Balance transfer from cc to bank account - any limit?

Oct 17, 2003 3 Replies

Hi all,



Looking at doing the credit card --> current account --> high interest a/c or premium bonds thingie.



I know from reading past posts on the matter that the procedure is to do the balance transfer to an overdraft.



My question is - Is there any limit (aside from that of your credit limit of course) that you can balance transfer in this ? Has anyone done a balance transfer in this way for say 10,0000 "overdraft" ? :) Would such an amount set alarm bells ringing?



Regds,


I did a balance transfer of 13K from my MBNA account to my ING Direct account, for nine months at 0% APR! Sweet!

Big thank you. You've just made my weekend.

Off to attend to some financial matters ..hee hee :)

I transferred £15,000 from an Egg card without a problem.

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