1.99% for life MBNA MC or MBNA 0% interest Mastercard for 15 months or CITI 0%

[JBlue]

where u got that from?! all the reps i spoke with confirm it is till april 2009.

Exactly when is the expiry on teh 0% promotion? From teh date of application + 15 months? 0% until 04/2009? Date of application + 12 months? Which is it?

[angel_wing0]

Exactly when is the expiry on teh 0% promotion? From teh date of application + 15 months? 0% until 04/2009? Date of application + 12 months? Which is it?

Citi is not 15 months, 15 months is for the mbna promo ONLY.

From what the citi reps told me it's until april 2009.

[spy cl]

if i apply now for MBNA, I only get 0% until April 2009 instead of first 15 month ?

[st7860]

with mbna you get 15 months from the time you get the card

[spy cl]

thanks... st7860, i was confused by what angel_wing0 said

[angel_wing0]

if i apply now for MBNA, I only get 0% until April 2009 instead of first 15 month ?

sorry I was just referring to the citi promotion.

So st7860, can you answer my question please?

[JBlue]

Thanks angel.

I called and applied. When do I know if I got approved or not? Do they just send a card in the mail or will they contact me (call)?

[angel_wing0]

When do I know if I got approved or not?

u call them in a week and ask :D

[patrob]

I love MBNA :D We just paid off one card, applied for another, received it within 2 weeks, transfered the old card limit to the new card & transfered $32,000 with .5% transfer fee :twisted: Yes, they did lower the transfer fee from 1% to .5% just for asking :) This must be our 5th or 6th card from MBNA (not to mention a few CITI cards) I lost track already...

[angel_wing0]

I love MBNA :D We just paid off one card, applied for another, received it within 2 weeks, transfered the old card limit to the new card & transfered $32,000 with .5% transfer fee :twisted: Yes, they did lower the transfer fee from 1% to .5% just for asking :) This must be our 5th or 6th card from MBNA (not to mention a few CITI cards) I lost track already...

damn i cant wait when i will use my 2nd card :D (32k limit..yum :D)

[lurker99]

Sorry, if the questions has been answered, too big to read all.

I have an mbna sony card, can I transfer the old limit to the new card?

I have an mbna starwood with $25K limit, but i only use about $1-2K. I want to keep my starwood for the points. Can I transfer some of my limit onto the new card?

[Hugh Jass]

I love MBNA :D We just paid off one card, applied for another, received it within 2 weeks, transfered the old card limit to the new card & transfered $32,000 with .5% transfer fee :twisted: Yes, they did lower the transfer fee from 1% to .5% just for asking :) This must be our 5th or 6th card from MBNA (not to mention a few CITI cards) I lost track already...


hahaha, great to hear.

[donye]

I applied citibank gold card online.
Citibank called me today and asked my employer phone number.

[angel_wing0]

I applied citibank gold card online.
Citibank called me today and asked my employer phone number.

did u confirm with them if its 12 months or only up to april 2009?

[donye]

did u confirm with them if its 12 months or only up to april 2009?

No
I forgot to ask that.

[angel_wing0]

guess i will try to call myself today since i have the application center # now.

[dracore]

I love MBNA :D We just paid off one card, applied for another, received it within 2 weeks, transfered the old card limit to the new card & transfered $32,000 with .5% transfer fee :twisted: Yes, they did lower the transfer fee from 1% to .5% just for asking :) This must be our 5th or 6th card from MBNA (not to mention a few CITI cards) I lost track already...

What did you use to transfer the 32k? the balance transfer cheques that they provide you with? If so how did you first have to use the balance cheques (with 1% fee) then later call in and say that you want .5%?

[angel_wing0]

What did you use to transfer the 32k? the balance transfer cheques that they provide you with? If so how did you first have to use the balance cheques (with 1% fee) then later call in and say that you want .5%?

no he called in and do the bt. THat's the only way afaik to lower the fee to 0.5%.

[deals_addict]

Is it possible to transfer the money to a bank (chequing) account or it has to be transfered to another credit card

[markdweasel]

What did you use to transfer the 32k? the balance transfer cheques that they provide you with? If so how did you first have to use the balance cheques (with 1% fee) then later call in and say that you want .5%?

Hmm, I just paid off my CITI MC ( term ended) and canceled it as I want to wait for 90 days for a new promotion. Was that a mistake?

Mark

[angel_wing0]

Is it possible to transfer the money to a bank (chequing) account

yes, but only chequing acct not savings.

[st7860]

Hmm, I just paid off my CITI MC ( term ended) and canceled it as I want to wait for 90 days for a new promotion. Was that a mistake?

Mark

you don't necesarily need to cancel it. just keep it next time as a spare card, and apply for the new one with a correct name, correct birthdate, etc, but a 'different' address. such as before, you might be apartment 321 -5000 anystreet, but now you'll be unit #321, 5000 anystreet road.

[khulit]

I called yesterday to follow up since I had applied for the Citi card last July and has not gotten any response. It turns out that since I also applied for a Staples Mastercard a few weeks before, the system assumed that it was a duplicate application and just ignored my application.

Anyways, I was asked if I still wanted it, I told them to cancel it since the 0% BT April 2009 just 6mos away... she said that it's a 12 month validity, so if I get approved this Sept then the promo 0% will be until Sept 2009.... So I said yes... I forgot to ask for a discount for the 1% BT fee though... I'll probably call once I get the approval and try to ask for some incentive for the long delay...


Originally Posted by angel_wing0
did u confirm with them if its 12 months or only up to april 2009?

No
I forgot to ask that.

[angel_wing0]

Anyways, I was asked if I still wanted it, I told them to cancel it since the 0% BT April 2009 just 6mos away... she said that it's a 12 month validity, so if I get approved this Sept then the promo 0% will be until Sept 2009.... So I said yes... I forgot to ask for a discount for the 1% BT fee though... I'll probably call once I get the approval and try to ask for some incentive for the long delay...

nice, i guess i will apply again if it is indeed 12 months.

afaik, no one has succeed in dropping the citi bt rate (NOT mbna) from 1.0% to 0.5%. Good luck

[deals_addict]

yes, but only chequing acct not savings.

Thanks angel_wing0 for confirming

[angel_wing0]

well donno if its the same thing for citi, but i can confirm that for mbna.

I cant wait to call citi and confirm that it is 12 months :D

[angel_wing0]

Anyways, I was asked if I still wanted it, I told them to cancel it since the 0% BT April 2009 just 6mos away... she said that it's a 12 month validity, so if I get approved this Sept then the promo 0% will be until Sept 2009.... So I said yes...

I called in again and the application rep confirmed that it is up to april 2009 so I said no thanks. $^@(&$^&#(* :mad: I guess I will call later again and just say the offer I received is for 12 months instead of up to april 2009.

[patrob]

What did you use to transfer the 32k? the balance transfer cheques that they provide you with? If so how did you first have to use the balance cheques (with 1% fee) then later call in and say that you want .5%?

I did the transfer over the phone :)

[angel_wing0]

Getting the 0.5% only works from phone transfer afaik.

[Dragon120]

I love MBNA :D We just paid off one card, applied for another, received it within 2 weeks, transfered the old card limit to the new card & transfered $32,000 with .5% transfer fee :twisted: Yes, they did lower the transfer fee from 1% to .5% just for asking :) This must be our 5th or 6th card from MBNA (not to mention a few CITI cards) I lost track already...

Good for you...

When you paid off your 1st card and apply for a new one...do they 'cancel' your first card or do you still have it activated?

I'm still on my first card and will apply again once the 0% period is over. But I absolutely don't want another card (I don't need additional card- two is perfect by me).

Can you please let me know what is/was your process?

Thanks.

[angel_wing0]

Good for you...

When you paid off your 1st card and apply for a new one...do they 'cancel' your first card or do you still have it activated?

I'm still on my first card and will apply again once the 0% period is over. But I absolutely don't want another card (I don't need additional card- two is perfect by me).

Can you please let me know what is/was your process?

Thanks.

dont cancel it...just apply for the new one. And once that has been activated, talk to a credit analyst of transferring the old balance to the new one. THEN you can cancel the old card.

[uknowzip]

I have a CitiBank Enrich Platinum MC and tried to apply for the 0% BT MC but my application was rejected. The reason was that I have already had a Citibank MC. Does anyone have the same problem or is it just me? I don't want to cancel my Enrich card because it is my backup to the AE Gold (the 2% pro-rate one that AE capped it for now).

I ended up getting an MBNA 0% BT MC instead.

[Halifax55]

Saw the MBNA offer on rfds.com and applied for the card with 3.99 on balance transfers until pd off...waited for awhile, phoned they said they had no record of online applicaton, but did I want to apply on line and get approved instantly? I said OK, what are you going to offer me (I had not seen the 0% offer on rfds.com, i mentioned 3.99, she said she couldn't find that offer, I said keep looking (I did not have the code). She came up with code for 0% for 12 months. I took that one.

I check the mailbox and I have received a card with the original rate that I applied for 3.99 on balance transfers until paid off. I call say what's up, they say, oh don't worry, one machine doesn't talk to the other and you will be receiving another card for the 0% for balance transfers for 12 months. So now I will have two MBNA platinum cards with two different limits. What's up with them, seems like a trap to get people on the hook for credit for life. When I applied on line originally I asked for balance transfer at that time so now it is going through on the 3.99 until paid off.

