Yeah that is the only down side, dependant on what you earn and your credit history. I know people who have 15 grand limits which is enough to get you a nice A1. You just have to be a credit card tart if you can't afford to clear the balance within the 16 months and keep switching to 0% deals. There is also a card from MBNA which offers a fixed rate of 5.9%APR with a low 1.5% fee of the intial amount and the 5.9% remains for the life of the balance for those looking to finance longer term without the fuss of switching.mrfaize said:If you can get enough credit limit
Yeah mine charges the same but the cards I have mentioned have a special promotion running which allows you to take out the card and transfer the money from your cards credit limit as cash into your bank account, for this there is a one off 4% charge and then you have the cash transferred into your account and that amount will be the balance on your card, the balance will then remain at 0% APR for 16 months at which time you should of either cleared the balance or have transferred onto a new 0% balance transfer offer. You must make at least the minimum payments each month on time otherwise you will lose the special promotional rate.mrfaize said:...and my dealer would only accept £2500 on credit card, anything over that incurred 2.5% fee charged by the dealer. So check with your's before doing anything!