New mbna Amex cashback

basiaking

Doshwaster wrote: »

What kind of credit limit are MBNA offering?

I'm looking at this to replace my Egg Money card when it changes to a Barclaycard. I only use this for work expenses so the balance is always paid off every month but I would need a limit of £2-3,000 to cover flights and hotels for business trips, mainly to the US (where Amex is more widely accepted than it is here)

Hi. I have just (today in fact) closed my Egg Credit Card after receiving the cashback. I had a credit limit on this card of £3,000 for over a year. I tried to increase this limit slightly a couple of times over the internet but Egg wouldn't let me! Last night I applied for the new MBNA Amex card and the site also crashed for me but this morning I rang them and they confirmed that I had been approved for the card and my credit limit will be £3,800.

basiaking

rfowler wrote: »

Is it worth applying for one of these or going for the Tesco credit card?

Best would be getting the new cashback MBNA Amex card for using in all supermarkets and on petrol and the Capital One 1% cashback card for everything else.

Doshwaster

basiaking wrote: »

Hi. I have just (today in fact) closed my Egg Credit Card after receiving the cashback. I had a credit limit on this card of £3,000 for over a year. I tried to increase this limit slightly a couple of times over the internet but Egg wouldn't let me! Last night I applied for the new MBNA Amex card and the site also crashed for me but this morning I rang them and they confirmed that I had been approved for the card and my credit limit will be £3,800.

Thanks. That's useful information. I have also just received my Egg cashback. My limit was also about £3,000 and Egg were never willing to increase. Having that on a new card would be fine but a limit of £1000 wouldn't be enough as it wouldn't cover a week in the US.

I'm still trying to decide between this card and the BA Amex.

chexum

Doshwaster wrote: »

Thanks. That's useful information. I have also just received my Egg cashback. My limit was also about £3,000 and Egg were never willing to increase. Having that on a new card would be fine but a limit of £1000 wouldn't be enough as it wouldn't cover a week in the US.

I'm still trying to decide between this card and the BA Amex.

Are you claiming back expenses? If not, any card charging commission on foreign currency transactions overshadows the normal cashback (1-1.5% cashback vs. ~3% fx fee). It's obviously better value with the cashback, but still better without the random fee added...

td_007

A quick update on my post above - gave them a call earlier today have been approved for the card. I closed the Amazon-MBNA card at the same time so have kept the credit available the same....sweet:j

NTCCF

thats good, if you dont mind me asking what did they need to confirm with you by calling them?

Doshwaster

chexum wrote: »

Are you claiming back expenses? If not, any card charging commission on foreign currency transactions overshadows the normal cashback (1-1.5% cashback vs. ~3% fx fee). It's obviously better value with the cashback, but still better without the random fee added...

Yes, this would be for claiming back expenses. We claim for the exact price in pounds from the credit card statement. Last year I made over £150 on on Egg Money card.

VfM4meplse

When I applied earlier this week a message appeared after the timer had done it's bits saying that I'd been accepted. Only applied for it's petrol cashback, I feel mugged every time I fill up but sooooooo love driving!

td_007

NTCCF wrote: »

thats good, if you dont mind me asking what did they need to confirm with you by calling them?

I was asked what limit I was looking for...I guess because I had two other cards they wanted to get an idea of how much credit to give me.

Rotundpictures

At 01.37 this morning I got an email from MBNA confirming I have been successful in my application, and confirming the credit limit.

Really please that I'll be saving 1.5% on my diesel costs.


Chris