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Attack on credit limits
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- Lemon Slice
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Re: Attack on credit limits
I have two credit cards, first direct and Halifax Clarity, no recent changes to either. Combined credit limit about £15k, quite often have up to £2-3k used (paid off monthly, of course).
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- Lemon Slice
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Re: Attack on credit limits
bungeejumper wrote:While the other Barclaycard breezily offered me 27 months @ 0% on £11,500 worth of transferred credit. (I accepted.)
BJ
Yes, but what were the transfer fees?
Adrian
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- Lemon Half
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Re: Attack on credit limits
AJC5001 wrote:bungeejumper wrote:While the other Barclaycard breezily offered me 27 months @ 0% on £11,500 worth of transferred credit. (I accepted.)
Yes, but what were the transfer fees?
From memory, about 2.6% in January 2020. It looks like they've toned down their offer a bit since then, because they're now charging 2.4% on an 18 month deal, which isn't as good.
As a stoozing proposition, it's of marginal viability. But if you've got a credit card balance somewhere, or a bank loan that you could pay off, it can still save you a fair pile of money. All you have to do is remember not to miss the payments.
BJ
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