Temporary credit card for a loan?

[clubcrown]

So I need to buy a car in the next few weeks. My SSIA is due in end November.

What I want to do is get a credit card with the 0% interest for 6 months, throw everything on that, and pay it off in full when the SSIA comes in, then close the account.

Any problems with this? Are there miminum terms, or penalties if I do it this way?

 

[Guest107]

0% ccs are for switchers from other cc s .

look instead at the cheapish AIB as low as c.7% personal loans maybe because there is no penalty for clearing the loan in full in November ????

also make sure you max that SSIA over the next few months.

 

[clubcrown]

0% ccs are for switchers from other cc s .

look instead at the cheapish AIB as low as c.7% personal loans maybe because there is no penalty for clearing the loan in full in November ????

also make sure you max that SSIA over the next few months.

Sothe 0% is only if I switch - I actually want to keep my current credit card for various reasons. Whats the cheapest second card to get? I know its only a couple of months of interest, but the less the better. Alternatively I guess I'm looking at the cheapest personal loan.

I already have a seperate personal loan with AIB, so I don't want to go down that road particularly.

Unless someone wants to lend me 5K interest free until November

 

[moneyhoney]

While you say you don't want to get a personal loan, you may find that it's alot cheaper to get a €5k personal loan & pay back early, rather than put €5k on a credit card. Also, if you already have a cc, you may not get a second one with a €5k limit & you'll also have to pay €40 govt stamp duty on it.