Can I max out money transfer by combining with balance transfer?

rizblie

@paul_c123 yes I did. I kind of came across it by accident when looking at Money Transfer deals. It didn't show up in my MSE checker either.

Jami74

rizblie said:

Hi - at the moment MBNA are offering up to 15K money transfer 0% 14 months card with a 3.59% fee, and RBS offer a 19-month no-fee 0% balance transfer. So I'm thinking of combining the two  to (almost) double the money I can transfer. See steps below. Has anyone done this? Any reason it would not work?

1. Get maximum money transfer from MBNA.
2. Transfer the balance to RBS (but leave min £25 in MBNA to keep the account open)
3. Do another maximum transfer from MBNA (within 60 days of opening)

Have you checked if MBNA have any other money transfer offers on the card? I only ask because Lloyds offer a money transfer 0% with fee or 5.9% APR with no fee.