MBNA/Virgin cheques clarification please.

edited 30 November -1 at 1:00AM in Stoozing: Free Cash from Credit Cards
3 replies 1.9K views
Little_ChickenLittle_Chicken Forumite
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Howdy stoozers:D Please can any of you clarify the following: I've received cheques from my Virgin card that currently has a £0 balance. They're offering 1.9% for 7 months if I use the cheques. But I'm unsure if I would still have to pay the 3% cheque fee. The wording on the back is 'cheques are subject to a fee of 3% unless we have told you your fee is more or less. :o Am I being dopey?:D
:grin: Save me from spending...
Sealed Pot Challenge 2008 - £1004:T 2009 - £1139 2010 - £1260 :j 2011 - £1557 2012 - £740 :beer: No 195 Target £1k

Replies

  • YorkshireBoyYorkshireBoy Forumite
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    The fee applying will be the one that was notified to you when you received your last 'notice of variation' to the T&C's applicable to your account.

    However, I suggest you ignore the cheques because, in my experience, the same offer will be available for BT's & SBT's.

    Give MBNA customer retentions a ring on 0800 783 1116 and see if they'll waive/cap the fee for you.
  • AnonAnon Forumite
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    Are MBNA/Virgin known for waiving the fee? I was accepted earlier this week for a Virgin card on the 15 month card (with a good limit) therefore any saving on the 2.98% is worthwhile (not stoozed for a while ... in fact, since you could get 0% with no fee, therefore paying anything goes against the grain!).

    Many thanks
    Anon
  • YorkshireBoyYorkshireBoy Forumite
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    Anon wrote: »
    Are MBNA/Virgin known for waiving the fee?
    Yes, but not on introductory offers.
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