credit limit will vary by applicant

This offer is for purchases

If you want money in the bank, sounds like you are after a money transfer credit card, the best money transfer offer is Virgin Money 0% for 32 months with a 1.69% fee http://uk.virginmoney.com/virgin/credit-cards/money-transfer-cards/

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If you want a card specifically for balance transfers go for a different deal e.g 0% for 32 months with a 0.59% fee, 0% for 40 months with a 1.99% fee http://uk.virginmoney.com/virgin/credit-cards/balance-transfer-cards/

Alternatively if you dont want to pay a fee - go for a 0% for 24 month balance transfer card with no balance transfer fee e.g. Virgin, Tesco

This is a deal for 0% on purchases not balance transfers

Why would it be a good deal if you use the balance transfer option? That would actually be the worse way you could use a card like this! If you transfer a balance to this card you would be charged 2.99%, so say if you transferred £1000 then you would automatically be charged £29.90 and this balance would have to be cleared within 18 months - so you would have to pay off £1029.90 over 18 months which is £57.22 a month. If you are aware that you will need to make some big purchases for example Christmas, and you spend £1000, you then can spread this payment over 30 months which works out at £33.33 a month, no additional charge.

So tell me again why you would cut up a PURCHASE CARD, put it in the bin and only use it for the transfer feature?

Of course if you have a balance that needs to be transferred then go for a balance transfer card with a lower transfer rate. However, this deal is for those who are planning big purchases (and I'm sure we all are), and is a smart way for a smart person to spend their money over this financially challenging period and not have to worry about additional charges or high, immediate repayments.

If you're not in a position to get a card like this, or you don't understand how it works then fair enough. But it's downright stupid to suggest that credit cards should be 'avoided'.

Tesco is up to 28 months, not guaranteed, depending on risk some people will get less.

Here we go again, another person posting simplistic insults, possibly because they themselves are not capable of handling debt and thus rule out other people being savvy enough to use it wisely and to their advantage.

What I don't really understand is why you think it's more clever in your own deal to borrow the money for a similar period of time via bank transfer and pay a fee for that, rather than plan a little ahead and slow stooze the money out with this card without paying a fee. Surely for your own balance transfer you'd be better off starting a purchases card in 2 years' time to get more funds rather than waiting 32 months and paying another fee?

http://www.hotukdeals.com/deals/cheapest-loan-cash-ll-ever-get-with-a-virgin-money-bank-transfer-credit-card-1-69-2475701

I see lots of antagonism on your thread where you distinguish between balance transfer and the often poorer deals that are money transfer cards because you're "not stupid" and credit card debt free. However, the really clever, not stupid, move would be to create a credit card debt by using one of the fee-free money transfer cards where you're just charged 6 or 7% apr, and then pay it within a few days (potentially without incurring any interest, or a few pence at most) by using a conventional balance transfer credit card. Same result, no handling fee.

You can have more than one card with some providers, but i doubt they will let you have more than one of these 'Introductory offers'. Existing MBNA customers could also not take up the Virgin deals in the past because the virgin cards were managed by MBNA. I do not know if this is still the case. It will be in the small print no doubt.

I think you can get 'combi' cards for both balance transfer and purchase. It depends exactly what you plan to do. Try moneysavingexpert website (credit card section) to see what is available.

Disclaimer: i am in no way associated with Moneysavingexpert