Fluid credit card - designed to catch you with default sum for non payment?

robin58

Either get the manual payment done by the correct time. All statements tell you on the back the days they allow for manual payements to be credited on the account.

Or pay by DD. Credit card company will always want the minimum payment every month anyway. So you still pay what have to pay anyway.

The only other alternative is to transfer out what you owe to another credit card and close this problematic - to you - account down.

londonTiger

YorkshireBoy wrote: »

Well that's not the "same due date every month" now is it?


Or is it the same due date, but you just can't remember which one of the two it is?

They average the day intervals down to every 30.5 days (exception being February). So the due date always revolves around 2 dates. I've just gone through all my credit card statements and they all switch between two dates.

I haven't the foggiest what MBNA are doing, Maybe they are going by 4 week cycles or something.

[Deleted User]

londonTiger wrote: »

I think 30 day/29 day period because every month the statement date creeps back 1-2 days

I received 15 statements for my Fluid card and they were always dated between 5th-8th of the month, so they did not creep back every month but they did vary over a range of 4 dates.

Gentoo365

Set the minimum payment to be made by direct debit. Pay off any extra manually.

Then, if you miss your 'extra' payment by a few days then you will pay interest, but no fees and will not be in default.

shortcrust

Yet again, a company behaving outrageously by expecting customers to read their bills.

[Deleted User]

Surely a minimum payment DD would have prevented this?

londonTiger

I have moved out from mbna onto santander - santander gave 23 months 0% where as mbna only gave 10 months so the move would have been inevitable as I was only making the minimum payment and would have had to change over by the end of the 0% term anyway.

I have santander (jsut for the 0%) and a daily use credit card.

Both these cards reflect faster payments receipts on the day the payment was transferred. Santander is paticularly good because the payment appears online within minutes. With the other card it doesn't show up immediately but they do show the day the transfer was action as opposed to the day the payment was "processed" unlike mbna.

MBNA is utter !!!! IMO.

GingerBob_3

You do right. I have three cards run by MBNA and yes, they seem to adjust the payment date so that it nearly always falls on a weekend. They are scammers. If a due date is a weekend or bank holiday it should carry over to the next working day, but not with MBNA - nor probably with other providers, all of whom will hit you with a £12 charge and a late payment marker on the CRA files if you fall for this. Best to pay one day before the due date anyway.

Herbalus

Alternatively, you could just use the very easy option of direct debit to pay the minimum (plus whatever you want to add on manually), and MBNA becomes the easiest card in the world to manage with absolutely no chance of missed payments if you've got the small 2% of balance in your current account.

It couldn't be simpler.

LondonTiger - I would be aware that if you miss a payment for your 0% cards like you did with MBNA, then you'll lose the 0% rate.

londonTiger

Herbalus wrote: »

Alternatively, you could just use the very easy option of direct debit to pay the minimum (plus whatever you want to add on manually), and MBNA becomes the easiest card in the world to manage with absolutely no chance of missed payments if you've got the small 2% of balance in your current account.

It couldn't be simpler.

LondonTiger - I would be aware that if you miss a payment for your 0% cards like you did with MBNA, then you'll lose the 0% rate.

This has been stated about 10 times now on this thread. We all have our reasons for not using DD. One of the reasons I have is with my corporate barclays cc with my business. I pay the balance in full and they still take the minimum amount by DD leaving the card on credit (crdit for me, debit for them). CC/debit naming is wrong way round for the customer. Those are are named from the banks point of view.