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Cashmachine advances @ only 6.9%?

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MylesBetter Posts: 410 Forumite

24 January 2005 at 4:08PM in Credit cards

Purchased The Times on Saturday and it had an insert for the new MBNA Platinum Plus Credit Card. It is offering a rate for "Cash Transactions" of 6.9% + 2% handling charge being 9.1% per annum in total. All transactions of whatever type are for 6.9%APR.

To apply phone FREEPHONE 0800 096 7696 quote reference 31BJXFW2.

I know Martin always advices against borrowing on credit cards but on the surface this looks as though it could be cheaper than an unauthorised overdraft.

Any one found anything in the small print?

This discussion has been closed.

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Cashmachine advances @ only 6.9%?

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