MBNA cheques

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I often get cheques from MBNA and have thought about taking the max and stuffing in a high interest a/c.However,my understanding is that cashing one of these cheques incurs interest from day 1 cos it's like cash.
However another poster on here has said that he only got charged a one off fee and no interest.Which is correct?
However another poster on here has said that he only got charged a one off fee and no interest.Which is correct?


I want money..........that's what I want !!:j
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If you have an interest free period, usually at the start of a CC agreement, you can get the cash but will probably pay 2 to 3% (similar to a balance transfer fee).
If you don't have an interest free period, you pay the initial fee AND interest from day one.
I just phone up and ask them not to send me cheques.
GG
.withdrawal, NOT withdrawel ..bear with me, NOT bare with me
.definitely, NOT definately ......separate, NOT seperate
should have, NOT should of .....guaranteed, NOT guarenteed
however, I'm going to check.
If you have more than one MBNA card, you'll probably receive different offers concurrently. As always, it's important to read the accompanying Ts & Cs.
These cheques can come in handy, even when interest is charged. Simply line up a 0% balance transfer credit card and switch the entire balance from your bank account to the new card.