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MBNA Money Transfer Offer

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Received an email today from MBNA offering a fee-free money transfer offer at 4.9% for transfers between 01 March and 31 March.
I just so happens that I applied for a Halifax (£8K credit limit) no-fee, 0% BT card on Friday with the intention of using the MBNA card (5.2K credit limit) as a Mule for a £5k balance transfer (MBNA into credit) and topping it (the Halifax card) up to the limit (95%) with a balance transfer from my other cards which have balances.
I'm thinking that instead I could complete a money transfer from MBNA followed by an immediate balance transfer to Halifax and repeat a second time to fill the Halifax card. The cost should be minimal as I'll incur the 4.9% for only a few days while the BTs complete.
I could then apply for another BT card in the near future and use the MBNA as a mule at that point complemented by transferring the remainder of my outstanding balances.
The MBNA has a zero balance.
Is/are there anything/pitfalls I've not thought of?
I just so happens that I applied for a Halifax (£8K credit limit) no-fee, 0% BT card on Friday with the intention of using the MBNA card (5.2K credit limit) as a Mule for a £5k balance transfer (MBNA into credit) and topping it (the Halifax card) up to the limit (95%) with a balance transfer from my other cards which have balances.
I'm thinking that instead I could complete a money transfer from MBNA followed by an immediate balance transfer to Halifax and repeat a second time to fill the Halifax card. The cost should be minimal as I'll incur the 4.9% for only a few days while the BTs complete.
I could then apply for another BT card in the near future and use the MBNA as a mule at that point complemented by transferring the remainder of my outstanding balances.
The MBNA has a zero balance.
Is/are there anything/pitfalls I've not thought of?
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Replies
Requested first money transfer £4940 last Weds night. Reached current account Friday. Requested BT to Halifax Sat morning, completed Monday. Requested MT £2660, Mon evening, arrived in current account today. Will request BT tonight or tomorrow morning to fill Halifax card.
I also applied for a Virgin Money BT card on Thurs night, they emailed yesterday to say the card is on it's way. Only £3300 limit but that will take another £3135 MT/BT.
Applied also for a Sainsburys BT card Saturday, awaiting decision and a BOS BT card (rejected). Not sure why rejected but may be due to applying to two HBOS cards so close together (Halifax states they won't give a second card within 60 days of a first application).
Whatever happens it's a fast stooze of at least £10735 which will take the stooz pot to approx £18k. Flexclusive Regular Saver matures tomorrow also, so have more cash than i know what to do with (well, not quite!).
Of course that is no good to me on a 10 month old fee-free BT deal with a 90-day BT window!
But it got me thinking...maybe my 'score' has gone up with them?
Because I can resist anything but temptation(!), I immediately made a speculative application for their latest 24 month 0% fee-free card. Result!...£10K limit, with £9.5K on it's way to the stooz pot.
Maybe give Tesco a try?
I got a slip with my last statement stating I'd been provisionally accepted for a second card. Got another offer letter in the post today. Browsed their site to see if any restriction on holding two 0% BT cards, can't see any so will probably give it a try, they seem pretty insistent that I have another.
Virgin Money card arrived today, can't find any mention in the T&Cs re BT limit (ie 95% of credit limit), is it unrestricted with Virgin Money?
Got lucky!
Confirmation screen clearly suggested doing this once card received.
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At present will concentrate on using the current MT offer. Should get two or three (with luck) further MTs from the existing deal before 31st March. I'm keeping the mule option in reserve for now. Thinking some sort of mixed up my Silver Cards and BT window running out excuse, will have to see how that works out if/when I try it.