Go to Barclays.

Get application for 'Premiership Barclaycard'

Take out £5000 cash from one of your other credit cards (get it paid stright into your current account and you prolly wont pay a fee - MBNA/EGG etc)

Apply for Premiership card and transfer £5000 balance.

There will be NO interest ever charged for the life of the balance transfer.

Only stipulation is £1/month minimum spend - set up a donation to your fave charity.

NEVER pay interest on your loan/balance.

 

Do the math, get the card and get a £5K interest free loan forever:)

 

(you MUST do the transfer at application to qualify - the best ever Credit Card deal offered)

 

Glen

Agreed Glen - it is indeed a good deal - so good in fact that I applied for one ... seemed like a good place to stack a small Kilimanjaro of debt ...

 

However, it would seem that the feckers never actually bother to process your application, thus negating some of the interest savings!! :D

 

4 weeks and counting so far :mad:

 

"thank-you Barclaycard" ...

 

:D

Im gonna do that when I buy my alloys. Put it all on my credit card and then apply to one with 0% on balance transfers.

there is a 5% minimum payoff each month so you will have to automatically pay off £250 a month to start off with :)

 

if you don't you get hit with a £20 fine

I did this very thing and transferred the balance of one of my expensive cards to a 0% balance transfer but then spent the money I freed up on expensive card again, so watch out if your a bit of a spender like me lol !

 

Olly.