Bank Of Ireland, in case that info is useful to some.

thank you

I love free money

can I transfer from this card to my current account? I don't know anything about credit card! cheers

Awesome, £3900 24 months TCB tracked in minutes. Thanks OP!

Just a double check yes or no ... One would be able to transfer debit from a credit card to this AA credit card. & in doing so have no interest to pay until the 24 months end?
My first looking into a balance transfer of debit (for a senior citizen).

They are not good for giving generous credit limit.

Awesome Thanks! Got it! 22 months though, but still good!

Stooooooze

Excellent. Thanks for posting this deal ... just in time !

Can you transfer money from a personal loan on to this? Or can i do that on my current Credit card and do a balance transfer from that credit card to this one?

Automobile Association or Alcoholics Anonymous?

If your card gets lost or stolen do they send round a yellow van with flashing lights to help you?

Free money? Very nice...

Ta chanci. :smile:

FREE that`s for me, nice find chanchi, heat added :smiley:

Free Money!!!!!!!

Sounds like free money to me :smile:

Quidco link

TCB link

MSE pre eligibility checker tool link - gives likelihood of acceptance without impacting your credit rating