📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Virgin Card - Monthly Payments Question

Options
Hi can anyone explain to me how much i will pay per month, i know i have been scanning website and paperwork but cant find the % i will pay it used to be £25.00 regardless of outstanding amount? i have just Balance transferred some debts which total £4300, i will have my 2.99 fee on top so estimate total £44.25.00 can anyone advise what my monthly payment will be and i assume its 30 days to the date of opening account my payment date???

Comments

  • Th1984
    Th1984 Posts: 112 Forumite
    Give them a call, I had almost exactly the same questions 2 weeks ago, and FYI I have moved £4250 and my min was £44.59
    Budgeting CC balance £0
    MBNA 0% [STRIKE]£1312.50[/STRIKE] £1212.50 1/12
    Nationwide Loan [strike]£19000[/strike] now £10114 27/51 £193.46 Overpaid
    Barclaycard 0% b.t. [STRIKE]£8966[/STRIKE] now £7928 4/30
    Hitachi capital - [STRIKE]£899[/STRIKE] 05/2013 Uncle - [STRIKE]£1145[/STRIKE] 03/2013 /Dad - [STRIKE]£3k[/STRIKE] 12/2012
    was £28,738 - now £19254 33% of the way there:j
  • eschaton
    eschaton Posts: 2,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Think it is now 1% or £25.00 if balance below £2,500.
  • Thanks i was with MBNA years ago but it has changed since then i will call them tomorrow morning.
  • eschaton
    eschaton Posts: 2,098 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    From statement:
    [FONT=C?EX0L60_T?EX0000][FONT=C?EX0L60_T?EX0000]
    [FONT=C?EX0Z40_T?EX0000][FONT=C?EX0Z40_T?EX0000]Minimum Payment
    [/FONT]
    [/FONT][FONT=C?EX0L60_T?EX0000][FONT=C?EX0L60_T?EX0000]This is calculated in accordance with paragraph 1b of your terms and conditions. Refunds and credits will not count towards your minimum payment[/FONT][/FONT]
    [FONT=C?EX0L60_T?EX0000][FONT=C?EX0L60_T?EX0000]
    unless they pay off your balance in full.


    Read your T&C's for the answer.
    [/FONT]
    [/FONT]
    [/FONT]
    [/FONT]
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.