min payment?

mummytofour

Hi,
I currently have a MBNA card on 0% which will end very soon.
With MBNA I have been paying very little something like £6 per month on my outstanding balance which is around 3k.
Does anybody know if any other CC take such little payments like this?
Just sorting out money etc and it would be nice if I could stIck for a little while longer at this low repayment.
Cheers.

Kevoh

Ok, I've done some research for you. £6 payment for 3K debt is 2% repayment

Amazon.co.uk card is 9 months 0%, minimum repayment is 2%, BT fee is 3%
Barclaycard and Virgin 13 months 0%, minimum repayment is 2.25%, BT Fee is 3%
Capital one have a BT fee of 1.7%, repayment of 3% and 0% til 01 May 2008. May be worth checking it out and the total debt after adding the BT fee will be less by around £40

King_Of_Fools

Only MBNA run cards (MBNA, Virgin, etc.) offer this £5 minimum payment.

King_Of_Fools

Kevoh wrote: »

Ok, I've done some research for you. £6 payment for 3K debt is 2% repayment

No, 2% of £3k is £60!