Money transfer mbna

ses6jwg

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?

[Deleted User]

No such thing as a credit score

If 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 first

noh

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.