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Is Barclaycard and MBNA owned by the same people?
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I'll be back in approximately half an hour for any responses as I'm leaving friends house and heading home!0
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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.0 -
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.
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?
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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?
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%.0 -
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!!0
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2sides2everystory wrote: »It is now
Do you have a link?Posts are not advice and must not be relied upon.0 -
Oh yeah silly me ... it's only the MBNA business credit cards so far
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