Two cards from the same group (MBNA)?

greyhoundcrazy

I have been invited to apply for a 0% balance transfer card from the MBNA group (A&L). My partner already has a card from a different part on the MBNA group. Therefore I am wondering if I am likely to be accepted or not? I don't want a wasted search on my credit file.

What do you think?

Thanks

NickX

The fact that your partner already has an MBNA card shouldn't have a bearing on you getting an Alliance & Leicester card. You will have your own individual credit histories which will be assessed along with the application.

greyhoundcrazy

Just seen on Martin's Super Balance Transfer article it says...

Do you already have a Virgin, MBNA or Alliance & Leicester credit card?

If you do, sadly you'll already need to have an Egg Money credit card (it's not accepting new customers at the moment though). lf you do, then jump to the Mule card section, which is much more complex. That's because all the cards that allow simple Super Balance Transfers are part of the MBNA group, and if you already have one you won't get a second.
If you don't have an MBNA card already, then simply read on...

NickX

Well you said that it was your partner that already had an MBNA card, that is different to you having one yourself.

Also, I don't like to contradict Martin, but I currently hold 3 MBNA cards all with healthy Credit Limits.

greyhoundcrazy

Ok cheers.

WaltD

NickX wrote: »

Also, I don't like to contradict Martin, but I currently hold 3 MBNA cards all with healthy Credit Limits.

I have four! Two American Express, one Visa and one Mastercard. I used to have an Alliance & Leicester one as well, making five, but I cancelled that last year.


WaltD

dave461_2

Ive had an A+L card for 10 years, sucessfully applied for the MBNA Platinum card 2months ago, i applied online and had an answer and credit limit straight away.

dave461_2

My original A+L card has a direct debit to pay it off in full every month, maybe because this one is paid off, is why im allowed another MBNA card?

Loyalty

Having dealt with people with 4+ MBNA based cards , it would be fair to say the above quite is abit off target. what may stop you getting a second card is that you would be overreaching yourself finacially

~Chameleon~

greyhoundcrazy wrote: »

Just seen on Martin's Super Balance Transfer article it says...

Do you already have a Virgin, MBNA or Alliance & Leicester credit card?

If you do, sadly you'll already need to have an Egg Money credit card (it's not accepting new customers at the moment though). lf you do, then jump to the Mule card section, which is much more complex. That's because all the cards that allow simple Super Balance Transfers are part of the MBNA group, and if you already have one you won't get a second.
If you don't have an MBNA card already, then simply read on...

First of all, this article is discussing Super Balance Transfers which has absolutely nothing to do with owning more than one MBNA card.

And secondly, I think Martin has made a slight error in his wording in that it should read DON'T where I have highlighted the "DO" in red above as basically if you don't already own an MBNA group card then you would need to have the Egg Money card to enable a SBT.

YorkshireBoy

~Chameleon~ wrote: »

And secondly, I think Martin has made a slight error in his wording in that it should read DON'T where I have highlighted the "DO" in red above as basically if you don't already own an MBNA group card then you would need to have the Egg Money card to enable a SBT.

Martin's "wording" is correct Chameleon.

However, I would make two suggestions to enhance that article...

1. The last sentence should read..."if you already have one you [strike]won't[/strike] might not get a second, especially if you have a large credit limit and/or balance on the first one."

2. He doesn't mention the Egg Card (Visa), which is identical in SBT functionality to MBNA and doesn't require two applications, ie Egg Money plus a 0% BT card.