smallest introductary minimum payments??

mary

Someone's probably already said this, but when you're using your egg card at 0%, you can just SBT back to full limit once you've paid your monthly payment, effectively reducing the minimum payment from 2% to 0%.

Am I missing something? I thought the minimum you were allowed to SBT was £100, so, as in my case the initial £80 minimum payment, could not be "bounced" back again, I have to wait until the second minimum payment exceeds the £100 mark, before I can transfer back, correct?

Milarky

Mary,

Well spotted! But you can always make an additional payment to the minumum one taken by Egg (eg £20 more) to allow you to transfer back at least the minimum £100. You can do this by debit card, I think.

johnllew

OK, besides Virgin then, and their own 'MBNA' branded cards. what are the other major differently branded cards that MBNA are behind?

Major ones: Abbey and Alliance & Leicester. But they do quite a few affinity cards too. There's a whole bunch here: http://www.mbna.com/europe/creditcards/index.html

Martinslovechild

Weird thing, when i bought the bike, they put put it through on the POS & it authorised immediately, it didn't even initiate a 'hot' call through to the merchant. I could believe it. 6k authorised without so much as a bye or leave.

I remember thinking the same thing when we bought my wife's car. We put through a transaction of £16500 onto the card and it came straight through as AUTHORISED - no phone calls, nothing!!

Apparently, the rules vary from bank to bank, so i'm sure that there are a number of people reading this who are thinking 'that's not the experience that I had!!'

Daytona_nev

I think the floor limit is an important factor. Every merchant has a floor limit, if a customer spends over this then i think further checks are made during authorisation.

As mine was a motorcycle dealer, & yours a car dealer, i can imagine the floor limits are quite high. Plus the fact you need your driving licence as id to buy a vehicle. I think the transactions are likely to be classed as more secure than most.