Missing MBNA statement?

CannyJock · 5 August 2009 at 1:24PM

chattychappy wrote: »

DD seeems to have some kind of quasi-cult status here. It's certainly popular amongst people who can't keep up with their finances or can't face their bills.

It's certainly popular amongst people who have quite complex personal finances. With one notable exception (hi NickX

) it's fairly vital for a stoozer with a full deck of cards to juggle

If it wasn't for direct debits paying cards and bills, and standing orders switching money between my plethora of savings accounts to meet their various minimum funding requirements and regular saver payments, I'd spend all day in my online banking and never have time for forums ... I mean real work

When setup properly and funded sufficiently, they definitely help automate some of the more mundane financial transactions. But I agree that people should know the potential drawbacks.

NickX · 5 August 2009 at 3:50PM

CannyJock wrote: »

If it wasn't for direct debits paying cards and bills, and standing orders switching money between my plethora of savings accounts to meet their various minimum funding requirements and regular saver payments, I'd spend all day in my online banking and never have time for forums ... I mean real work

Yes, I do agree here. I am a sad case and like to know precisely what I have in what account, and what I owe to which provider. I check all my accounts online every day, so never miss a payment when required.

Not everyone is as sad as this, so I fully appreciate Direct Debits are better for some people.

I do still find some time for [STRIKE]forums[/STRIKE] work.

vadek · 9 August 2010 at 11:48AM

Beware of MBNA not sending email reminders about new statements. I didn't find out they'd charged me penalty fees until I got an email from Equifax saying I had a black mark on my credit rating. Fortunately, I got through to someone sympathetic at MBNA who refunded the fees and interest. However, I will be closing the card.