MBNA - credit search for Money Transfer?

scottishsavingsgirl

I've had an MBNA All Round credit card for a year. Last month I requested a £750 money transfer to my current account which went through with no problems. I received notification yesterday that my monthly Noddle report was available and it shows MBNA ran a search on the same date I made the Money Transfer request.

I was under the impression that because a search had been made when I initially applied for the card in 2015, they wouldn't need to run another? The transfer took me to 60% of my available credit on the card, so I wasn't even close to using all of my available credit!

I've now cleared in full through a balance transfer to another card with 0% for 23 months.

Is this credit search from MBNA correct?

Thanks!

molerat

When you signed up for the card you agreed to them searching your file as and when they deemed it prudent for the management of your account. Responsible lending comes to mind.

GingerBob_3

molerat wrote: »

When you signed up for the card you agreed to them searching your file as and when they deemed it prudent for the management of your account. Responsible lending comes to mind.

Yes, they can smack you up with any number of searches, for any reason, whenever they want. And - some so-called high level searches don't even appear as a record on the CRAs' files, so sometimes you might not even know they're doing it.

TheShape

Would a credit card company conduct a soft search to confirm ID and/or that the account you requested a money transfer to was your own account?

Is this what is likely to have been done?

bengalknights

They definitly will perform soft search for money laundering regulations

GingerBob_3

TheShape wrote: »

Would a credit card company conduct a soft search to confirm ID and/or that the account you requested a money transfer to was your own account?

Is this what is likely to have been done?

Interesting question - but how would they know? CRAs don't supply details to searchers about who your financial arrangements are with. Or do they?

moshoodo1

Are you sure it was hard search? because I could remember when I request Limit Increase from barclaycard, they did AML search on me on Noddles which was soft search. So I dont think MBNA will credit Search you for ordinary money transfer. I know they do for limit increase.