Go To Mortgage 101

Return To Group Index

From: "Dudley" 
Newsgroups: uk.finance
Subject: Re: MBNA Credit Card Cheques
Date: Sun, 31 Aug 2003 21:11:34 +0100

> >Just opened a new MBNA account which has a 9 month 0% APR deal - I don't
> >need to use it for balance transfers but do intend generating some extra
> >dosh by putting the whole of the credit limit into a cash ISA and then
the
> >balance into an ING account.  However, the only way I can do this is by
> >using a credit card cheque.  Does anybody know / had any experience of
using
> >a CC cheque in the intro period with MBNA - do they charge the normal
fees
> >of min £2 max £30 whilst in an intro period?  Bottom line, I'm still
going
> >to make money out of the deal however, be nice to know if it'll be £30
more
> >cause I don't pay the CC cheque fee.
>
> Why would you have to use a credit card cheque? MBNA allow you to do a
> 'balance transfer' directly into a bank account.
>

Do they?  And they won't consider it a cash advance?
Interesting.........I'll check it out tomorrow.  Cheers.