Bal Transfer Fee MBNA now £50

beatthebanks_2

Hi,

Just received a letter today from MBNA advising that as of 1/11/2004 the max handling fee will now be £50 instead of previous £35, so just to let you all know get transferring and save £15 prior to 1/11.

beatthebanks

smartsaver

For anyone who has more than one MBNA card ie Virgin, Abbey etc it makes sense to cancel all but one card and consolidate the credit limit.
Ask to swap the cancelled cards credit limit to the card you will be keeping. That way at least you only pay the fee once. Not sure of full list of MBNA cards... Does anyone know? I am sure I have seen a list on threads before.

Reaper

Not sure of full list of MBNA cards... Does anyone know?

MBNA provide a list here.

zcaprd7

smartsaver - you don't have to cancel them, just leave £100 limit on them?

smartsaver

smartsaver - you don't have to cancel them, just leave £100 limit on them?

Isn't it better for your credit rating to cancel ???

isasmurf

MBNA provide a list here.

That's only a *very* small list of MBNA cards. They offer hundreds more through trade unions, clubs, charities, sports teams and universities to name just a few organisations. I'd be interested to know if anyone does have the complete list for MBNA.

Reaper

That's only a *very* small list of MBNA cards.

If you click through the "More choices" link at the bottom of each box you will find more listed. In the case of "Irish Cards" it even goes to a second level.

My very quick and inaccurate count made it 76 cards. It might not be definitive but that should be enough to keep credit card shufflers busy for a while.

zcaprd7

Smart saver - I believe the credit rating issue is to do with the toal amount of existing credit, so an extra £100 shouldn't hurt...