Now mint charges BT fee ... Stoozing over?

imsi

Should I cancel my mint card now, or are there benefits in hanging on to it?

newsmonkey

Reading the summary box for the 0% Mint card, I don't see any mention of a charge for credit card cheques.

And they seem to be 0% interest free until 1st September.

Could you not write a cheque to yourself and bank it?

Reaper

That's an interesting point (summary box here). They might consider that a cash advance, but I wouldn't have thought so. Might be worth checking.

dthyer

Cheques are subject to the same 2% charge (minimum £5, maximum £40) as BTs.

See point 3 of the fulls Ts&Cs here https://www.apply4mint.co.uk/applyonline/secure/TermsAndConditions1.htm

Specifically:

† For each ‘Transfer and Save’ and cheque transaction debited on or before 31st March 2005 we will charge you 2% of the transferred amount [Minimum charge is £5, maximum £40].

DT

Reaper

Ah shame, although not surprising. Naughty of them not to have made it clear in the summary box though.

mary

I've read before on the site, that the Summary Box is only an indicator - you should always check out the Ts and Cs as well, just in case they are different

Smitty

There are also plenty of ordinary 0% credit cards around, it's just the ones which let you transfer into your bank account which are in short supply.

Do you know if you get chance to move your credit limit from your other MBNA cards to your new one and still get the free balance transfer at application?

dave_dph

† For each ‘Transfer and Save’ and cheque transaction debited on or before 31st March 2005 we will charge you 2% of the transferred amount [Minimum charge is £5, maximum £40].

DT

But not during the introductory period?


For legal reasons, the APR for purchases (including ‘Transfer and Save’ and cheques) relates to our standard rate and takes no account of the introductory rate. For Agreements made on or before 31st March 2005, the APR for ‘Transfer and Save’ and cheque transactions takes account of fee charged.

dave_dph

For legal reasons, the APR for purchases (including ‘Transfer and Save’ and cheques) relates to our standard rate and takes no account of the introductory rate. For Agreements made on or before 31st March 2005, the APR for ‘Transfer and Save’ and cheque transactions takes account of fee charged.

Ah I see now, that relates to the APR, not the fee. Teach me to read properly. I'm now wondering whether I will get stung with a £5 charge for using a cheque 2 days ago to transfer £132 to my current account!

smartsaver

I read somewhere (most likely Sunday Times Money) that MINT is to stop charging BT fees from 1st March 2005 but reduce 0% period to 6 months. Anyone else read this? :-/