What is a balance transfer mastercard?

What is a balance transfer mastercard?

An equilibrium import lets you flow a balance off some other borrowing or shop cards with the Virgin Money Credit card. Because of the moving your balance in order to a reduced speed, you’ll shell out less notice, so you may save money. Sweet.

You will find constantly a charge for while making an equilibrium import. However, even after you’ve paid back it, you can remain better off.

  • The length of time will new promotional price history?
  • Do you realy save money along side advertising period – even with paying the harmony transfer fee?
  • What is the standard interest rate just after their advertising several months closes?
  • You’ll want to create your minimal payment when it is due. Or even, we’ll stop your advertising and marketing rates (from the start of that statement several months). So it is really worth setting-up a primary Debit in order to satisfy their month-to-month repayment.
  • If your advertising and marketing speed finishes otherwise i end they, we will ask you for the present day practical rate of interest.
  • The bill you may be transferring can’t be regarding other Virgin Money, Clydesdale Lender, Yorkshire Financial otherwise B charge card. (suite…)

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