Two Months On From This…
Find me on Facebook
Follow me on Twitter
Hi guys,
I’m Not Happy and I’m Ashamed
So it’s a little bit more than 2 months (exactly 2 months ago I was a bit under the weather!)
I’m still making progress, the credit card shuffle continues and I’ve now saved £2,819 a year (and onwards - some of the 0% balance transfers are 18 months!)
My parking space is proving to be a hot commodity and I’ve made £110 so far!
I went back (third time lucky) to BT and haggled and got an even better deal - but I still need to make sure they’re sticking to their word - their contract confirmation handily omits pricing, sigh!
But this credit card shuffle (and overdraft, of course) is befuddling. I paid off a bit of one credit card then waited for a balance transfer offer... nothing, then just checking on my statement online I noticed a 6.9% life of balance offer - hoorah and snapped it up. Paid off some more, went back, nothing...
Credit card offers seem to be very erratic, for example I have two cards from the same company (they weren’t the same company when I got them), and I’ve been paying off one steadily with the higher rate of interest. Then I got a call about a problem with a transaction. Called them back from my sick bed. Apparently they’d added a cash transfer fee to a charity payment and needed to refund me. (This is on the second card - with the lower rate of interest.) (Note to anyone - you can refund me, pay me, send me cash anytime without calling to check I want the money. Yes please!) Then they said, “Oh we have a one time only offer on your card (the first card, the one with the higher rate of interest) if you’d like to do a 0% balance transfer with a 5% fee today. Just for today! Now, now, now, now! Normally I’d be champing at the bit, but the only card I could transfer to is one with a 6.9% life of balance offer, so it’s not the best deal, plus I was struggling to get my head off the pillow, so I politely declined. “I have to go back to sleep now”. “Okay, well if you change your mind just call us back today...”
Then a few days later I got a letter from the second credit card (the one from the same company with a lower rate of interest) saying that in three months they are putting up my interest rate (to make it more in line with what their new customers are paying). If I want to keep my interest rate the same I have to write to them and then they’ll freeze the card and I can’t use it anymore.
Is it any wonder that we get confused with our credit cards? I also just wrote to another credit card company who seem to be paying off my lower rate balance transfer offer balances before the higher interest amounts. You got to keep these guys honest.
Anyway I’ve decided that the best way to deal with it all is just to play one move at a time as there is no way to know what these companies will offer (or rescind) next. Who knows maybe after a couple of days of feeling better I’ll come up with a Grand Slam move that will sort out both of those credit cards... I may have a cunning plan...
Much love, Pearl x
Follow me on Twitter
Hi guys,
I’m Not Happy and I’m Ashamed
So it’s a little bit more than 2 months (exactly 2 months ago I was a bit under the weather!)
I’m still making progress, the credit card shuffle continues and I’ve now saved £2,819 a year (and onwards - some of the 0% balance transfers are 18 months!)
My parking space is proving to be a hot commodity and I’ve made £110 so far!
I went back (third time lucky) to BT and haggled and got an even better deal - but I still need to make sure they’re sticking to their word - their contract confirmation handily omits pricing, sigh!
But this credit card shuffle (and overdraft, of course) is befuddling. I paid off a bit of one credit card then waited for a balance transfer offer... nothing, then just checking on my statement online I noticed a 6.9% life of balance offer - hoorah and snapped it up. Paid off some more, went back, nothing...
Credit card offers seem to be very erratic, for example I have two cards from the same company (they weren’t the same company when I got them), and I’ve been paying off one steadily with the higher rate of interest. Then I got a call about a problem with a transaction. Called them back from my sick bed. Apparently they’d added a cash transfer fee to a charity payment and needed to refund me. (This is on the second card - with the lower rate of interest.) (Note to anyone - you can refund me, pay me, send me cash anytime without calling to check I want the money. Yes please!) Then they said, “Oh we have a one time only offer on your card (the first card, the one with the higher rate of interest) if you’d like to do a 0% balance transfer with a 5% fee today. Just for today! Now, now, now, now! Normally I’d be champing at the bit, but the only card I could transfer to is one with a 6.9% life of balance offer, so it’s not the best deal, plus I was struggling to get my head off the pillow, so I politely declined. “I have to go back to sleep now”. “Okay, well if you change your mind just call us back today...”
Then a few days later I got a letter from the second credit card (the one from the same company with a lower rate of interest) saying that in three months they are putting up my interest rate (to make it more in line with what their new customers are paying). If I want to keep my interest rate the same I have to write to them and then they’ll freeze the card and I can’t use it anymore.
Is it any wonder that we get confused with our credit cards? I also just wrote to another credit card company who seem to be paying off my lower rate balance transfer offer balances before the higher interest amounts. You got to keep these guys honest.
Anyway I’ve decided that the best way to deal with it all is just to play one move at a time as there is no way to know what these companies will offer (or rescind) next. Who knows maybe after a couple of days of feeling better I’ll come up with a Grand Slam move that will sort out both of those credit cards... I may have a cunning plan...
Much love, Pearl x
No comments have been added yet.
