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Promotional cash advance on MBNA card.

CRISPIANNE3
Posts: 1,476 Forumite


in Credit cards
I have been offered a promotional cash advance rate of 0% and 4% fee until March 2015 on my MBNA card. I was thinking about taking out a loan for about a year but cannot beat this rate.
However does it affect your credit rating if other potential borrowers see I have a cash advance on my card.
However does it affect your credit rating if other potential borrowers see I have a cash advance on my card.
0
Comments
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MBNA "Money Transfers" are not reported as "Cash Advances" to the credit reference agencies.0
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agree with YorkshireBoy - Super Balance Transfer to current account isnt treated as a 'cash advance' - i.e. where money withdrawn from cash machine..0
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