MBNA - who do they underwrite for?

Rusty123_2

Afternoon,I have a Virgin credit card that is coming to the end of it's 0% period and so I am applying for another (yes I am a rate tart).However, I applied for an Alliance and Leicester card and was turned down flat as they are underwritten by MBNA. I was advised to apply for another card outside this group or try again in 6 months or my credit rating will be affected.Does anyone know where I can find out who a card is underwritten by before I apply? (I was thinking of going for the Barclay Card Platinum with 0% for 14 months).Many thanks,Rusty:D

jamalfatty

Are you applying online? If so, check the very bottom of the page, will usually give the companies name (the one who actually run the credit card) there

moonrakerz

Try this:-

http://www.stoozing.com/cards.htm

Rusty123_2

Thanks guys - that's really helpful

I have now put the stoozing website in my favourites and can't believe how many cards MBNA issue :undecided

Happily though, the Barclaycard Platinum (with 14 months at 0%) is issued by Barclays and have nothing to do with MBNA.

I was turned down last week for the Alliance & Leicester card (because they're in the MBNA group and I already have a Virgin card). Is it advisable to wait for a bit before applying for the Barclays one or does that not affect credit ratings and all that? (My 0% with virgin runs out in 3-4 weeks so I guess I can't hang about too much).

Cheers,

Rusty

bengal-stripe

Rusty123 wrote: »

coming to the end of it's 0% period and so I am applying for another (yes I am a rate tart).

I think the life of rate tarts is becoming increasingly difficult.

Credit Cards, like everyone else, do like long-term relationships. That interest-free period is intended to attract customers, who continue to stay on with the card, long after that introductory offer has disappeared.

They have wised up to the fact that there is a “wham-bang-thank-you-Mam” cherry-picking brigade out there and they don’t like it. (Would you?)