Does anyone know if MBNA charge for making a balance transfer?

Does anyone know if MBNA charge for making a balance transfer? or a Balance Transfer to a Bank Account?

Cant find my copy of the t&c and the website is not helpful!

Reply to
John
Loading thread data ...

Don't have a copy to hand at this very moment, but ISTR that they reserve the right to tack on a 2% balance transfer fee, and that they will advise you if they plan to do so before they process the balance transfer request.

Guess this potentially spells the end to the "transfer to bank account and deposit in high interest account ploy" :(

Reply to
Trust No One

Just had the same problem. I looked and it was not in their T&C's for overdraft transfers, it said they didn't charge for balance transfers during the introductory period. I decided not to risk an overdraft transfer with them but did do a balance transfer to another credit card which did allow overdraft transfers with no charge, so got around my transfer that way.

Reply to
Jane Tweedynn

Yes, MBNA will know.

Reply to
DP

They don't charge within the 0% introductory period, but they do try to after that. They wanted to charge me £35 for a balance transfer a few weeks ago, but agreed to waive the fee after I requested them to do so. Everything is negotiable.

Reply to
Chris Blunt

This has come up before - search the archive -

formatting link
I don't believe they charge when using the online facility. Have they launched another offer, now the previous one's ended ?

Daytona

Reply to
Daytona

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.