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Overdraft and credit card interest vs balance transfer
Hello everyone, I was hoping some more experienced savers could have a look at what I am intending to do, and tell me if they think I have missed anything: I currently have an overdraft with HSBC (charged at 18.8%) per year, and am overdrawn between £1400 and £2800 per month. I also have an HSBC credit card (charged at…
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Halifax Repayment Cover - Recoverable?
I was sold a Halifax card when we got our current house. I was not asked about repayment cover, but if I was I would have rejected it. Anyway I have just totalled up all the payments and they come to around 2700 - do I have any rights to claim it back? Thankyou
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MBNA getting twitchy
Not that it bothers me at all but after the old saga with MBNA many people have every few months of the yoyo interest rates they are at it again. I paid about 1800 off mine to start reducing it and within days they are on the phone "reviewing my account" and have reduced my available limit down to what I now have left on…
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Morgan Stanley CASHBACK card now Goldfish
I have a Morgan Stanley cashback card. They are now operated by Goldfish bank. When they were MS, on the annerversary date they would automaticly forward the cashback by cheque. So if I earned £30.91 cashback they would send me a cheque for that amount. I thought that this would be unchanged when MS changed to GF. However…
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could I transfer this cc balance?
I have a hsbc C card £3000 .. would like to BT to a new 0% card, Barcleys maybe.. how ever I have a very low income..I am 47, Married, self Employed (£30 a week,) plus working tax credits....no arrears, (yet ) lived in own home for 14 years, would I be accepted ? for barcleys or anywhere? :o
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Credit Card Charges for "Cash Advances"
Used credit card online instead of debit card to play on gambling site and was charged between £2.50 and £25.00 per "advance". Is this lawful?? I though online purchases were not chargeable in this way??
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Which cards shall I cancel?
Which cards should I cancel, if any? Obviously, the ones which aren't yet clear, I can't do much with until they are clear (that will be pretty soon, though). CapitalOne - CLEAR - £200 limit - 35.6% Barclaycard - £217.95 owing - £250 limit - 24.9% Vanquis - CLEAR - £1,000 limit - 44.9% Aqua - £789.93 owing - £1,150 limit -…
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Employment Information
Hi there, I am new to all this malarky & sitting down to get finances in order (like us all). In October I was offered Voluntary termination from my employer in an attempt to cut resources. At the time due to family illness this suited me & I received my pay off. When applying for balance transfers with new cards etc…
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Interest on Interest Free Balance
Hi All, I have recently made two 0% transfers, one to MBNA bmi and another to Lloydstsb. I have just received the second statements from both since the transfers and I noticed that there are interest charges levied on the accounts. The interest are very small 11p on the mbna (transfer of £5K) and 41p on the lloydstsb…
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HSBC Current Account Transfer to Credit Card
I use HSBC's online banking to manage my current account and credit card. I'm in the happy habit, currently anyway, of transferring the credit card balance in full from my current account each month before the "deadline date". My last transfer was effected on friday. As usual the money went straight out of my current…
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List of all MBNA ccards?
I have noticed that some ccards don't allows BTs to MBNA cards. How can i find out if my present card is an MBNA one? Is there a list somewhere?
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Done something silly...can I get out of the contract?
Hi, I've been a bit silly and applied and got accepted for a credit card which I have since realised has a £60 annual fee. The card in question is a BMI PLUS Amex card (I fancied getting the free flight deal and noticed that the PLUS BMI card gave away more bonus miles than the regular one which was featured on the Money…
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First CC, Advice Needed
Hi, I would like to get my first credit card with a limit of around £500, and was wondering if anyone could point me in the right direction. I am only 20, and as I say I have never had a credit card - so I'm assuming that I have no credit history which might prove an issue. I took out a loan through my bank in August for…
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Halifax statement doesn't add up
Got my Halifax CC statement yesterday. I don't use the card and am just paying off £60 every month by standing order. Page One info was correct - Payments received - £60 No transactions Interest on purchases at 14.9% = £3.47 However on Page Two for the same period it listed: New payments = £243.59 Transactions and interest…
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Negotiation
Hello I have some credit card debt, (was in a spiral - into a plug hole) I have worked out best way of paying them, but I would like to lower the amount I pay back. One has already threatened to move to recovery, after one late payment. Is negotiating the debt down practical, possible or advisable? I have found around £150…
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Transferred my CC to 0%
Transferred my balances to Mint and Virgin.. then will stooze again in Feb 08 ! . Mint only gave me £1k which wasn`t enough, and virgin gave me £4k, which was more than enough.. so I`ve transferred my balances and put the cards in a sealed box so I don`t make the faitful error of spending on them !! also cut up my old…
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Can someone please advise me - I'm fairly stuck!
Last week i applied for the Barclaycard Platinum so that i could BT my ~£4k debt on my BoS credit card as the interest free period had expired. As it turns out i was declined and when i phoned them to see the reason (not to argue, I fully accept their decision, i just wanted to know for future applications) they couldn't…
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when to apply for card on closed account
does anyone know how long to wait before applying for a new card after you have closed a previous account. i'm thinking of hsbc which my last deal i closed in feb 07. thanks
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Credit Card Junk Mail
Does anyone know how to stop credit card junk mail from being sent to my old address? I moved out a year ago and my friend who still lives there passes on my mail. Once or twice a week a get letters for pre-approved credit cards, (i.e. Vanquis) and letters from Littlewoods advising that all i need to do is return a letter…
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What's the difference % pa & %APR
I did a life of balance transfer last year, and although the purchase rate is 15.9% variable APR, I am paying 4.9% p.a. for life of balance. I don't understand the difference between the p.a. and APR, so can't tell if I have a good rate. I DO NOT USE THE CARD FOR PURCHASES EVER!