So my point? If you want credit, go to MBNA they are giving it away.

[Jenthenaturelover]

Saw the MBNA offer on rfds.com and applied for the card with 3.99 on balance transfers until pd off...waited for awhile, phoned they said they had no record of online applicaton, but did I want to apply on line and get approved instantly? I said OK, what are you going to offer me (I had not seen the 0% offer on rfds.com, i mentioned 3.99, she said she couldn't find that offer, I said keep looking (I did not have the code). She came up with code for 0% for 12 months. I took that one.

I check the mailbox and I have received a card with the original rate that I applied for 3.99 on balance transfers until paid off. I call say what's up, they say, oh don't worry, one machine doesn't talk to the other and you will be receiving another card for the 0% for balance transfers for 12 months. So now I will have two MBNA platinum cards with two different limits. What's up with them, seems like a trap to get people on the hook for credit for life. When I applied on line originally I asked for balance transfer at that time so now it is going through on the 3.99 until paid off.

So my point? If you want credit, go to MBNA they are giving it away.

Maybe it was a mix-up?

You need to see if the two card numbers are the same.

I was sent one card by courier after having a bit of a fit. I then received the same card weeks later.............but same name and number.

Or do I have two cards at 15K??!?!?!?!

[angel_wing0]

i call the # that i called before, but the reps claim that they only see the 0.9% up to april 2009 now. WTF?!

I called yesterday to follow up since I had applied for the Citi card last July and has not gotten any response. It turns out that since I also applied for a Staples Mastercard a few weeks before, the system assumed that it was a duplicate application and just ignored my application.

Anyways, I was asked if I still wanted it, I told them to cancel it since the 0% BT April 2009 just 6mos away... she said that it's a 12 month validity, so if I get approved this Sept then the promo 0% will be until Sept 2009.... So I said yes... I forgot to ask for a discount for the 1% BT fee though... I'll probably call once I get the approval and try to ask for some incentive for the long delay...

what # did u call? just citi cs?

[MaximDude]

It took two months, but I finally got my MBNA card and did some balance transfers at 1% over the phone. Every CSR I spoke to kept saying lowering the BT rate wasn't possible, so I wonder how people were able to do it?

Still happy though, 0% until Jan 2010 is still nice and I merged my old card with the new for $15k limit now.

[angel_wing0]

It took two months, but I finally got my MBNA card and did some balance transfers at 1% over the phone. Every CSR I spoke to kept saying lowering the BT rate wasn't possible, so I wonder how people were able to do it?

Still happy though, 0% until Jan 2010 is still nice and I merged my old card with the new for $15k limit now.

u need to talk to a credit analyst, well too late now i guess.

[wmahmud]

just applied for the MBNA 0%..was told that it takes 3-4 weeks to find out if approved is that true?

also wondering if approved..am I able to use this then to pay off my OSAP and then just continue paying MBNA within the 15 months...is this possible or not???

[tasamy]

I have got my citi card. They did not include any information on the rates.
Do I need to call?

[st7860]

as a reminder with the citi and mbna cards you can transfer money to your bank account. so even if you are wondering how to pay off something, it doesnt matter. first just send the money to your bank account then pay your bills the normal way.

[Matryx]

What are you guys saying when you call in to apply and what number are you guys calling for the MBNA. My CITI 0% promo is up and I need another card to do a BT.

[Halifax55]

Maybe it was a mix-up?

You need to see if the two card numbers are the same.

I was sent one card by courier after having a bit of a fit. I then received the same card weeks later.............but same name and number.

Or do I have two cards at 15K??!?!?!?!

The two cards are different numbers and have different credit limits.

[tasamy]

as a reminder with the citi and mbna cards you can transfer money to your bank account. so even if you are wondering how to pay off something, it doesnt matter. first just send the money to your bank account then pay your bills the normal way.

I have just got my card yesterday. I phoned today to activate my card and move the money. The lady told me I am approved for 0% until April 2009 and 1% fees for BT. She told me if I send you the money to your bank account, it is cash in advance and she will apply the full interest rate for a cash advance. :mad:

What should I do?

[Trooper8111]

What are you guys saying when you call in to apply and what number are you guys calling for the MBNA. My CITI 0% promo is up and I need another card to do a BT.

Read thread #1.

[angel_wing0]

I have just got my card yesterday. I phoned today to activate my card and move the money. The lady told me I am approved for 0% until April 2009 and 1% fees for BT. She told me if I send you the money to your bank account, it is cash in advance and she will apply the full interest rate for a cash advance. :mad:

What should I do?

she is lying, try another rep.

[ziploc]

Does someone know whats the monthly minimum payment for the 3.99% MBNA forever rate ???

Thx

[angel_wing0]

Does someone know whats the monthly minimum payment for the 3.99% MBNA forever rate ???

Thx

$10.

[ziploc]

$10.

Are You sure ??

I know that's the minimum for the 0% rate..
but for 3.99% it's pretty dangerous.....

because You acctually not even pay the interest (on balances above 3K) which means that You will never pay Your balance and it will even go up every month....:confused:

[Trooper8111]

Does someone know whats the monthly minimum payment for the 3.99% MBNA forever rate ???

Thx

(1)The sum of all interest rate finance charges, transaction fees, and account fees (excluding returned cheque cash advance fees and copy fees) plus $10 or (2) 2.25% of the new balance total, rounded to the nearest dollar.

Note: $10 minimum payment due is for the 0% 15 month offer MBNA card.

[ziploc]

(1)The sum of all interest rate finance charges, transaction fees, and account fees (excluding returned cheque cash advance fees and copy fees) plus $10 or (2) 2.25% of the new balance total, rounded to the nearest dollar.

Note: $10 minimum payment due is for the 0% 15 month offer MBNA card.

2.25% that sounds more realistic...
Thank You

[T3rry]

2.25% that sounds more realistic...
Thank You

when i spoke with a rep they said their interest is calculated at $10 + Interest and other financial charges

[Trooper8111]

(1)The sum of all interest rate finance charges, transaction fees, and account fees (excluding returned cheque cash advance fees and copy fees) plus $10 or (2) 2.25% of the new balance total, rounded to the nearest dollar.

Note: $10 minimum payment due is for the 0% 15 month offer MBNA card.

2.25% that sounds more realistic...
Thank You

With my 3.99% promo, it's been (1) but regularly it would be (2) without any promos.

[kleptodathief]

does anyone know if this card provides xtended warranty for laptop/computers?

[angel_wing0]

hmm no luck, seems like the citi gold 0% promo is gone from the csr system now and replaced with a 0.9% instead. Screw it going to open one next year instead :mad:

[dealdeal]

hi, guys, if I apply both of them (I will ask for balance transfer) and both approve it, which one will get my balance transfer? thank you.

[Trooper8111]

hi, guys, if I apply both of them (I will ask for balance transfer) and both approve it, which one will get my balance transfer? thank you.

I give up. Which one will get your balance transfer??!!

[casperr]

does anyone know if this card provides xtended warranty for laptop/computers?

The platinum version of both of these cards do provide that.

[angel_wing0]

hi, guys, if I apply both of them (I will ask for balance transfer) and both approve it, which one will get my balance transfer? thank you.

I give up. Which one will get your balance transfer??!!


i have no idea wtf his question means @@

[Trooper8111]

hi, guys, if I apply both of them (I will ask for balance transfer) and both approve it, which one will get my balance transfer? thank you.

http://www.xoospace.com/myspace/graphics/13810.jpg

[auto-m8]

I think he said ............."WTF" :D

[auto-m8]

hi, guys, if I apply both of them (I will ask for balance transfer) and both approve it, which one will get my balance transfer? thank you.

Just curious, Dealdeal,

You have been a member for over 2 years and this is your first post ?:confused: :confused:

[angel_wing0]

back on topic, anyone is able to call citi application center and get the 0% promo for 12 months recently?

[computer01]

Just used the BODX code and got a $15k approval. 0% for 15 months with 1% BT fee. (Will try to drop to 0.5% when I get the card.)

Nice deal - thanks for all the hard work that has gone into this thread.

[wmahmud]

how long did you wait to get a response? I called in Saturday and was told 3-4 weeks to find out..is that normal/average wait time?

[angel_wing0]

how long did you wait to get a response? I called in Saturday and was told 3-4 weeks to find out..is that normal/average wait time?

usually 2-3 weeks.

[syder]

which phone # did you guy use and which code? I just called and use both code and only got 12 month lol. I don't think the call center is in north America I couldn't barely understand the CR. Was he suppose to transfer me to another department after he take all my info? I was transfer and a automated machine came on relay all these fees and the line got cut off. I don't think my application went through. What do you guy think?

[computer01]

As per first post, I called 1-866-544-4104 at around 09:45 eastern on Thursday 18th Sept. Used code BODX and phone rep immediately identified it as 15 month MBNA 0% promo.

Called back today on 1-866-434-5393. (This number was given to me by first rep as the number to call after 5 business days to check the status of the app.) I know it has only been three days, but I called anyway. They approved me for $15,000 almost immediately.

I'm told that it's about a two to three week wait from now until the card shows up in the mail.

[gdc5]

i just recently applied and got credit for an mbna platinum plus. id like to get the 0% bt offer for 15 months as a second card to put some debt in and save on interest. what do u guys think my chances of approval are? im concerned as i recently just got that credit from them.

