MBNA hassles

Milarky

I thought it was normal (or should be) that if minumum payment has been made by the time credit card co thinks about DD, it won't take more. (Standing order for a set amount woud be different.)

I recently found this happening with my Marbles card - I had set up for whole balance DD, but I balance transferred the same amount from another card on this one occasion, reaching the account 6 days before the DD date. I knew from previous experience that Marbles can take account of any partial/complete payments by adjusting the collection amount from that stated. However it didn't work on this occasion! It turned, on enquiring, that any payments received within 4 working days of the due date cannot affect the collection request. [So my payment was just 1 day 'late', in effect] It's obvious, really, there has to be some cut off time, because direct debits must be submitted in advance to the paying bank in order that they can appear to 'leave' your current account on the same date as they are credited to your card.

Anyway, the moral is [as with DD madates etc] that you have ask each card issuer just how their debiting arrangements work.  ::)

chrisaaaaa

I just got caught out by a new trick, it was an A&L card, 'managed' by these $$$$$.

I used to use the card for cashback, I stopped using it while halifax was better. Now hfx is junk too I made the mistake of using the A&L card again.

This card had a DD set up, but since I had not used the card for a while, they cancelled the DD.

Result late charge, interest, closed account.

Be warned, expect the unexpected...

paulsingleton

I used to have everything setup via direct debit,
But i say better to let them wait, for you to pay.

OK, you need to keep on your toes to keep up your payments, but it is better then being slapped with a wet fish when a direct debit bounces or is cancelled.