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MBNA 5% repayment
MABLE
Posts: 4,248 Forumite
in Credit cards
We have today received a letter from MBNA advising that we will have to repay 5% of the balance each month. Does anyone does this apply to balance transfers already set up. The reason I ask is because we have 0% at moment and pay a token amount of £25.00 on a debt of £2000. #
With thanks,
With thanks,
0
Comments
-
Are you sure?
I got a similar letter yesterday and I am sure it stated that I would have to pay the least of the amounts (as usual for MBNA).0 -
King_Of_Fools wrote: »Are you sure?
I got a similar letter yesterday and I am sure it stated that I would have to pay the least of the amounts (as usual for MBNA).
Since positng I have spoken to MBNA and said they will continue to charge me £25.00 until the promotional period expires.0
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