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update re. VirginMoney and MBNA

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anyone know what is happening with VirginMoney and MBNA? The VirginMoney credit card is currently 26months at 0% whereas the MBNA card is 24months....so Virgin is currently the better deal.

but is it still possible to port CL across from an MBNA card to Virgin?

the card is still MBNA backed:
https://uk.virginmoney.com/virgin/credit-cards-v3/index.jsp

Comments

  • You can port across but expect a credit limit reshuffle when doing so
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    you mean a shuffle downwards?
  • You can port across but expect a credit limit reshuffle when doing so

    You might not i already have a virgin card which have had for a few years and at the weekend i thought i would apply for another since the transfer offer is good not expecting to to get accepted but i was and have just received the email today saying card will be in post my limit on the original card was £8k and it still is just checked and the limit on my new card is £5k.
    3.6Kwh PV System, Lg Panels , Growatt Inverter South Facing, 23 deg Roof Facing, Stoke on Trent
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    steveing64 wrote: »
    You might not i already have a virgin card which have had for a few years and at the weekend i thought i would apply for another since the transfer offer is good not expecting to to get accepted but i was and have just received the email today saying card will be in post my limit on the original card was £8k and it still is just checked and the limit on my new card is £5k.

    ok, good. but it might be that if you ask to move the bulk of the 8k to the 5k card to increase the value of your BT, they look to lower the overall 13k
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