Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • MSE Guy
    • By MSE Guy 18th Jul 11, 9:44 AM
    • 1,628Posts
    • 1,255Thanks
    MSE Guy
    MSE News:
    • #1
    • 18th Jul 11, 9:44 AM
    MSE News: 18th Jul 11 at 9:44 AM
    This is the discussion thread for the following MSE News Story:

    "The UK's largest credit card firm will allow holders to shift debt to it with no interest charged for two years ..."

Page 1
    • dtaylor84
    • By dtaylor84 18th Jul 11, 10:48 AM
    • 635 Posts
    • 519 Thanks
    dtaylor84
    • #2
    • 18th Jul 11, 10:48 AM
    • #2
    • 18th Jul 11, 10:48 AM
    What exactly is this supposed to mean? "If you need longer to pay off your debt, the MBNA Rate For Life card gives 0% on balance transfers of 5.9% for life, plus a 1.5% fee."
  • Former MSE Dan
    • #3
    • 18th Jul 11, 11:55 AM
    • #3
    • 18th Jul 11, 11:55 AM
    Thanks folks - looks like it was a proofing error, it's being corrected.

    For clarity, that card gives 5.9% for life on BTs, for a 1.5% fee.

    Cheers
    • Tixy
    • By Tixy 18th Jul 11, 11:56 AM
    • 31,062 Posts
    • 39,469 Thanks
    Tixy
    • #4
    • 18th Jul 11, 11:56 AM
    • #4
    • 18th Jul 11, 11:56 AM
    I suspect its a typo and should say or rather than of.
    Although I don't think the rate for life card does have a 0% deal. It should really read

    ....the MBNA Rate For Life card gives balance transfers of 5.9% for life, plus a 1.5% fee."
    A smile enriches those who receive without making poorer those who give

    or "It costs nowt to be nice"
    • JimmyTheWig
    • By JimmyTheWig 18th Jul 11, 11:59 AM
    • 11,867 Posts
    • 11,403 Thanks
    JimmyTheWig
    • #5
    • 18th Jul 11, 11:59 AM
    • #5
    • 18th Jul 11, 11:59 AM
    What exactly is this supposed to mean? "If you need longer to pay off your debt, the MBNA Rate For Life card gives 0% on balance transfers of 5.9% for life, plus a 1.5% fee."
    Originally posted by dtaylor84
    It's a misprint, I'd say. Read it as "a low rate" rather than "0%".
    • bigstevex
    • By bigstevex 18th Jul 11, 4:00 PM
    • 846 Posts
    • 384 Thanks
    bigstevex
    • #6
    • 18th Jul 11, 4:00 PM
    • #6
    • 18th Jul 11, 4:00 PM
    Can I just point out its now 24 months not 20, as per the barclaycard website, fee is 2.8% and 20 off balance transfer fee when you transfer over 3000


    Copy from site...
    Barclaycard Platinum Credit Card with the UK's longest balance transfer

    0% interest on balance transfers for 2 years from account opening (3.2% handling fee applies)
    Plus, refund offer which reduces handling fee to equivalent of 2.8% for everyone
    20 off your balance transfer fee when you transfer a balance of 3000 or more
    0% interest on purchases for 3 months from account opening
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

1,932Posts Today

7,635Users online

Martin's Twitter