[Trooper8111]

i just recently applied and got credit for an mbna platinum plus. id like to get the 0% bt offer for 15 months as a second card to put some debt in and save on interest. what do u guys think my chances of approval are? im concerned as i recently just got that credit from them.

Do it ASAP, this way the hit won't be posted right away. I got approved twice for 2 different cards from MBNA within a week. I was pleasantly surprised.

[angel_wing0]

which phone # did you guy use and which code? I just called and use both code and only got 12 month lol. I don't think the call center is in north America I couldn't barely understand the CR. Was he suppose to transfer me to another department after he take all my info? I was transfer and a automated machine came on relay all these fees and the line got cut off. I don't think my application went through. What do you guy think?

this is a ymmv thing. If you don't hear what u are looking for, hang up, and call again.

[Ebtek]

I just pulled my credit bureau, as i typically do on a semi-regular basis, and noticed that MBNA only did a "soft" inquiry on my credit report before approving me for the 15k.

soft inquiry:
The following "soft" inquiries were also generated. These soft inquiries do not appear when lenders look at your file;
they are only displayed to you.


so in other words, while applying for credit typically hurts a credit score since every time it's pulled the potential to lose points off a score is apparent, the way MBNA evaluates ones (my) credit worthiness is non-intrusive

[Harpua]

My wife was approved over the phone for $10,000, and I'll be going for another $10,000 this weekend. The first person she talke dto said the 15 month deal was done, and no to the 0.5% on BT. The second person gave her the 15months and the 0.5%. So if you don'tr like what the first person you talk to is offering you, call back!

Thanks for all the work on this thread, a lot of people are saving a lot of money.

[lurker99]

Sorry, if the questions has been answered, too big to read all.

I have an mbna sony card, can I transfer the old limit to the new card?

I have an mbna starwood with $25K limit, but i only use about $1-2K. I want to keep my starwood for the points. Can I transfer some of my limit onto the new card?


I called today to find out the status of my application and it was sent yesterday. I asked about the credit limit and she said $2500 WTF!!! It should be higher. She said, since i have 2 other mbna cards, I can transfer any amount from the 2 other cards credit limit onto the new card.

[angel_wing0]

I called today to find out the status of my application and it was sent yesterday. I asked about the credit limit and she said $2500 WTF!!! It should be higher. She said, since i have 2 other mbna cards, I can transfer any amount from the 2 other cards credit limit onto the new card.

just to let u know, might take up to 5 days to transfer the limits.

[st7860]

I just pulled my credit bureau, as i typically do on a semi-regular basis, and noticed that MBNA only did a "soft" inquiry on my credit report before approving me for the 15k.

soft inquiry:
The following "soft" inquiries were also generated. These soft inquiries do not appear when lenders look at your file;
they are only displayed to you.


so in other words, while applying for credit typically hurts a credit score since every time it's pulled the potential to lose points off a score is apparent, the way MBNA evaluates ones (my) credit worthiness is non-intrusive

unless you're a bum with bad credit, a dozen hard inquiries every year means almost nothing. seriously.

[war1000]

back on topic, anyone is able to call citi application center and get the 0% promo for 12 months recently?

I would really also like to know this. My Citi promo is expiring next month and I really need to reapply for the card. Has anyone had success? Should I wait till I pay off the balance next month or should I apply now?

Thanks a lot for your answers!

[zander]

Finally got a chance to phone in to MBNA. A bit longer phone call than I anticipated with much fewer personal questions than expected (mostly just sitting there listening to muzak, but instant approval (15k; 0% 15 mths) and card promised in my mailbox in 7-10 days. Thanks OP and everyone else who contributed info here.

[spy cl]

just applied MBNA since my CITI promotion is end soon, took less than 10 minutes to complete the application, hope i get the card soon

i asked if she can tell me i got approved or not, she said it takes 5 business days... um.. strange you can get approved instantly..

[phed]

Finally got a chance to phone in to MBNA. A bit longer phone call than I anticipated with much fewer personal questions than expected (mostly just sitting there listening to muzak, but instant approval (15k; 0% 15 mths) and card promised in my mailbox in 7-10 days. Thanks OP and everyone else who contributed info here.

Which phone number did you call?
Which code did you use?
Is it possible to do the balance transfer over the phone?

Thanks in advance.

[Canuck_2005]

For those who are getting really low amounts, make sure they have the correct info. I signed up over the phone and I guess the rep had trouble hearing my postal code and it was slightly off, because of this they only approved me for $1000. (my credit score is 740 so I called them back) they corrected the mistake, and raised it to $12,500.

They then trasfered me to the person who does the balance transfer. I tried to negotiate the transfer rate and they said "Sorry that is only waived on the 2.99 or other permotions, not the 0%" He then dropped a hint and said "I can speak to my manager if you would like" and I said sure :) so he put me on hold for a minute or two and then said 0.5% is fine.

So if you are having trouble getting it waived ask to speak to a manager. And the funny thing is my promotion is for 16 months, not 15 (till January 2010)

[spy cl]

sorry, just a quick question, did you call MBNA to find out that whether you got approved for the credit card then you found out they only gave you $1000 limit or you receive the card then notice that your limit is only $1000? which number did you call to get your limit increase?

For those who are getting really low amounts, make sure they have the correct info. I signed up over the phone and I guess the rep had trouble hearing my postal code and it was slightly off, because of this they only approved me for $1000. (my credit score is 740 so I called them back) they corrected the mistake, and raised it to $12,500.

They then trasfered me to the person who does the balance transfer. I tried to negotiate the transfer rate and they said "Sorry that is only waived on the 2.99 or other permotions, not the 0%" He then dropped a hint and said "I can speak to my manager if you would like" and I said sure :) so he put me on hold for a minute or two and then said 0.5% is fine.

So if you are having trouble getting it waived ask to speak to a manager. And the funny thing is my promotion is for 16 months, not 15 (till January 2010)

[Trooper8111]

just applied MBNA since my CITI promotion is end soon, took less than 10 minutes to complete the application, hope i get the card soon

i asked if she can tell me i got approved or not, she said it takes 5 business days... um.. strange you can get approved instantly..

You can get it if you ask. They'll transfer you to a credit analyst who'll tell you on the spot. Note that they are there up to 7pm eastern.

[alanbrenton]

hi, guys, if I apply both of them (I will ask for balance transfer) and both approve it, which one will get my balance transfer? thank you.

Why not use both credit cards (MBNA and Citi) for balance transfers? Why would you apply for two when you only intend to use one credit card?

Apply on the same day so that your credit file would appear pristine to both credit card issuers.

[pargirl]

My application was not so easy, although the outcome was favourable. I actually had to fax over some of my proof of assets to the credit dep't and they gave me 20K.
I don't have bad credit, just a lot on other cards.
So, now to try and get the 1% dropped to 0.5% :)
Thanks for all of the great info!!!

[eeric114]

My sister just applied MBNA today, 0% for 15 months, it takes 3-4 weeks to receive the card form mail. she may not able to get the credit limit ($8000) as high as she want, because she reported the income for only $10000.RBC applied $8000 to her, do you thing she will still get $8000 credit limit?

[Trooper8111]

Which phone number did you call?
Which code did you use?
Is it possible to do the balance transfer over the phone?

Thanks in advance.

Check 1st thread...http://www.redflagdeals.com/forums/showthread.php?t=352003

[angel_wing0]

My sister just applied MBNA today, 0% for 15 months, it takes 3-4 weeks to receive the card form mail. she may not able to get the credit limit ($8000) as high as she want, because she reported the income for only $10000.RBC applied $8000 to her, do you thing she will still get $8000 credit limit?

even if she doesnt, just call in to request a credit raise after she activated the card.

[casperr]

That doesnt always guarantee an increase

[angel_wing0]

That doesnt always guarantee an increase

they usually will give it t u unless u have a bad credit rating, which means they shouldnt even approve u in the first place.

[eeric114]

Nice, she just worry that she doesn't get $8000 credit since she is planning to transfer $7500 from RBC!
thanks guys

[mugs_64]

So this isn't for purchases right just straight balance transfer? So if i wanna buy stuff transfer it to my bank account and then make the minimum payments.?

Another question for you wise ones. I would love to save on some interest on my student LOC, but its not open so its not like i can pay 5k on it and if i don't pay the 5k by 15months i'm kinda screw to find that money elsewhere? any suggestions?

[st7860]

yes its not for purchases. so then just transfer it to another visa card or your bank account if you don't need the money right away. apply for it anyway, since there's no annual fee. worst case earn 4% interest in a GIC, that more than pays for the 1% balance transfer fee

[phed]

My sister just applied MBNA today, 0% for 15 months, it takes 3-4 weeks to receive the card form mail.

Yes, I just did it, and the rep told me that *IF* my application is approved, I'll receive the card in 3 to 4 weeks. I asked her if she can tell me the result. She said no. I need to wait for their mailing to find out, if I am approved, I can do the balance transfer then.

Too bad, I cannot do it now.

[pete]

is it normal that if someone were to apply 2-3 weeks ago and call in to check to see if they were approved that MBNA would have no record of anything??

[war1000]

Since I already have the MBNA and CITI and CITI is expiring next month with the 0% (balance fully paid in a week), I applied again yesterday for the CITI.

