From: "John" 
Newsgroups: uk.finance
Subject: Re: Balance transfer from cc to bank account - any limit?
Date: Fri, 17 Oct 2003 22:16:44 +0100

> Looking at doing the credit card --> current account --> high interest a/c
> or premium bonds thingie.
>
> I know from reading past posts on the matter that the procedure is to do
the
> balance transfer to an overdraft.
>
> My question is - Is there any limit (aside from that of your credit limit
of
> course) that you can balance transfer in this ? Has anyone done a balance
> transfer in this way for say £10,0000 "overdraft" ?  :) Would such an
amount
> set alarm bells ringing?
>

I did a balance transfer of £13K from my MBNA account to my ING Direct
account, for nine months at 0% APR!  Sweet!