How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask danj66 Your Own Question

danj66
danj66, Internet Researcher
Category: Relationship
Satisfied Customers: 7
Experience:  I use research often in my job as a therapist. I also used it very often while at university.
76048485
Type Your Question Here...
danj66 is online now

Dont know what category to use, I have just received a Halifax

Customer Question

Don't know what category to use, I have just received a Halifax credit card with no interest on balance transfers for 29 months,i have a next store account which is a high interest rate
would I be able to transfer that balance, remember it is a store account not a store card , don't know if there is a difference, failing that would I still be better paying of the balance with my credit card as the interest rate is a lot lower,hope you understand all that
Submitted: 2 years ago.
Category: General
Expert:  danj66 replied 2 years ago.

danj66 :

Hi there,

danj66 :

I have used several of these no interest balance transfer cards over the years, they are very effective when paying off big debt amounts, because sometimes it gets to the point that you're paying that much interest that your monthly payments barely even touch your actual debt. These cards solve that problem in an instant. What's more once your 29months runs out, if you still have debt on the card, you can just transfer it again to a different card, effectively keeping your debt interest free.

danj66 :

Now I've not actually used the Halifax one, however I'm assuming that they're all pretty similar, indeed the several ones that I have used over the years all had the same process.

danj66 :

Now not all cards accept money transferred over from store account cards as balance transfers, so you may get charged for it. However, there are ways around this.

danj66 :

Sorry I've just re-read the message and noticed you said store account not a store card. Credit cards don't accept store accounts at balance transfers because they class it as a payment rather than a transfer. So yes you would get charged for this, but as I said before there are ways around this.

danj66 :

So first of all, apply for ANOTHER credit card, if you've just received a Halifax 29months interest free then you shouldn't have no trouble getting another card. The APR doesn't even need to be good so get any that you can, preferably one that can take the full amount from your store account.

danj66 :

Next pay off your full store account onto this credit card, this may take a couple of hours, I normally leave a day though. Once the payment has gone through, IMMEDIATELY transfer the whole amount onto your interest free Halifax card, leave this one a day too just to be sure, then your store account will be sitting nice and interest free on your Halifax card, saving you lots of money.

danj66, Internet Researcher
Category: General
Satisfied Customers: 7
Experience: I use research often in my job as a therapist. I also used it very often while at university.
danj66 and 15 other General Specialists are ready to help you

What Customers are Saying:

 
 
 
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C.
< Previous | Next >
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C.
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP
  • I Couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C.
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex
 
 
 

Meet The Experts:

 
 
 
  • TherapistMaryAnn

    TherapistMaryAnn

    Counselor

    Satisfied Customers:

    715
    Over 20 years experience specializing in anxiety, depression, drug and alcohol, and relationship issues
< Previous | Next >
  • http://ww2.justanswer.com/uploads/formybunch/2010-12-06_191055_img_0975.jpg TherapistMaryAnn's Avatar

    TherapistMaryAnn

    Counselor

    Satisfied Customers:

    715
    Over 20 years experience specializing in anxiety, depression, drug and alcohol, and relationship issues
  • http://ww2.justanswer.com/uploads/SU/suzmsw/2011-9-2_184634_Thisone.64x64.JPG Suzanne's Avatar

    Suzanne

    Therapist, LCSW

    Satisfied Customers:

    338
    Experienced in treating trauma, relationship issues, co-dependency
  • http://ww2.justanswer.com/uploads/HU/hungryjack20/IMG_1281_edit_2.64x64.jpg Dr. L's Avatar

    Dr. L

    Psychologist

    Satisfied Customers:

    270
    Licensed as a Psychologist and Marriage & Family Therapist.
  • http://ww2.justanswer.com/uploads/NP/nphbrown/2012-7-30_24048_ImYrManSerious1.64x64.jpg Dr. Norman Brown's Avatar

    Dr. Norman Brown

    Marriage Therapist

    Satisfied Customers:

    209
    Family Therapist & teacher 35+ yrs; PhD research in couples
  • http://ww2.justanswer.com/uploads/Dietcokeani/2009-08-16_115515_Annette_face_square.jpg Anna's Avatar

    Anna

    Social Worker

    Satisfied Customers:

    203
    29 years experience in addictions & mental health. I'll tell you my honest opinion.
  • http://ww2.justanswer.com/uploads/DR/drshs/2011-5-8_214848_CIMG1275.64x64.jpg Dr. Shirley Schaye's Avatar

    Dr. Shirley Schaye

    Doctor

    Satisfied Customers:

    166
    PhD-Psych; Certif. Psychoanalyst NPAP& NYFS; Memb.APsaA;IPA; Pub.Author; Teach/Supervise Therapy
  • http://ww2.justanswer.com/uploads/RU/Russ0114/2011-12-25_215431_IMG0623.64x64.JPG MrsRuss0114's Avatar

    MrsRuss0114

    LCSW

    Satisfied Customers:

    154
    B.A.Psychology, MSW, LCSW, HS-BCP; 8+ yrs experience.