Credit Card - Transferring Money to a current account...
Discussion
So I've had an email from Barclaycard offering 0% on "Transfer money to your current account". There's only a one off rate of 1.9%, and then I don't have to pay it back until October 2014.
I never use this card, and have a £10k credit limit. I've never done this before, so just want to double check I'm getting this right as it just seems like free money to me??
I can transfer £10k to my current account, and get charged £190 to do so.
I can then invest that £10k (safety of course), and then I don't have to pay it back until October 2014, and there's no other chargers?
Seems to good to be true. Or am I missing something obvious?
I never use this card, and have a £10k credit limit. I've never done this before, so just want to double check I'm getting this right as it just seems like free money to me??
I can transfer £10k to my current account, and get charged £190 to do so.
I can then invest that £10k (safety of course), and then I don't have to pay it back until October 2014, and there's no other chargers?
Seems to good to be true. Or am I missing something obvious?
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