Please can somebody explain in simple terms the difference between money transfer and balance transfer?
I have an unexpected bill and need around £2000 which I just don't have.
I have been looking at credit cards and think I need a money transfer.
I found a deal that is interest free for 18months and the transfer fee is 4%
Does this mean for example if I transfer £2000 I pay a fee of £80 (4%) and then o repay the £2000 interest free as long as I pay it all within the 18months???