Martin lewis: how credit cards can be used to clear overdrafts
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
Martin has also become adept at handling questions on the fly and he continued to be on fine form last night. A viewer named Matthew Collison asked Martin the following question: “Can you
put an overdraft onto a zero percent credit card and pay off over the longer term to stop the 40 percent coming into force?” This is a very pertinent question given that many banks plan to
raise their overdraft charges in the coming weeks and months. Fortunately, Martin provided some good news in his response: “Yes, you have to use a special credit card called a money transfer
credit card, a zero percent money transfer which pays the money into your bank account which will then clear your overdraft so you will owe the credit card the money.” READ MORE: MARTIN
LEWIS GIVES INSIGHT ON ‘HUGE INTERVENTION’ FROM GOVERNMENT