Credit Tips: Low Promotional Rate Credit Card Offer

Posted On: November 1, 2004

Author: Incognito
Guest
Posted: Tue Nov 18, 2003 4:46 pm
Post subject: MBNA…maybe I can help.

I am a telemarketer for MBNA (DONT SHOOT..LOL). The reason I am posting it to maybe answer some questions. Yes,MBNA does offer 2nd accounts to people. I do this all the time. Sometimes, the second account has a lower fixed rate. Sometimes it has a low promotional rate (maybe youve had your account for awhile and want a promo rate). Sometimes the rates may be the same, and youve managed your account well so MBNA wants to extend to you a second acct. One thing that can help is lets say you have a balance on an acct with MBNA that youre trying to pay off. Well, when you revolve a balance,anything you charge will have interest on it from day one. There isnt a grace period. BUT if you have a 2nd account,you can use that for the small things you know you will be able to pay off with the grace period,like groceries,gas etc. BUT if you do not want a second account and you do not have a promo rate on your existing account, you can call and request a new promo rate be added to your card. And yes, if you already have 2 accounts,you can combine your 2 credit lines onto one card. I dont do that, thats another area of the business. Just wanted to share that.

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