Just a heads up. I applied for a credit card online specifically to transfer to 0% interest for 8 months. Filled out the form, put in everything required including the amount to transfer. Got approved. Signed the agreement. Waited for my card etc..
Letter arrives saying "because of the credit limit we have given you, we are unable to transfer the balance...". WTF? I do'nt want the card if I have not sufficient a credit limit!! No option on the form to say "Do you still require this card if the limit we provide is less than the balance transfer amount?".
My naive assumption that "Approval" meant that I had been approved for the value of a card > or = to the value to be transferred was clearly wrong!
Notwithstanding the time it took to process this application (and the amount of contracts and approval letters I received (4 in total of each)), be aware that if you get caught out, like I did, you MUST cancel the card within 14 days of the application being approved, otherwise you are liable for the €30 government tax.
FBP.
Letter arrives saying "because of the credit limit we have given you, we are unable to transfer the balance...". WTF? I do'nt want the card if I have not sufficient a credit limit!! No option on the form to say "Do you still require this card if the limit we provide is less than the balance transfer amount?".
My naive assumption that "Approval" meant that I had been approved for the value of a card > or = to the value to be transferred was clearly wrong!
Notwithstanding the time it took to process this application (and the amount of contracts and approval letters I received (4 in total of each)), be aware that if you get caught out, like I did, you MUST cancel the card within 14 days of the application being approved, otherwise you are liable for the €30 government tax.
FBP.