From the first page:
this code still works, it says April 2009 but is good for 12 months from the date you apply. there is a 1% transaction fee.
citibank code
from 902linger, 0% for 12 months
http://www.citicards.ca/canada/cards...ccess_code=V8G

it said that it will take 3-4 weeks to process. I will report shortly.

should i call them for check?

[dracore]

Since I already have the MBNA and CITI and CITI is expiring next month with the 0% (balance fully paid in a week), I applied again yesterday for the CITI.

From the first page:


it said that it will take 3-4 weeks to process. I will report shortly.

should i call them for check?

How are you applying again? Are you asking for another CITI card? Will they let you do that?

[mugs_64]

in the sense that i want to borrow the money for different things, can i make multiple balance transfers or is only the first one 0%.

how to you get the money in your bank account do you just write the cheque to yourself or is that considered a cash advance?

[mmhassa2]

Just a question for those who got the Citi promo, is it typically really hard to get this card? I have the MBNA but want to apply for the citi....Are they harder on the limits as well?
Also I have the promor for my MBNA ending June09...can I apply for another card now..like have 2 mbna cards? Thanks

[angel_wing0]

it said that it will take 3-4 weeks to process. I will report shortly.

should i call them for check?

i donno but that promo is only up to april 2009 unless u called in. And when i call in the reps keep telling me they only have 0.9% up to april 2009..so mad.

[lurker99]

I called today to find out the status of my application and it was sent yesterday. I asked about the credit limit and she said $2500 WTF!!! It should be higher. She said, since i have 2 other mbna cards, I can transfer any amount from the 2 other cards credit limit onto the new card.

just to let u know, might take up to 5 days to transfer the limits.


Thanks for the tip. Can't wait for my new $35K card

[gdc5]

wanted to call in this week but unfortunately have not got around doing it yet, are they available tomorrow (credit analyst) who can approve me on the spot or is it a m-f business hours kind of deal?

thanks

[diigii]

I had an MBNA MasterCard in July 2001. MBNA sent me a letter notifying that inactivity in my account will be charged some sort of a non-use fee. I haven't used my card for about 3 months and it ticked me off I got some stupid letter for being fiscal prudent. So I said F#&% 'em. So I called MBNA and told them to cancel my account. When the CSR asked why, I said why would get such a stupid letter. She tried to persuade not to cancel and that they will put a note on my account. But I said I've already made up my mind. Two months after, a CSR called me and asked to re-consider. What for?? To get insulted?

[angel_wing0]

wanted to call in this week but unfortunately have not got around doing it yet, are they available tomorrow (credit analyst) who can approve me on the spot or is it a m-f business hours kind of deal?

thanks

yes m-f kinda deal.

[gdc5]

yes m-f kinda deal.

awwww booo

but thanks for the reply! ill give it a go this monday.

as for credit limits, they recently gave me 10k. is it possible to get more with a second card from them?

i make 65k gross per year
10k osap debt
14k car loan
5k cc debt
8k student line

id be ecstatic if theyd give something along the lines of 20k on the 0% bt

[angel_wing0]

awwww booo

but thanks for the reply! ill give it a go this monday.

as for credit limits, they recently gave me 10k. is it possible to get more with a second card from them?

i make 65k gross per year
10k osap debt
14k car loan
5k cc debt
8k student line

id be ecstatic if theyd give something along the lines of 20k on the 0% bt

u dont have to get a 2nd card, just talk a a cr anaylst and ask for a cr limit raise.

[m0cha]

Have any students (or anyone else working part-time) been able to obtain the 0% Mastercard from MBNA?

[gdc5]

u dont have to get a 2nd card, just talk a a cr anaylst and ask for a cr limit raise.

id like to get the 20k with 0% bt, i have a 10k platinum plus with them that i got recently at 6.99 which is great but i could use the 20k bt to park some other debts like the line while i aggressively pay them off and get out of debt. i dont want to lose the platinum plus at 6.99 though and by the time the bt ends the interest on that starts at 18.99 i believe

[angel_wing0]

id like to get the 20k with 0% bt, i have a 10k platinum plus with them that i got recently at 6.99 which is great but i could use the 20k bt to park some other debts like the line while i aggressively pay them off and get out of debt. i dont want to lose the platinum plus at 6.99 though and by the time the bt ends the interest on that starts at 18.99 i believe

not just that, the 15 months 0% will be turned to 18.99% per month for THOSE 15 MONTHS if you dont pay off the debt by the end of the promo period. So yeah be careful.

[to_munda]

I wanted to put an update but cant seem to find my earlier post.
Anyways, MBNA had offered me 1.99% +.05% fee for my existing card which I accepted. They called me today & told me that the funds cudn't be deposited to the account they have on file for me (coz I had already closed that a/c). So, I told them that I want the 0% deal.
They told me I have to apply for a new card which I said was fine. So, went thru the new app, got approved & they gonna close my old a/c & put all the limit on the new one.
They wudnt budge on the 1% fee tho. Can I still negotiate thet after getting the new card?
Thx

[Code of Conduct]

Have any students (or anyone else working part-time) been able to obtain the 0% Mastercard from MBNA?

Mention that you're a student when applying. Students pretty much automatically clear for 2k in credit.

[m0cha]

Mention that you're a student when applying. Students pretty much automatically clear for 2k in credit.

So they'll give the 0% offer to students as well? :)

[zander]

They wudnt budge on the 1% fee tho. Can I still negotiate thet after getting the new card?
Thx

From, what I've read here, that is the time to ask for it... i.e. when you're phoning in to do the actual balance transfer.

[angel_wing0]

So they'll give the 0% offer to students as well? :)

...as long as u are approved. Anyone can apply for the card.

[Code of Conduct]

They will offer the 0% to students. I double checked for some friends of mine.

[meg2006]

I called MBNA at 1-866-544-4104 today. It took me about 10min to finish the application. The rep. asked me the code on the letter. I said I didn't bring it with me. He then just started the process without asking again. he gave me a phone number to check the result after 5 days. I didn't ask for transition fee. Is it ok if I ask to reduce to 0% or 0.5% after been approved?

The CITI bank approved my application with 1% trans. fee up to April 2009. Should I cancell it? How do they caculate the 1% fee? Say if I BT $10000 for 6 months, how much would I pay for the fee? Is it a one time fee or a monthly fee?

[dracore]

The CITI bank approved my application with 1% trans. fee up to April 2009. Should I cancell it? How do they caculate the 1% fee? Say if I BT $10000 for 6 months, how much would I pay for the fee? Is it a one time fee or a monthly fee?

It is a one time fee so your first statement will have $100 (1% of the BT) + your minimum required monthly payment

[angel_wing0]

its not worth it for me so i deleted my application before they can even work on it :D

[spy cl]

what is going on with MBNA?!
applied Sep 24,
checked status Sep 29, the rep told me nothing on his computer yet
called them again today Sep 30, rep told me there in no application under this name, verified my name again and sin, nothing came out...

strange... what should I do now...
should I just wait another few days to call or should I just re-submit the application?

[Trooper8111]

what is going on with MBNA?!
applied Sep 24,
checked status Sep 29, the rep told me nothing on his computer yet
called them again today Sep 30, rep told me there in no application under this name, verified my name again and sin, nothing came out...

strange... what should I do now...
should I just wait another few days to call or should I just re-submit the application?

You probably called India where they input all the info then it's sent to MBNA Canada. You can get faster service if you call the MBNA Canada in Ottawa number 1.877.862.7759 (ask when you get through). You'll get a confirmation number after you answer all their questions.

You can ask for instant approval. You'll get transferred to a credit analyst if it's before 7pm eastern. If your profile is good, they'll approve it right away with your credit limit. Good luck.

[spy cl]

i called 1-866-544-4104 to complete my application on Sep 24
i called 1-866-434-5393 to verify the status of my application today.

You probably called India where they input all the info then it's sent to MBNA Canada. You can get faster service if you call the MBNA Canada in Ottawa number 1.877.862.7759 (ask when you get through). You'll get a confirmation number after you answer all their questions.

You can ask for instant approval. You'll get transferred to a credit analyst if it's before 7pm eastern. If your profile is good, they'll approve it right away with your credit limit. Good luck.

[gdc5]

damn i called today during office hours but i guess was forwarded to india... application was done but couldnt approve says it takes 3-5 weeks for decision or sth, seriously wtf

im calling the ottawa number tmr n see if they have my app, i wnna get instnt approval and want to know my limit already. hopefully they can do this. wish me luck.

[Jucius Maximus]

I got a Citi MC @ 0% in Feb 2008 and I used the BT money to buy a car. Now I have paid off about $6000 of what was loaned to me from Citi and other sources but I will still have a balance come next February when the 0% rate runs out.

My plan was to get an MBNA 0% for 15 months card but now the credit markets worldwide are drying up. I'm worried that come February, the MBNA offer will not be available anymore. Now this will not be a disaster for me since I still have a LOC @ P+1.25 that's well above the remaining balance and I can use that if necesasry. But I would prefer to pay 0% as opposed to P+1.25%. :cheesygri

Do you think I should sign up for the MBNA card ASAP in case they withdraw that offer? Or should I wait until my 0% on Citi MC is almost up before applying and risk the offer not being there at all?

[Trooper8111]

I got a Citi MC @ 0% in Feb 2008 and I used the BT money to buy a car. Now I have paid off about $6000 of what was loaned to me from Citi and other sources but I will still have a balance come next February but I will still have a balance come next February when the 0% rate runs out.

