MBNA Credit Cards with Fee Cap on Balance Transfers
Guest: maddybeagle
Credit Expert (100+ Posts)
Post subject: MBNA Credit Cards with Fee Cap on Balance Transfers
Posted: Wed Apr 05, 2006 8:26 am
The transaction fee for balance transfers is 3% of each transaction, minimum of $10. However, effective as of July 2006, each balance transfer is subject to a 3% transaction fee between $10 and $75.
I just looked at my mbna card and noticed this on the terms. I might use now....
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: bullwinkle29
Posted: Wed Apr 05, 2006 11:36 am
maddybeagle wrote:
The transaction fee for balance transfers is 3% of each transaction, minimum of $10. However, effective as of July 2006, each balance transfer is subject to a 3% transaction fee between $10 and $75.
I just looked at my mbna card and noticed this on the terms. I might use now....
my wife and i were thinking of getting the MBNA amex card and doing a bt, but it said 0% for 12 months, then 7.9%. under the terms, it said BT is 3% $10.00 min, it did not have a cap. it also stated that there is a fee. most new cards, they won't charge you when you open a new account.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Woolfman
Posted: Wed Apr 05, 2006 3:30 pm
On all of my MBNA cards,
The BT'S have been 3% $10.00 min $75.00 max.
for quite a while now.
I'm not sure if this is the same for new accounts.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Wed Apr 05, 2006 3:39 pm
I've always had a cap on mine too... $75 max. I've never seen an uncapped BT fee.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: bullwinkle29
Posted: Wed Apr 05, 2006 4:29 pm
i just called mbna, there is NO CAP. it's 3%, we were going to apply for the MBNA Amex, not anymore
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Credit Expert (100+ Posts)
Post subject: MBNA Credit Cards with Fee Cap on Balance Transfers
Posted: Wed Apr 05, 2006 8:26 am
The transaction fee for balance transfers is 3% of each transaction, minimum of $10. However, effective as of July 2006, each balance transfer is subject to a 3% transaction fee between $10 and $75.
I just looked at my mbna card and noticed this on the terms. I might use now....
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: bullwinkle29
Posted: Wed Apr 05, 2006 11:36 am
maddybeagle wrote:
The transaction fee for balance transfers is 3% of each transaction, minimum of $10. However, effective as of July 2006, each balance transfer is subject to a 3% transaction fee between $10 and $75.
I just looked at my mbna card and noticed this on the terms. I might use now....
my wife and i were thinking of getting the MBNA amex card and doing a bt, but it said 0% for 12 months, then 7.9%. under the terms, it said BT is 3% $10.00 min, it did not have a cap. it also stated that there is a fee. most new cards, they won't charge you when you open a new account.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: Woolfman
Posted: Wed Apr 05, 2006 3:30 pm
On all of my MBNA cards,
The BT'S have been 3% $10.00 min $75.00 max.
for quite a while now.
I'm not sure if this is the same for new accounts.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: rapjunkie
Credit Expert (100+ Posts)
Posted: Wed Apr 05, 2006 3:39 pm
I've always had a cap on mine too... $75 max. I've never seen an uncapped BT fee.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Guest: bullwinkle29
Posted: Wed Apr 05, 2006 4:29 pm
i just called mbna, there is NO CAP. it's 3%, we were going to apply for the MBNA Amex, not anymore
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 2:20 PM
0 Comments:
Post a Comment
<< Home