MBNA mule

Altior

Since the fixed interest rate world has livened up again, I was hoping to start a new round of stoozing. However, after several years of receiving a no fee cash advance offer from MBNA every month, I noticed this has just stopped. I now get the no fee BT offers, but not the cash advance offers. Just one with 5%, which is obviously useless for stoozing. 

Is anyone else still receiving the fee free cash advance offers on existing MBNA cc accounts? 

maj1987

I got an email on the 15th aug with that offer but was pulled when I logged in at the end of the month. I’ve got money transfer offers from virgin 0% for 2 years with 2.5% fee and Barclay card 0% for 18 months with a 2.9% fee

TheStoozeFather

Late to the party but I've had no fee money transfer offers on my Halifax Clarity CC. Might help someone if MBNA no longer offering 

noh

I have no fee money transfer offers on both my MBNA credit cards. Also on my Halifax Clarity as mentioned above, as well as Bank of Scotland.
I have just successfully applied for three new 0% balance transfer cards in order to start stoozing again now that savings interest rates make it profitable once more.

Altior

Yes, mine are back this month as well, great news. 

mr._prude

I paid 2.99% for my initial money transfer with MBNA about 15 months ago, offering me no fee money transfer. Just done a 0% fee money transfer Halifax clarity.

Stooze pot 17.5k / 0% Debt 14k

vacheron

Thanks everyone.

This thread prompted me to check my existing Halifax Clarity card (which I usually only used for overseas payments), but it did indeed have the Money Transfer offer with a no transfer fee and a 5'ish percent p.a. interest rate. 

So I thought I'd be cheeky and request a credit limit increase from £5 to £20K, (which they kindly gave me), so I money transferred the maximum they allowed to my account and then transfered the Clarity balance to my new 0%, no fee Natwest BT card.

That couple of hours work should earn me about £1500 in a 2 year Virgin 4.22% ISA before I have to give it back! 

adindas

IS MBNA still good to be used as mule card ?

I understand you could also use Halifax and virgin as mule card has anyone tried it recently ??

 Thx

pecunianonolet

adindas said:

IS MBNA still good to be used as mule card ?

I understand you could also use Halifax and virgin as mule card has anyone tried it recently ??

 Thx

Yes, still working fine. Took some fee free cash, sent part 1 to my Santander BT card and from there back to a second MBNA BT card. Moved after the second part to Santander so I was able to put MBNA cash from card one to a second MBNA card. Now waiting for bloody RBS to approve my BT card after over a week waiting now so will take a second money draw down fee free from MBNA and park it there. Should get me a 20k-25k stooze pot if all works out. 

adindas

pecunianonolet said:

adindas said:

IS MBNA still good to be used as mule card ?

I understand you could also use Halifax and virgin as mule card has anyone tried it recently ??

 Thx

Yes, still working fine. Took some fee free cash, sent part 1 to my Santander BT card and from there back to a second MBNA BT card. Moved after the second part to Santander so I was able to put MBNA cash from card one to a second MBNA card. Now waiting for bloody RBS to approve my BT card after over a week waiting now so will take a second money draw down fee free from MBNA and park it there. Should get me a 20k-25k stooze pot if all works out. 

The last one I did a few a few months ago. The ladies there were interviewing me how did it happen. You know it is a difficult question to answer. What about Halifax or Virgin Money as mule card?

pecunianonolet

adindas said:

The last one I did a few a few months ago. The ladies there were interviewing me how did it happen. You know it is a difficult question to answer. What about Halifax or Virgin Money as mule card?

Don't have Halifax or Virgin Money cards so don't know. My struggle is more about getting approved for more BT 0 fee, 0 interest cards to park the debt I accumulate.