My plan was to get an MBNA 0% for 15 months card but now the credit markets worldwide are drying up. I'm worried that come February, the MBNA offer will not be available anymore. Now this will not be a disaster for me since I still have a LOC @ P+1.25 that's well above the remaining balance and I can use that if necesasry. But I would prefer to pay 0% as opposed to P+1.25%. :cheesygri

Do you think I should sign up for the MBNA card ASAP in case they withdraw that offer? Or should I wait until my 0% on Citi MC is almost up before applying and risk the offer not being there at all?

Apply within a couple of weeks.

[Trooper8111]

i called 1-866-544-4104 to complete my application on Sep 24
i called 1-866-434-5393 to verify the status of my application today.

Call the number on the MBNA Canada website...1.877.862.7759
http://www.mbna.ca/contact_index.html

[st7860]

I got a Citi MC @ 0% in Feb 2008 and I used the BT money to buy a car. Now I have paid off about $6000 of what was loaned to me from Citi and other sources but I will still have a balance come next February but I will still have a balance come next February when the 0% rate runs out.

My plan was to get an MBNA 0% for 15 months card but now the credit markets worldwide are drying up. I'm worried that come February, the MBNA offer will not be available anymore. Now this will not be a disaster for me since I still have a LOC @ P+1.25 that's well above the remaining balance and I can use that if necesasry. But I would prefer to pay 0% as opposed to P+1.25%. :cheesygri

Do you think I should sign up for the MBNA card ASAP in case they withdraw that offer? Or should I wait until my 0% on Citi MC is almost up before applying and risk the offer not being there at all?

even if you dont need the mbna money now get it anyway and put it into a presidents choice financial high rate savings account at 3% a year until you decide what to do with it.

[cheap_guy]

or is there now a 29$ annual fee. I go to apply from the RFD link (which says no annual fee), and when I click to see my details, it includes "Annual Fee $29.00" under card details.

Sorry, I'd opened another window with the premier rewards card link from their website and it must have set a different cookie... It worked this time

[mercurialcc]

i called 1-866-544-4104 to complete my application on Sep 24
i called 1-866-434-5393 to verify the status of my application today.

thanks

i applied 3 weeks ago and checked status today with the 1-866-434-5393 number. rep (seems to be canadian) says a decision hasn't been made yet and asks me a few more questions for instant approval. got myself 10k to start with...thanks!

[angel_wing0]

or is there now a 29$ annual fee. I go to apply from the RFD link (which says no annual fee), and when I click to see my details, it includes "Annual Fee $29.00" under card details.

Sorry, I'd opened another window with the premier rewards card link from their website and it must have set a different cookie... It worked this time
no there is NO annual fee.

[eeric114]

Wired..... funny situation here.... my sister applied MBNA last week, she called and check the status of application today, nothing is on their system.... NONE! i don't know what did the lady do last time.. so she applied it again today, she got approve for $5000 credit limit on it and she will request a credit limit increase after she gets the card.

[gdc5]

yeah called today to check status, none in their system

asked if she could do an app for me but said she only makes decisions nd cnt make apps, told me to check back in few busines days, crap, i wnt a decision now.

[angel_wing0]

anyone has any luck for the citi promo?

[computer01]

Got my 15 month 0% card and just completed the balance transfer. Rep halved the 1% fee to 0.5% so I saved $75. Every bit counts, right?

0% until Jan 2010. Sounds like a deal to me!

[angel_wing0]

0% until Jan 2010. Sounds like a GREAT deal to me!

corrected :D

[Ebtek]

Got my 15 month 0% card and just completed the balance transfer. Rep halved the 1% fee to 0.5% so I saved $75. Every bit counts, right?

0% until Jan 2010. Sounds like a deal to me!

nice!

did the rep half the BT fee at the time of application? or at the time of BT?
(sounds like they did it after you got your card in the mail and called in to do the BT. im still really disappointed that the "supervisor" said there was absolutely no way she could reduce the 1% fee - BS!)

[angel_wing0]

nice!

did the rep half the BT fee at the time of application? or at the time of BT?
(sounds like they did it after you got your card in the mail and called in to do the BT. im still really disappointed that the "supervisor" said there was absolutely no way she could reduce the 1% fee - BS!)

it has to be the time of BT, You cant do anything during your application.

[chalmers]

Applied today with the BODX code @ 1-866-544-4104. 15 months, 0% interest. Warned it would take 3-4 weeks for the card to arrive, will post with any updates.

Thanks!

[computer01]

nice!

did the rep half the BT fee at the time of application? or at the time of BT?
(sounds like they did it after you got your card in the mail and called in to do the BT. im still really disappointed that the "supervisor" said there was absolutely no way she could reduce the 1% fee - BS!)

At the time of BT after receiving the card. I had to call three times over two days to eventually get a rep who would halve the BT fee. (I had to make excuses the first two times as to why I couldn't complete the BT right there. Oh... I forgot my cheque book. Dinner's ready. Didn't want the rep making notes on the account that I was trying to get a better rate. I was almost out of ideas... I think the next one was going to be "My wife just fell down the stairs... have to go.")

Applied today with the BODX code @ 1-866-544-4104. 15 months, 0% interest. Warned it would take 3-4 weeks for the card to arrive, will post with any updates.


If you need the card faster, call back and ask them to expedite the card process. They'll FedEX the card to you. I was approved on a Tuesday and had the card that Friday. There is a $10 fee for this and you'll need to pay the $10 off the card before completing the BT, but well worth saving a several week wait in my opinion.

[cure]

My BT with Citi has just come to an end and I have repayed the sum in full. Are people successfully reapplying for the same card/BT offer from Citi? Is so, should this be done immediately, or after a certain period? If not, is there a more useful card that Citi would be willing to convert me to?

Thanx.

[st7860]

citibank has a petropoints mastercard with no annual fee that provides 2 cents a litre discount off of petro canada gas.

[rotchm]

I called MBNA at 1-866-544-4104 today. It took me about 10min to finish the application. The rep. asked me the code on the letter. I said I didn't bring it with me.

Calling that number I only get some guys automated voicemail service. No mention that I am at MBNA or anything... ? Any suggs? Thanks.

[chalmers]

Calling that number I only get some guys automated voicemail service. No mention that I am at MBNA or anything... ? Any suggs? Thanks.

Strange, I called that number and was connected immediately to a real person. Must be luck of the draw, so try calling back.

[scorpy]

I have enjoyed my bmna card using with the Bdox code for almost a year now..,
i still have a balance on it. and the 0% term will be over shortly.

what should i do?

should cancel my card now, and apply for a new one right after? while the promotion still last...

Do you guys have any other suggestions because i still need more time to pay it off.

thank you!

[jaisan]

Great deal. Is this still on?

Thanks OP!

[mmhassa2]

So it's been 7 months since I had the MBNA and I did a balance transfer for most of the money (minus the BT fee) on June. My limit is $7500, now if I ask for a limit increase how will it workout? I mean say I get another $7500, can I just do another BT? Has anyone done this and have their promotion period extended??

[angel_wing0]

Great deal. Is this still on?

Thanks OP!

yes it is.

[tsgee]

I have enjoyed my bmna card using with the Bdox code for almost a year now..,
i still have a balance on it. and the 0% term will be over shortly.

what should i do?

should cancel my card now, and apply for a new one right after? while the promotion still last...

Do you guys have any other suggestions because i still need more time to pay it off.

thank you!

Don't cancel. After your orignal deal is over, you'll have to move the balance to somewhere like a credit line. Reapply and if you are approved again, then when you call in to make the BT ask to cancel the first card and combine the credit limit to you new card. Once the BT is complete pay off the credit line.

I originally started with a $5k limit, my latest BT was for $30K less the BT fee.

[tsgee]

So it's been 7 months since I had the MBNA and I did a balance transfer for most of the money (minus the BT fee) on June. My limit is $7500, now if I ask for a limit increase how will it workout? I mean say I get another $7500, can I just do another BT? Has anyone done this and have their promotion period extended??

They may increase your limit but they probably won't extend the zero interest to your increase. Increase your limit now will work in your favour when you reapply and get a second card, this way it'll be a larger limit when you combine the cards. I started with a $5K limit increased it to $15K and then to $20K within the first year. When I reapplied they gave me a $10K, I cancelled the first card and combined the two cards.

[mmhassa2]

They may increase your limit but they probably won't extend the zero interest to your increase. Increase your limit now will work in your favour when you reapply and get a second card, this way it'll be a larger limit when you combine the cards. I started with a $5K limit increased it to $15K and then to $20K within the first year. When I reapplied they gave me a $10K, I cancelled the first card and combined the two cards.

Thanks! Just called in and the girl woouldn't extend the promo. Oh well atleast got a few thousand extra.

[HiEveryone]

just called and applied w/bdox they said to call back in 5 days to confirm and that I will get it within 3-4 weeks.

[akarimbc]

This question has been asked before, but I can't find an answer to it in any of the previous pages.

Can you ask for a balance transfer of your full limit directly to your bank account? and how is it done? Do you write a balance transfer check to yourself or can it be done over the phone? Any advice would be helpful. thanks

[T3rry]

This question has been asked before, but I can't find an answer to it in any of the previous pages.

