MBNA minimum payment clarification?

aliasojo

I'm a little confused. I've read numerous posts here stating that MBNA have a flat £25 minimum monthly payment whilst in a 0% BT promo period but I can't find anything on the MBNA site other than 'the greater of £25 or 1%'....which would be more than £25 since it's around £10k we're talking about.

We've had this account for years and it's a Platinum Plus if that makes any difference. It used to be a fiver minimum payment if I remember rightly. Those were the days, lol.

Anyone clarify?

Dabooka

Unless I missing the point, the 1% is more than the £25 so that's what you'd be paying anyway.

Am I missing the point?!

aliasojo

Lol...yes that is the point. I think I'd be paying a minimum payment of 1% which on £10k is £100.

But I've read posts saying the minimum payment in the promo period would only be £25.

ToMoCo

I'm in a 0% promo period and only paying £25 per month on a £6k+ balance.