mbna money transfer
pookiefk1
Posts: 14
Forumite
I have a virgin cc with 0% and a balance of about £4000 0% till next year
Barclaycard 0% about £1500
First Direct 0% till next year
Mbna card with 3 different balances and time scales but they were all 0%
MBNA Card - 2 of these 0% offers have come to an end and I have no other cards to transfer it on to for more 0%
MBNA are offering me a money transfer to my bank account for 0% till may/june next year so what I was wondering was I have enough available balance to transfer the amount to my account and then pay of the card so it is 0% again?
hopefully that makes sense and you guys can help me.
Barclaycard 0% about £1500
First Direct 0% till next year
Mbna card with 3 different balances and time scales but they were all 0%
MBNA Card - 2 of these 0% offers have come to an end and I have no other cards to transfer it on to for more 0%
MBNA are offering me a money transfer to my bank account for 0% till may/june next year so what I was wondering was I have enough available balance to transfer the amount to my account and then pay of the card so it is 0% again?
hopefully that makes sense and you guys can help me.
0
Comments
-
I think that would work. But don't forget you will incur a money transfer fee?0
-
yeah I knew I would have that but thought it may be better in the long run xx0
-
Another option, if viable, why not take out another balance transfer card?
I'm guessing the transfer fee with MBNA will be around 3% ish?, so may be cheaper if you get a new 24 month 0% for a low, or no fee BT card.0
This discussion has been closed.
Categories
- All Categories
- 342.5K Banking & Borrowing
- 249.9K Reduce Debt & Boost Income
- 449.4K Spending & Discounts
- 234.6K Work, Benefits & Business
- 607.1K Mortgages, Homes & Bills
- 172.8K Life & Family
- 247.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.8K Discuss & Feedback
- 15.1K Coronavirus Support Boards