MARBLES-CUT YOUR 14.9% APR IN HALF NOW!!!!!!!!!!!!

Just wanted to inform fellow money experts that when I went to close my Marbles card they offered a bit of a deal that some folks may find hard to refuse.

I gave the excuse that now my 0% deal was finished and my balance was paid in full that I would prefer to close the account as their APR @ 14.9% was a bit too high considering I already had other cards at much better APR rates! So they asked me what they could do for me. First I asked for another 6 months @ 0%..doh (no go)! Then out of the blue they first offered to reduce my annual APR to 10.9% for both life of balance transfers & purchases! I then did as you advise (Did the ole "uhmmm, ohmmm, not really good enough" routine) and then BINGO they offered to lower it to 7.9% (fixed & NOT typical) for both future life of balance transfers AND purchases with no time restrictions involved what so ever!!!!

Not believing what I was hearing, I decided to wait a full day to cancel my partner's Marbles card and they said the exact same thing (except this time going directly to the 7.9% offer without trying to get me to accept the 10.9% one)!!! I did try to get it even lower to 6.9% but 7.9% was the lowest they were prepared to go!Well I told them I would keep both cards as it sounded like a good deal but I always have the option of ringing and closing the accounts anyway as I am not using their cards at present.

Comments

  • Sub_2
    Sub_2 Posts: 113 Forumite
    Thank you!! :D

    This tip has been great for me. I have a balance of a few thousand pounds about to run out of a 0% deal on an RBS card, I don't really want to make another cc application at the moment so was a bit unsure what to do. I rang Marbles and told em "you've just done my "friend" a 7.9% balance transfer deal, will you do same for me?". The man from Del Monte... he say YES!

    So that about halves my interest rate on this balance, down from the 16 - 17% RBS were gonna charge me from next month.

    Thanks again exmodel.
  • i AM VERY GLAD TO HEAR MY ADVICE WAS HELPFUL MATE!
  • Thanks for telling me about this. I didn't get what you got due to the fact that our cards were "different". However I managed to get 4.9% for 6 months on balance transfers and purchases. I should be able to get another good offer in 6 months!

    Thanks for highlighting this! Saved me plenty of interest and dosh! :)
  • Bamps...how were you cards 'different'??? To my knowledge Marbles only offer one type?
  • And if you have an MBNA card, with a 0% BT about to expire, pay off the balance, then call to cancel the card. They often extend the 0% period, so you can BT the debt (or savings) back. Watch out for any BT charges (£35 max soon to be £50 max) - get this confirmed before you do a new BT.
    Warning ..... I'm a peri-menopausal axe-wielding maniac ;)
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