Can you ask for a balance transfer of your full limit directly to your bank account? and how is it done? Do you write a balance transfer check to yourself or can it be done over the phone? Any advice would be helpful. thanks

phone them, tell them you want BT of the full amount to your chequing account, they'll ask you for the #'s on the cheque and give you a BT of 99% of the card (since you have to pay 1% BT fee.

[rotchm]

Calling that number I only get some guys automated voicemail service. No mention that I am at MBNA or anything... ? Any suggs? Thanks.

Again, I have been calling all day at 1-866-544-4101 and always get a lame voicemail box. I tried from different phones/providers and the same thing. I am calling from montreal. Any of you out there are getting this? What does it say when you call that #?

Thanks.

[HiEveryone]

Again, I have been calling all day at 1-866-544-4101 and always get a lame voicemail box. I tried from different phones/providers and the same thing. I am calling from montreal. Any of you out there are getting this? What does it say when you call that #?

Thanks.

i got straight through using that number

[angel_wing0]

Don't cancel. After your orignal deal is over, you'll have to move the balance to somewhere like a credit line. Reapply and if you are approved again, then when you call in to make the BT ask to cancel the first card and combine the credit limit to you new card. Once the BT is complete pay off the credit line.

I originally started with a $5k limit, my latest BT was for $30K less the BT fee.

damn i cant wait till the end of next year...aiming for 30k+ as well :D

[gdc5]

ok i did the application with india like 4-5 days ago, called a day after that. no app in system. called today, no app in system. so i acted like im pissed because its like im waiting for nothing with no reference num etc so the cr fwded me to someone to create a new app for me.

she then completed another app which was convenient since she copied over details from my previous app (i already have a card with them) and then once she was done, fwded me back to the same cr. both reps were really nice and apologized to me for the wait. he approves me for 5k and suggests he can move the limit from my other card over on to this so i can take advantage of the promo rate of 0%. now, they said the 15month 0% is not in the system anymore so i got the 0% for 12 months. i figured what the heck why not.

so maybe indias system is outdated and theyre backlogged so you wont know whats up or when your app will reach mbna canada. plus since theyre not in the system, they might even drop the app. im sure if the rep told me its not in the system then its not in the system, noone else can see what she cant see so i guess the 15 month thing is over. just 12 month now. oh and she didnt ask me for a code. that is all. just waiting for my second card now.

[blairs1]

I'm getting the same thing, I applied last Thursday, and never received a reference number. She said she was in "Toronto", but I guess that wasn't true.

No app in the system, and they are just wanting me to create a new one. Why did I apply last week? who has my information now? I'm not sure if I feel comfortable re-doing this and it getting lost again.

[Rollwith]

Only at stage one but I got through immediately with call using 1-866-544-4104.

I asked for the 0% for first 15 mth offer.

He asked me if I got an offer in the mail. I said yes.

He asked for a promo code and telephone code.

I said I only have a promo code and gave BODX. He asked again if I had a telephone code so I said no thinking "Oh oh I'm busted!"

He then preded to say OK "you can apply for the card" and went on his spiel about the wonderful benefits having a MBNA 'Platinum Plus' Mastercard.

I asked what type of credit limit might I expect and he said that would be up to the credit analyst and it will be between $5,500 and up to $100,000.

They will ask for your employment and whether you own that place that you live. How much you make and other sources of income ... blah blah.

He also asked for my Social Insurance Number which I declined to provide.

I had to ask about any fees for balance transfers and he said yes, it's 1%. I asked if that can be lowered to 0.5%. He said I will have to ask Customer Service about that during the Balance Transfer once the Credit Analyst approves what credit limit I may have.

I was told that it would take 10-15 business days and I can call 1-866-434-5393 to check status and 1-800-876-6262 for Customer Service to answer my other questions like the one about expediting the process by paying $10 for the card shipping using FedEX. Great tip from another post that I will test out next.

Just sharing with other RFDers to help out like I have been helped out.

Good luck!

[spy cl]

thanks, very useful information,

i know we don't have to provide the SIN when we apply any credit card, but when they check the credit, i think the SIN would still be showed when they do the credit check though, so the only reason they ask for SIN is because they want to verify that SIN match the one under your name...

Only at stage one but I got through immediately with call using 1-866-544-4104.

I asked for the 0% for first 15 mth offer.

He asked me if I got an offer in the mail. I said yes.

He asked for a promo code and telephone code.

I said I only have a promo code and gave BODX. He asked again if I had a telephone code so I said no thinking "Oh oh I'm busted!"

He then preded to say OK "you can apply for the card" and went on his spiel about the wonderful benefits having a MBNA 'Platinum Plus' Mastercard.

I asked what type of credit limit might I expect and he said that would be up to the credit analyst and it will be between $5,500 and up to $100,000.

They will ask for your employment and whether you own that place that you live. How much you make and other sources of income ... blah blah.

He also asked for my Social Insurance Number which I declined to provide.

I had to ask about any fees for balance transfers and he said yes, it's 1%. I asked if that can be lowered to 0.5%. He said I will have to ask Customer Service about that during the Balance Transfer once the Credit Analyst approves what credit limit I may have.

I was told that it would take 10-15 business days and I can call 1-866-434-5393 to check status and 1-800-876-6262 for Customer Service to answer my other questions like the one about expediting the process by paying $10 for the card shipping using FedEX. Great tip from another post that I will test out next.

Just sharing with other RFDers to help out like I have been helped out.

Good luck!

[Rollwith]

Actually you are right if somehow you had provided your SIN number before in the past and it got on to your credit report.

I always check my credit report via Equifax once per year and beside 'SIN:' it shows a blank for me.

The first 3 lines under 'Personal Information' will show:

'Personal Data'
'Name:' <All in caps including middle name if supplied>
'SIN:' <for me it's blank not blocked out with XXXXXXXXX>
'Date of Birth:' YYYY-MM-XX <only year and month shown not date of your birth>

Unless this information is kept somewhere else without my knowing it's not there.

Also, these credit reports are always loaded with errors so check and get them corrected in your favour.


thanks, very useful information,

i know we don't have to provide the SIN when we apply any credit card, but when they check the credit, i think the SIN would still be showed when they do the credit check though, so the only reason they ask for SIN is because they want to verify that SIN match the one under your name...

[angel_wing0]

anyone (new applicants) has any luck with the citi 0% promo for 12 months? or just 0.9% up to april 2009?

[ag2000]

anyone (new applicants) has any luck with the citi 0% promo for 12 months? or just 0.9% up to april 2009?

What is the link to the promo? All Citi links and codes in OP are expired....There is a phone number but no code...

[angel_wing0]

What is the link to the promo? All Citi links and codes in OP are expired....There is a phone number but no code...

no there is one that is still active in the op:
https://www.citibank.com/canada/cards/apps/citi/intro.jsp?access_code=V8G

but when i call in to verify for 12 months, they cant even find it...they only have 0.9% up to april 2009. And u can bet i called more than once...called like 9 times, same response EVERYTIME.

[krozet]

I just got rejected... Letter said I did not have enough revolving credit? I guess a great credit score and 100k in assets means nothing if you don't have a pocket full of plastic (I don't have a credit card).

[ag2000]

no there is one that is still active in the op:
https://www.citibank.com/canada/cards/apps/citi/intro.jsp?access_code=V8G

but when i call in to verify for 12 months, they cant even find it...they only have 0.9% up to april 2009. And u can bet i called more than once...called like 9 times, same response EVERYTIME.

Oh, I see.... However, page that comes out of that link, says "until April 2009" and I assume 0% is online only....

[miss_swan]

I just got rejected... Letter said I did not have enough revolving credit? I guess a great credit score and 100k in assets means nothing if you don't have a pocket full of plastic (I don't have a credit card).

That's about par for the course when it comes to credit.

The other thing that's very important is having a credit history ... if you don't have a history then the rest is less important to them even though it would seem you have enough positive attributes.

[st7860]

Oh, I see.... However, page that comes out of that link, says "until April 2009" and I assume 0% is online only....

its 12 months from the date you apply

[krozet]

That's about par for the course when it comes to credit.

The other thing that's very important is having a credit history ... if you don't have a history then the rest is less important to them even though it would seem you have enough positive attributes.

My bank has offered me credits cards and lines of credit for about a year (ever since my brokerage account crossed into 6 digits) but I just don't like the idea of 'debt'. Guess it just comes from my upbringing, always pay cash when I am purchasing things. I even paid cash for my last car, a one year old family sedan. Best part was since I had cash I was able to get out of some extra fee's since I was willing to walk down the street if they insisted on charging me an admin fee, transfer fee....

I guess I will just have to go too my bank on Monday and pick which credit card I want from them.

[st7860]

My bank has offered me credits cards and lines of credit for about a year (ever since my brokerage account crossed into 6 digits) but I just don't like the idea of 'debt'. Guess it just comes from my upbringing, always pay cash when I am purchasing things. I even paid cash for my last car, a one year old family sedan. Best part was since I had cash I was able to get out of some extra fee's since I was willing to walk down the street if they insisted on charging me an admin fee, transfer fee....

I guess I will just have to go too my bank on Monday and pick which credit card I want from them.

hopefully you realise that paying with cash
- exposes you to robbery
- doesn't allow you to collect points for money you're spending anyway
- doesn't help you build a credit history

[angel_wing0]

Oh, I see.... However, page that comes out of that link, says "until April 2009" and I assume 0% is online only....

exactly...well there are ppl who confirmed they got it for 12 months for 0%...guess i have to wait till next year.

