cash transfer fees.

fatbloke47

Hi everyone. Have just obtained first card for stoozing purposes on MBMA Platinum. Limit of £7,500.

There is the %3 charge equals £225.

Can anybody tell me when this is added to the debt?

Also is this fee over and above the £7500 limit? That is does this fee take the amount of debit over the maximum permitted?

Do not want to fall foul of the card conditions at the first hurdle.

Reading all the comments it appears the first payment includes this charge plus £5 thereafter the minimum is £25

Great site! :rotfl:

YorkshireBoy

fatbloke47 wrote: »

Can anybody tell me when this is added to the debt?

As soon as the BT itself is posted.

Also is this fee over and above the £7500 limit? That is does this fee take the amount of debit over the maximum permitted?

Max BT is 95% of limit, to leave room for the fee to be added.