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• As an existing Patinum card holder with a zero balance and good standing just tried to take advantage of 4.9% life of balance offer only to be told that there is no such offer but I can have 2.9% for 6 months. Didn't even get round to how much I wanted.
• I'm not sure if this is in the right place but here goes. I have just applied for the Amex Platinum card with the life of balance rate of 4.9% , as Martin has been telling the nation on tv and radio. As I was reading the t&cs I read that that rate was only available for balance transfers completed within the first 6 months. After that the rate goes up to 9.9% . This is not a problem to me but I wondered how many people are aware of this and also that they allow 12 balance transfers in a year. Apologies again if this has been mentioned in a previous forum.
• I just applied for the Amex Platinum balance transfer at 4.9% and printed of the application to sign. Clause 5.1 reads "The total charge for credit is Ј71.12. This consists entirely of interest and is based on the sum of Ј1,500 being borrowed at the start of the agreement and repaid in equal monthly instalments over the period of one year at the standard interest rate for purchases set out in condition 4.1 (i.e. 8.1%) and does not take into account any promotional rate that we may apply"
  I am somewhat baffled as to why this was inserted can anyone enlighten me?
• I've just been accepted for an egg card which I was planning to use as a mule and for its anniversary offer, as the 2% fee for intro balance transfers put me off. However, my limit is 10k to am I right in thinking I could SBT 9k out say and invest for 8 months at say 4.85% (cahoot savings rate) and just pay the max Ј50 transfer fee. That seems to leave you Ј182.80 in profit (8/12*.0485*9000*0.8 for tax less 50 fee). Is my logic correct - hadn't planned on this but seems like an opportunity too good to miss?
• Hi
  Barclaycard called me a few days back. Have a Platinum Visa with zero balance and Ј9k limit...havent used it for ages. Said I had been thinking about closing the account and they offered me a 4.9% LOB with NO BT fees . Explained that my current 0% finishes next month and they have left it open till the end of february Considering the current 0% deal is on my Skycard which is owned by BC...I think it was a pretty good deal :confused:
  Called Halifax too and they offered 4.9% LOB but with a 2% fee capped at Ј50, but obviously BC is better value.
  Have applied though for another 0% card..HSBC with NO fees on BT's for 9 months. If i dont get this, I will probably go ahead with the 4.9% LOB, as I dont want to risk to many searches IYKWIM.
  Is this a good deal?
  Thanks so much..great thread BTW.
  Penny-Pincher!!
  xxx
• When you go to the Egg online banking and use BT link on the right hand side, the info request looks as following:
  Transfer information
  card number
  amount Ј
  (min Ј100 maximum 95% of your available credit limit)
  (Copied from the personal Egg online banking service)
• I called (India/Amex) and was told I had a deal of 5.9% ending today, best they could do. The guy laughed when I said that I had heard there was a better deal around. Valid until 10/2.
• Hi all
  I currently have a Nat West gold credit card whereby the 0% balance transfer deal ends in May. I shall owe about Ј400 after my February payment. I also intend to pay for a holiday this month on this card (approx. Ј2500) and then shall look to transfer the whole debt (approx. Ј3000) to another 0% balance transfer card for as long as possible. My current card limit is Ј7500. I don't want to pay fees!!
  Any advice and experiences would be gratefully appreciated.
  Thanks
  Steve