Can i BT from a virgin card to MBNA?

andyfromotley

Thats it really,

soft search says that MBNA is ny highest chance but its for 10k that i have on a virgin card.

I also have a Barclaycard with zero balance. As barclaycard have lots of decent cards but obi i come up as ineligible because i have one already, i wonder if i should cancel this card then re apply when i need to BT (oct 2015)

Furthermore i have a FD card with zero balance, should i dance both of these cards as reducing the amount of available credit may make me more attractive?

cheers andy

YorkshireBoy

Unless you've one heck of a large income you'll find it hard to get another circa £11K limit card from anywhere, let alone MBNA...if they underwrite/issue your Virgin card. Do they?

If you did manage to secure the MBNA card, the only way you'll get them to take the Virgin balance is via a money transfer, not a balance transfer, which usually incurs a higher fee or gives a shorter 0% duration.

Does the checker also give an indicative credit limit? If not, then you may as well be declined as be given a £1K limit.

Removing available credit will lift your overall utilisation ratio, so depending on income and other financial circumstances that could be either a good or a bad move.

Candyapple

You are allowed more than 1 Barclaycard, I have 2 myself.

andyfromotley

yes MBNA underwrite virgin cards. Interesting about the credit limits.

Thats interesting about the Barclaycards, i wonder why they are coming up as ineligible. I shall keep the Barclaycard as they send me periodic offers with 0% bt, but they are never as good as the new long term ones/ I will be able to reduce the OS balance to about 8k by sept so i will hope to transfer to the B/card and possible see which cards i am eligible for at the same time.

Thanks for your advice.

pwl

Virgin say they cannot do a BT from MBNA Amex (who do free money transfers) because it is not UK issued. It is UK issued.


However, Barclaycard and Tesco have managed to a BT.


I need to make use of the 0% BT on my Virgin card.


What other options are there? Thanks.

Paully232000

pwl wrote: »

Virgin say they cannot do a BT from MBNA Amex (who do free money transfers) because it is not UK issued. It is UK issued.


However, Barclaycard and Tesco have managed to a BT.


I need to make use of the 0% BT on my Virgin card.


What other options are there? Thanks.

I know they say they cannot do it, but have you tried doing to transfer yourself through virgins online services. Not saying it is going to work but give it a try and see what happens?

Voyager2002

pwl wrote: »

Virgin say they cannot do a BT from MBNA Amex (who do free money transfers) because it is not UK issued. It is UK issued.


However, Barclaycard and Tesco have managed to a BT.


I need to make use of the 0% BT on my Virgin card.


What other options are there? Thanks.

Virgin Money is part of MBNA, so a free balance transfer between them is just not going to happen.

Paully232000

Voyager2002 wrote: »

Virgin Money is part of MBNA, so a free balance transfer between them is just not going to happen.

No it isnt, they transferred some people about a year ago from the old MBNA issued virgin credit cards, to their own virgin money credit cards.

Some people stayed with MBNA and some cards (mine included) transferred to virgin money

YorkshireBoy

Maybe its because MBNA Amex has a 15 digit card number, and VM's systems can't accept it?

pwl

My MBNA is brand new so must be Virgin Money.


The MBNA website says:




“The MBNA Everyday Plus American Express® Credit Card is issued by MBNA Limited. Registered Office: Stansfield House, Chester Business Park, Chester CH4 9QQ. Registered in England and Wales under company number 02783251. Authorised and regulated by the Financial Conduct Authority. MBNA Limited is also authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, Register Number: 204487 for the provision of payment services. American Express® is a registered trademark of the American Express company. MBNA Limited issue the MBNA American Express® Credit Card pursuant to a licence from American Express.”




Yes, I tried online to complete the BT It said it did not recognise the credit card number.




Nevertheless, I have aleady successfully done a BT from the MBNA card using both a Barclaycard and a Tesco card.

pwl

BTW, as an alternative, do any credit cards do credit balance refunds?