MBNA charging customers more

Metmaddie

Has anyone heard about why card company MBNA plans to charge customers for being in credit? :mad: I just caught the end of the Working Lunch programme and missed the whole story. I think it also said something about also charging for accounts that are rarely used.

Thanks

southeastsaver

didn't see the prog but it is part of the bbc's watch again thing....you'll be able to watch the whole programme again later on today by following this link:

http://www.bbc.co.uk/bbctwo/programmes/?id=working_lunch

will have a look myself as i have 2 mbna based cards!

roswell

artical on bbc news site

http://news.bbc.co.uk/1/hi/programmes/working_lunch/6376405.stm

The_Boss

Guess its to stop super balance transfers.

PBA

It's because dormant accounts cost the company money to maintain. If a customer has an account they don't want to use then they should close it. If they insist on keeping it open it's only right the company makes a little money from it.

Metmaddie

Thanks to all, I have watched the clip on the BBC site, very interesting!