Hi, What's the best non-MBNA credit card in terms of lowest monthly repayment?
The MBNA credit card (Virgin / Abbey / Alliance & Leicester etc) offers a min repayment amount each month of just £5, together with a usual introdutory offfer of 0% on balance tranfers.... Which is just great!
But I'm not in a position where'd I'd like to start paying off my credit card (nearly £6,000) - recent personal cicumstances don't allow! so I'd love to repay the min amount each month if possible until I can get things sorted.
I'm at the end of the 9 month 0% interest free period and am looking to find the best deal to transfer to. But you can't transfer the balance to another MBNA backed card (clever guys huh!).
Looking around all the websites I can find - am I right in thinking every other credit card supplier asks you to pay at least 2% or 3% of the balance each month? So instead of just £5 each month on an MBNA backed card, it'll be around £120-£180 each month on a 0% balance transfer deal?
Any thoughts greatly appreciatted! :-)