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mbna advice needed

me and my husband have both applied for a o% card they gave us a instant decision of 1800 each, can we get this put in our bank account and how much of it will they put in our bank account as its too pay off a virgin card. also how much is the monthly minimum payment? thankyou

Comments

  • Moggles_2
    Moggles_2 Posts: 6,097 Forumite
    Fortunately, MBNA is one of the few lenders which allows you to transfer an overdraft to them, (in other words, transfer cash from its credit cards to your current account). You're charged at the same rate as for balance transfers between credit cards.

    On receipt of your new cards, you can request the transfer of funds to your bank accounts. I would do this when you call to activate your cards. (There's a dedicated, Freefone
    number) ;)

    MBNA allows you to borrow up to 95% of your credit limit. The money arrives in your bank account in about 6 days.

    For minimum monthly repayments, please check your Ts & Cs.
    People who don't know their rights, don't actually have those rights.
  • langold
    langold Posts: 197 Forumite
    thankyou very much
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