[st7860]

its no annual fee anyway. even if you don't need the money yet just apply for it and get the money and buy a term deposit for 6 months or something.

[krozet]

hopefully you realise that paying with cash
- exposes you to robbery
- doesn't allow you to collect points for money you're spending anyway
- doesn't help you build a credit history

How exactly does this expose me to robbery? I'm not a moron, I don't walk around with wad's of cash in my pocket. I use debt and for large purchases I use certified cheques.

I also collect Airmiles, Aeroplan points, Optimum points.... I could maximize them with the right credit cards I suppose but up to now that hasn't been a priority for me.

I agree with you 100% about credit history, that's why I have started to look into it more. Buying everything cash just isn't an option sometimes.

I was surprised that a margin account didn't help build your credit though, it is credit so to speak.

[st7860]

How exactly does this expose me to robbery? I'm not a moron, I don't walk around with wad's of cash in my pocket. I use debt and for large purchases I use certified cheques.

I also collect Airmiles, Aeroplan points, Optimum points.... I could maximize them with the right credit cards I suppose but up to now that hasn't been a priority for me.

I agree with you 100% about credit history, that's why I have started to look into it more. Buying everything cash just isn't an option sometimes.

I was surprised that a margin account didn't help build your credit though, it is credit so to speak.


with the exception of certain ethnic restaurants and places like dollarama, most places will take credit cards anyway. and suppose you don't like counting miles - then just get either a capital one or mbna 1% rebate card with no annual fee - 1% cash back without messing around or worrying about redeeming stuff.

[angel_wing0]

its 12 months from the date you apply

i dont see anyone saying that except for the person who said his application got thrown to the side until he called.

its no annual fee anyway. even if you don't need the money yet just apply for it and get the money and buy a term deposit for 6 months or something.

yes there is a 1% bt for it. And i donno if i can apply for the same card again once the 7 months is over.

[pargirl]

anyone (new applicants) has any luck with the citi 0% promo for 12 months? or just 0.9% up to april 2009?

I just got 0% until April 2009 -- I applied online.

[angel_wing0]

I just got 0% until April 2009 -- I applied online.

i see, i wanted 12 months and afaik u have to ask on the phone for it.

[HP_John]

Is the MBNA 0% for new customers/cards only? I'm currently with MBNA but they usually only mail balance transfer offers of 5% (just finished school). Can I get 0% balance transfer on my current MBNA card? Thanks for the help.

[angel_wing0]

Can I get 0% balance transfer on my current MBNA card? Thanks for the help.

yes ANYONE can, as long as u are approved by mbna.

[767F/O]

Thanks for the thread.

I just called MBNA at 1-866-544-4104 to apply for the card.
The agent asked me for some 10 digit promo number...told her I didn't have it available. She then asked me for a promo code - I told her BODX. She said "o.k. you are applying for the 0% for 15 month introductory offer".

That was all that was required and we then went on to fill in all the application data...took about 10 minutes total. Card will come in 3 to 4 weeks. She mentioned the 1% balance transfer fee. I will try and have that lowered prior to making the transfer. I currently have a line of credit with ING and have been paying prime + 1.7%. This will save me about $2500 in interest over the 15 months if I can get approved for a high limit!!

Has anyone had any experience getting their credit limit increased??

Thanks.

I love REDFLAG!!!

[angel_wing0]

Has anyone had any experience getting their credit limit increased??

Thanks.

I love REDFLAG!!!

talk to a cr anaylst after u activated for your card for the limit increase.

[andreh]

I am a newbie here, hope this post is appropriate.

A friend of mine got approved for $20,000 in September for MBNA credit card at 1.99% for the life of the debt. I tried to find it but MNBA doesn't seem to be offering it now (or is it a stealth offering). Their minimum payment is interest + $10, which means something like 166 years to pay a $20,000 debt.

Are these deals on the level or is there a hidden catch?

It would be quite the deal to use $20,000 to buy a car at 1.99% and have 166 years to pay it off at $45 per month.

[hihawkman]

Thanks for the thread.

I just called MBNA at 1-866-544-4104 to apply for the card.
The agent asked me for some 10 digit promo number...told her I didn't have it available. She then asked me for a promo code - I told her BODX. She said "o.k. you are applying for the 0% for 15 month introductory offer".

That was all that was required and we then went on to fill in all the application data...took about 10 minutes total. Card will come in 3 to 4 weeks. She mentioned the 1% balance transfer fee. I will try and have that lowered prior to making the transfer....

Has anyone had any experience getting their credit limit increased??


Same with me. For MBNA 0% 15 months card request, I just gave the "BODX" and it was accepted. It is called the "priority code" and not the promo code! Will wait to see what credit limit I get approved with. I have another MBNA card with large limit and I read in one of the post here that I can request the credit limit increase if I get a low limit to begin with on my 0% card. I hope knowing about the other limit they could adjust the limit on the other MBNA card making it a bit lower and make my 0% card limit higher. Will see after 3-4 weeks once I get approved and call in to activate and do this negotiation.

Also, did not hear too many people having any luck with reducing the initial 1% fee for transfer so I guess they are not as flexible on that.
Keep up the good work RedFlagDeals members, and hope we are out of the credit crunch or whatever it is in US soon.

Thanks all,
Hawk

[dracore]

I am a newbie here, hope this post is appropriate.

A friend of mine got approved for $20,000 in September for MBNA credit card at 1.99% for the life of the debt. I tried to find it but MNBA doesn't seem to be offering it now (or is it a stealth offering). Their minimum payment is interest + $10, which means something like 166 years to pay a $20,000 debt.

Are these deals on the level or is there a hidden catch?

It would be quite the deal to use $20,000 to buy a car at 1.99% and have 166 years to pay it off at $45 per month.

Edit: 1.99% promotion?? Misread this as 2.99%. Did not realize they had a 1.99% for life... are you sure about that?

I have the 2.99% as well. I'm actually thinking about doing this the same way -- just not 166 yrs :) I think this might have been a limited time offer promotion? Has your friend been an MBNA member for a long time or did they just sign up as a new customer?

I got it after I upgraded to the Platinum Premiere Plus card. Have been with MBNA since '02 but stopped using their card in '04. When signed up I was offered a credit limit increase update 60K! I said I'll call back some time later when I've decided how much I need. Then last night, I spoke to their cr analyst, and they said they could only approve me up to 15k :( What they said, approx 20% of my salary. What happened to 60k!? They said since all my other credit cards did not have a high limit (I typically cap around 5-7k), and despite having a good credit history, that is all they could offer. Damn... maybe I should have said 60k to begin with.

So anyways because of that I am reworking my strategy to purchase a car...
$15k on credit... I guess I'll have to pull the rest of the money out from the bank.

The promotion is exactly as they say it is. 2.99% for the life of the LOWEST balance. Do not forget the extra 1% fee for the first month. I think the minimum is actually more than interest + $10. I was quoted for $20K that it would be around $67. Not sure if you could pay the minimum till you're old and gray... I bet that if you ever did that, that the chance that you would forget to make a payment is more likely to happen. And that's the thing... they wait for you to trip up and forget so they can void your 2.99% promotion and make you pay through the nose!

[Trooper8111]

I am a newbie here, hope this post is appropriate.

A friend of mine got approved for $20,000 in September for MBNA credit card at 1.99% for the life of the debt. I tried to find it but MNBA doesn't seem to be offering it now (or is it a stealth offering). Their minimum payment is interest + $10, which means something like 166 years to pay a $20,000 debt.

Are these deals on the level or is there a hidden catch?

It would be quite the deal to use $20,000 to buy a car at 1.99% and have 166 years to pay it off at $45 per month.

Repost http://www.redflagdeals.com/forums/showthread.php?t=618355

[angel_wing0]

I am a newbie here, hope this post is appropriate.

A friend of mine got approved for $20,000 in September for MBNA credit card at 1.99% for the life of the debt. I tried to find it but MNBA doesn't seem to be offering it now (or is it a stealth offering). Their minimum payment is interest + $10, which means something like 166 years to pay a $20,000 debt.

Are these deals on the level or is there a hidden catch?

It would be quite the deal to use $20,000 to buy a car at 1.99% and have 166 years to pay it off at $45 per month.

impressive! maybe i will try going for that once i m in my 10th year with mbna..currently my 8th going 9th!

[kellidotca]

Okay, i called to get the MBNA 0% for 15 months.. question.. the woman was really hard to understand.. but the 0% is for transactions within the first month only, right? So i have to transfer my other balances to it within the first month to get that.. if i transfer after that month, the 0% doesn't apply, yes?

[gdc5]

if you guys called india and gave BODX, they do see it as 0% for 15 months. they will complete an app with you but I dont think itll make it to canada since when i called the ottawa number, they dont have a 0% for 15months promo. only 12 months. so i dont think you can get approved by the call centre in india, correct me if im wrong. better just call canada cust service n get approved right away for 12 mos.

[angel_wing0]

Okay, i called to get the MBNA 0% for 15 months.. question.. the woman was really hard to understand.. but the 0% is for transactions within the first month only, right? So i have to transfer my other balances to it within the first month to get that.. if i transfer after that month, the 0% doesn't apply, yes?

should not be...

