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Thread: Credit card transfer

  1. #1
    Join Date
    Jun 2010
    Location
    Scotland
    Posts
    17

    Default Credit card transfer

    I have credit card debt that I am unlikely to pay off before I move to NZ.



    Is it possible to transfer my UK debt to a NZ credit card or


    should I leave my debt in the UK and


    send money every month to pay it off?

  2. #2
    Join Date
    Jun 2007
    Location
    Atawhai - Nelson
    Posts
    69

    Default

    Me again


    Tricky one this...there have been a few threads on the matter and of leaving (or not!) debt in general to service when resident here and no doubt you'll get responders from all sides....


    Speaking personally, I'd make every effort to pay off as much if not all of the UK debt before you leave...


    one less worry on the wallet and heart...,


    failing that, keep open a uk bank account, pay what you need (plus service/transaction fees) into that each month by direct international transfer from your NZ bank account..

    (threads on that here too!) and use that to service your UK credit card ASAP...

    I doubt if any NZ bank will let you do what you're proposing.. that but then again...see... round and round you can go...


    cheers



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