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  • FIRST POST
    • Jo4
    • By Jo4 9th Sep 08, 9:19 PM
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    Jo4
    Is Barclaycard and MBNA owned by the same people?
    • #1
    • 9th Sep 08, 9:19 PM
    Is Barclaycard and MBNA owned by the same people? 9th Sep 08 at 9:19 PM
    Does MBNA and Barclaycard belong to the same company?
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
Page 1
    • exel1966
    • By exel1966 9th Sep 08, 9:26 PM
    • 4,819 Posts
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    exel1966
    • #2
    • 9th Sep 08, 9:26 PM
    • #2
    • 9th Sep 08, 9:26 PM
    No................ !
    • bert&ernie
    • By bert&ernie 9th Sep 08, 9:27 PM
    • 1,220 Posts
    • 1,462 Thanks
    bert&ernie
    • #3
    • 9th Sep 08, 9:27 PM
    • #3
    • 9th Sep 08, 9:27 PM
    No
    MBNA Europe Bank Limited is a subsidiary of Bank of America Corporation
    Barclaycard is a business unit of Barclays Bank plc
    • Jo4
    • By Jo4 9th Sep 08, 9:27 PM
    • 6,505 Posts
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    Jo4
    • #4
    • 9th Sep 08, 9:27 PM
    • #4
    • 9th Sep 08, 9:27 PM
    Does Barclaycard always charge a 2.5% balance transfer fee?
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • exel1966
    • By exel1966 9th Sep 08, 9:29 PM
    • 4,819 Posts
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    exel1966
    • #5
    • 9th Sep 08, 9:29 PM
    • #5
    • 9th Sep 08, 9:29 PM
    Depends on the card you're after. Could be anything between 2.25% and 2.90%
    • Jo4
    • By Jo4 9th Sep 08, 9:36 PM
    • 6,505 Posts
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    Jo4
    • #6
    • 9th Sep 08, 9:36 PM
    • #6
    • 9th Sep 08, 9:36 PM
    Depends on the card you're after. Could be anything between 2.25% and 2.90%
    Originally posted by exel1966
    It is an existing card one of those football ones, I wonder does it have a balance transfer fee? :confused:
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • exel1966
    • By exel1966 9th Sep 08, 9:39 PM
    • 4,819 Posts
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    exel1966
    • #7
    • 9th Sep 08, 9:39 PM
    • #7
    • 9th Sep 08, 9:39 PM
    Yes it will have a fee. If you want a card that doesn't charge a fee read THIS
    • Jo4
    • By Jo4 9th Sep 08, 9:46 PM
    • 6,505 Posts
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    Jo4
    • #8
    • 9th Sep 08, 9:46 PM
    • #8
    • 9th Sep 08, 9:46 PM
    Will the fee gather interest? The apr is supposed to be 6.9% apr but I mean the other fee, will it continue to gather interest?
    Last edited by Jo4; 09-09-2008 at 9:48 PM.
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • exel1966
    • By exel1966 9th Sep 08, 9:49 PM
    • 4,819 Posts
    • 11,861 Thanks
    exel1966
    • #9
    • 9th Sep 08, 9:49 PM
    • #9
    • 9th Sep 08, 9:49 PM
    You need to be more specific. Which card exactly is it you want to transfer to ? Can you not use a card with NO fee ?
    • Jo4
    • By Jo4 9th Sep 08, 9:54 PM
    • 6,505 Posts
    • 4,718 Thanks
    Jo4
    You need to be more specific. Which card exactly is it you want to transfer to ? Can you not use a card with NO fee ?
    Originally posted by exel1966
    Transfer from MBNA Platinum to Barclaycard Premier League but I was wondering if Barclaycard will charge interest on the bt fee?!?
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • Jo4
    • By Jo4 9th Sep 08, 9:56 PM
    • 6,505 Posts
    • 4,718 Thanks
    Jo4
    Should have said these are not my cards, I am just trying to help a friend out!
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • Jo4
    • By Jo4 9th Sep 08, 10:00 PM
    • 6,505 Posts
    • 4,718 Thanks
    Jo4
    I'll be back in approximately half an hour for any responses as I'm leaving friends house and heading home!
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • benroles
    • By benroles 9th Sep 08, 10:09 PM
    • 64 Posts
    • 26 Thanks
    benroles
    Yes... it will incur interest also at the specified rate. So you transfer 1000 with a 3% fee. You end up with 1030 on the card all of which will be incurring interest at the specified rate, in this instance 6.9%. I assume you are looking at the Barclaycard life-of-balance special for exisiting customers?

    B.
    • Jo4
    • By Jo4 10th Sep 08, 2:34 AM
    • 6,505 Posts
    • 4,718 Thanks
    Jo4
    Yes... it will incur interest also at the specified rate. So you transfer 1000 with a 3% fee. You end up with 1030 on the card all of which will be incurring interest at the specified rate, in this instance 6.9%. I assume you are looking at the Barclaycard life-of-balance special for exisiting customers?

    B.
    Originally posted by benroles
    Are you saying that the first months repayment will be x + 30 on each 1,000 and on the second and subsequent months the amount will be x? Therefore my friend will be charged 6.9% on the entire bt and not 6.9 and 2 to 3% as well? :confused:
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
    • Richard019
    • By Richard019 10th Sep 08, 5:05 AM
    • 447 Posts
    • 154 Thanks
    Richard019
    Are you saying that the first months repayment will be x + 30 on each 1,000 and on the second and subsequent months the amount will be x? Therefore my friend will be charged 6.9% on the entire bt and not 6.9 and 2 to 3% as well? :confused:
    Originally posted by Jo4
    They're saying that when they transfer the balance 3% will be instantly added to it as a one off payment. So instead of owing MBNA 1,000 and being charged 24.9% interest (or whatever they're charging your friend) the debt will then be 1,030 and until it is paid off the interest will be 6.9%.
    • Jo4
    • By Jo4 10th Sep 08, 1:07 PM
    • 6,505 Posts
    • 4,718 Thanks
    Jo4
    Thought they might continue to charge 2 interest rates, one at 2 to 3% and the other at 6.9% so thanks for clarifying that for me and my friend!!
    Aiming for 20 NSDs in August 2016 - 9/12
    January 2016 - 22; February - 15; March - 22; April - 18; May - 23; June - 19; July - 8
  • 2sides2everystory
    Is Barclaycard and MBNA owned by the same people?
    Originally posted by Jo4
    It is now
    • richardw
    • By richardw 3rd Oct 11, 6:33 PM
    • 16,914 Posts
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    richardw
    It is now
    Originally posted by 2sides2everystory
    Do you have a link?
  • 2sides2everystory
    Oh yeah silly me ... it's only the MBNA business credit cards so far
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