MBNA balance transfer

Have already posted this on another ongoing thread, thought I may do better starting my own!

Can you do a balance transfer from an overdraft on MBNA then (I assume this is the cash deposit?) and does this qualify for a low rate then? I have a 4.9% for 9 months deal running out next month and was hoping to transfer onto an egg card which has a slightly lower limit and use the cash deposit method to pay off the egg card so I can maximise the amount I can transfer on the special rate. Does anyone know what sort of transfer rates they're offering at the moment? And would the bank deposit be an eligible method? Thanks!:beer:

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Comments

  • katebl
    katebl Posts: 637 Forumite
    Hi

    Can anyone help with this please?!

    Thanks
  • I don't understand what you are asking, but today I phoned up mbna and got them to pay £2500 into my bank at 0%, but it runs on on 11th March. Then I intend to use that to pay my RBS card, off, and then transfer the balance back from the mbna card to the RBS at 0% which has a deal until September at 0%.... ?
  • katebl
    katebl Posts: 637 Forumite
    Thanks jaffamuffin,

    Sorry if my post wasn't very clear but you've at leats confirmed that it can be done, which helps a lot! Does anyone know if these balance transfers to a bank account are available on all MBNA cards or just certain ranges? Mines an A&L card.
  • cifpower
    cifpower Posts: 6,502 Forumite
    All MBNA cards
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