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Money transfer mbna
ses6jwg
Posts: 5,381 Forumite
I've been offered an MBNA money transfer card at 2.99% fee with 0% interest for 18 months.
£10k limit
Mortgages fixed until 2025 so no credit score concerns.
I notice the top 1 year fixed rate is currently 4.6% but is this likely to go up a bit more?
Is this worth me doing?
£10k limit
Mortgages fixed until 2025 so no credit score concerns.
I notice the top 1 year fixed rate is currently 4.6% but is this likely to go up a bit more?
Is this worth me doing?
0
Comments
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No such thing as a credit scoreIf you can get a £10k limit ad pay the £299 fee then sure, take it and invest it but you can do better than 4.6% on some savers, just do the sums - give it a couple of days for interest rate rise to filter through first0
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You can calculate the potenial profit using the calculator here
https://stoozing.com/stoozcalc.php
I have done similar over the last couple of weeks with around £34k from five credit cards.0
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