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Mbna Card

Just been offered 9 months at 0% with 3% fee with Sony/MBNA card. £120 for the first payment and then repayments at £10.00 per month.

Despite of what some posters say about MBNA provided you keep to their terms and conditions and not try to be too clever they are one of the best cards to hold.

Comments

  • clio
    clio Posts: 3,345 Forumite
    And what does try and not be too clever mean exactly??
    And what about when they get clever with customers for no reason, take it you find that ok do you!!
  • NickX
    NickX Posts: 3,046 Forumite
    MABLE wrote: »
    Just been offered 9 months at 0% with 3% fee with Sony/MBNA card.

    Mable are you using this for stoozing ? With the fee your looking at about 4% APR. Can you make much profit on that ?
  • in my own opinion.. being "clever" is the only way to be with mbna!
  • MABLE
    MABLE Posts: 4,239 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    NickX wrote: »
    Mable are you using this for stoozing ? With the fee your looking at about 4% APR. Can you make much profit on that ?


    Unfortunately not on this occasion. I need to pay a bill and rather than touch any of my savings I thought this was the best thing to do. The situation is I have alot of fixed term savings and would be penalised if I withdrew funds from those accounts at this moment in time. However when it is time to pay MBNA back one of my saving accounts will have matured.

    Despite the credit crunch and lending criteria being tightened It has not stop me receiving good promotional rates from most of my credit cards.

    MABLE
  • NickX
    NickX Posts: 3,046 Forumite
    MABLE wrote: »
    Unfortunately not on this occasion. I need to pay a bill and rather than touch any of my savings I thought this was the best thing to do. The situation is I have alot of fixed term savings and would be penalised if I withdrew funds from those accounts at this moment in time. However when it is time to pay MBNA back one of my saving accounts will have matured.

    Ah see you thinking, you will still be making a profit on your fixed interest savings accounts so you are still stoozing in a roundabout way.

    I know some people have had problems with them, but MBNA have proved one of the best cards for providing existing customer deals.
  • clio
    clio Posts: 3,345 Forumite
    MBNA stands for Megga Bad Numpty Ar*eh*les
This discussion has been closed.
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