[spy cl]

darn!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

got instant approved over the phone by MBNA, but they are only willing to give me $5000 credit limit

what should I do?!?! Would they be able to increase the credit limit for me when I got the card?
fyi..my credit is prefect.. (although I have 4 credit card, none of that carry any balance, $0)
all my other credit card limit is $10000

[phed]

Yes, I just did it, and the rep told me that *IF* my application is approved, I'll receive the card in 3 to 4 weeks. I asked her if she can tell me the result. She said no. I need to wait for their mailing to find out, if I am approved, I can do the balance transfer then.

Too bad, I cannot do it now.

I called 1-866-434-5393 to check the status today (I applied on Sept 25), but the rep said that she cannot find my application, so she transferred me to another number/extension to apply again.

A nice lady to help me for the application. I gave the promo code BODX to her. When finished, I asked her about the promotional rate. She replied with 0% for 15 months. She then submitted my application to the MBNA credit analyst. After a moment, another nice lady (the ca) came and said that the credit bureau cannot find my history, she then asked for my sin. (the rep did not ask for my sin during the application).

Some time later, the ca said there are a couple of security questions that the bureau like to have the answer. All these questions related to my address in the past 10 years. After I answered all these questions, the ca said that I passed the security and can get my history.

After reviewing my history, the ca said that I was approved with 15K and will received the card in the mail. She also mentioned about the insurance. If I do not like the insurance, I can then cancel it.

At the end, the ca gave me a reference number and a phone number (1-888-898-1620) for me to check the status.

[angel_wing0]

what should I do?!?! Would they be able to increase the credit limit for me when I got the card?

yes...talk to a cr anaylst after u activate the card.

[spy cl]

yes...talk to a cr anaylst after u activate the card.

thanks angel_wing,
so i guess i can not ask to increase my credit limit before activate the card?

[angel_wing0]

thanks angel_wing,
so i guess i can not ask to increase my credit limit before activate the card?

thats correct.

[Lundchuss]

called 1-866-434-5393 today and chose option 1 for a new application. Gave the man my code for BODX confirmed 15 months 0%, gave him my info and then asked to be transferred to a Credit Analyst for a decision. This is key if you don’t ask to be transferred they won't and you will have to wait for a decision in the mail. I got transferred to the "Senior Credit Analyst" she verified some info double checked a few of my answers on the application and then approved me for a limit of $15k....said that i will be getting the card in 2-3 weeks or they can do a rush and fedex the card to me in 2-3 business days....

from my understanding if you call the 1-866-544-4104 you are actually calling a third party company that takes applications for MBNA and they don't have the ability to actually transfer you to a credit analyst, however if you call the 1-866-434-5393 line you are actually speaking to a MBNA rep that can transfer you through for an immediate decision. Give it a shot and see if this helps.

[rofl]

I got reply to my application on the mail today and I was only approved for $2500. What gives? I have a good credit history.

[miss_swan]

I got reply to my application on the mail today and I was only approved for $2500. What gives? I have a good credit history.

Depends on what you define "good credit history"

If you have "good credit history" you may only be approved to a certain amount because you have not demonstrated that you can "manage" a large balance.

Sounds weird I know ... but credit does not necessarily revolved around common sense ... it revolves around business sense.

[st7860]

I got reply to my application on the mail today and I was only approved for $2500. What gives? I have a good credit history.

how much did you put for annual income? you should put at least $25,000

[rofl]

I actually put down 50k for income which is true

[angel_wing0]

I actually put down 50k for income which is true

just ask them for a raise once u activated the card.

[MSBP]

I got reply to my application on the mail today and I was only approved for $2500. What gives? I have a good credit history.

means nothing, they changed mine from $2,500 to over $50,000 after I called them back

[angel_wing0]

means nothing, they changed mine from $2,500 to over $50,000 after I called them back

thats like a 20x increase...:eek:

[cure]

Should one first repay an existing MBNA BT before applying again for the card with the BT offer? If so, what time delay is in order?

[jackwest]

means nothing, they changed mine from $2,500 to over $50,000 after I called them back

Are you serious? That means $2000 in interest for you over a 12 month period.

[MSBP]

Are you serious? That means $2000 in interest for you over a 12 month period.


yes, but I am in in my 30's with a good career and assets. I have given MBNA a lot of business over the years

[angel_wing0]

Should one first repay an existing MBNA BT before applying again for the card with the BT offer? If so, what time delay is in order?

yes u should repay before applying again imo...

[sunnyd71]

yes u should repay before applying again imo...

Just to be sure is this the correct process in applying for a second 15 month offer?


Pay off old balance
Call in and apply using BODX Priority Code
When activating try to talk to a Credit Analyst and get the balance increased (optional)
when doing the BT, ask the rep to reduce or waive the 1% fee
at the time of transferring the balance to checking account, ask the rep to combine your two accounts
You will now have 0% for 15 months on the combined balance


Please let me know if I'm wrong or if clarification is necessary. Thanks!

[Sampras5211]

Just to be sure is this the correct process in applying for a second 15 month offer?


Pay off old balance
Call in and apply using BODX Priority Code
When activating try to talk to a Credit Analyst and get the balance increased (optional)
when doing the BT, ask the rep to reduce or waive the 1% fee
at the time of transferring the balance to checking account, ask the rep to combine your two accounts
You will now have 0% for 15 months on the combined balance


Please let me know if I'm wrong or if clarification is necessary. Thanks!

I still have a balance on the old card. I was approved for $12,000.00 originally and still have some to pay off yet. I wont have it all paid off before December which is when my original 15 months is up. I called and spoke with the application rep, then asked for credit analyst, he said he could bring their total exposure up to $17,000.00. He said my new card would be in the mail that day as the application was completed for the new $5000.00. I got this 15 month offer again because he said I had been diligent about paying back the old card balance.
..I wonder if I will be able to combine them both under the new 15 months
to have $17,000.00 total.

[xansmommy]

..I wonder if I will be able to combine them both under the new 15 months
to have $17,000.00 total.

yes, you will. I have already done this.

laura

[netcbc]

Any new update on Citi?

I'm an existing client and hope to get 0% again but without re-applying and taking a hit to my credit bureau.

[angel_wing0]

Any new update on Citi?

I'm an existing client and hope to get 0% again but without re-applying and taking a hit to my credit bureau.

u can only apply online for up to april 2009, if u call, they claim they dont even have the 0% promo...all my calls to the rep came with the same result :(

[netcbc]

I see, did they offer anything to you at least?

u can only apply online for up to april 2009, if u call, they claim they dont even have the 0% promo...all my calls to the rep came with the same result :(

[angel_wing0]

I see, did they offer anything to you at least?

0.9% up to april 2009 with 1% bt fee = no thanks.

[~ ccd ~]

0% for 15 months...offer is still valid !

I just applied for a new MBNA card and the nice rep gave me this promo without asking for any codes!

Now for the five day wait, to see how much I qualify for...

[angel_wing0]

0% for 15 months...offer is still valid !

I just applied for a new MBNA card and the nice rep gave me this promo without asking for any codes!

Now for the five day wait, to see how much I qualify for...

we are talking about citi....mbna is much nicer in terms of giving credit.

[netcbc]

Thanks for all the help angel, I actually called citi, i have a $0 balance and I even bluffed saying I was cancelling the card however the rep just said there's no special offers at all at this time??

Did you call a special number or ask for a specific department?

I just tried the number on the back of the card.

0.9% up to april 2009 with 1% bt fee = no thanks.

[angel_wing0]

Thanks for all the help angel, I actually called citi, i have a $0 balance and I even bluffed saying I was cancelling the card however the rep just said there's no special offers at all at this time??

Did you call a special number or ask for a specific department?

I just tried the number on the back of the card.

From the first post:
9/15/2008
new citibank number from angel_wing0 : 1-888-899-1230

Good luck, let me know if you can score the 0% for 1 year.

[Amazing2]

Dialed 1-877-862-7759.
Waited on hold for 20 seconds.
Talked to Mélanie (very polite) and gave Priority Code: BODX.
Got instant approval for $10,000.
Call lasted 6:40 sec. (cell timer).

Talk about efficency! :cheesygri

[gdc5]

question for any of you who tried the same thing, i currently have a 5000 limit platinum plus with mbna, another 10000 limit pltinum plus that im waiting for in the mail to do a 0%bt for 12 months.

id like to apply for a third card with the 3.99% for life of loan platinum plus. this will make 3 cards. their current total exposure with me is 15k. ideally id like to get a 20k life of loan card to transfer my auto loan and osap. what are my chances? i feel bad for applying for all this credit, cause really im just trying to save on interest while i snowball myself out of debt.

[dracore]

question for any of you who tried the same thing, i currently have a 5000 limit platinum plus with mbna, another 10000 limit pltinum plus that im waiting for in the mail to do a 0%bt for 12 months.

id like to apply for a third card with the 3.99% for life of loan platinum plus. this will make 3 cards. their current total exposure with me is 15k. ideally id like to get a 20k life of loan card to transfer my auto loan and osap. what are my chances? i feel bad for applying for all this credit, cause really im just trying to save on interest while i snowball myself out of debt.

I can't say how hard it will be for you to get this card with 20k limit. But for me I could only get max 15k even with a well paying job. The problem was that I never had accounts with large balances - all my credit cards I leave capped at 5-8k, I have no line of credit... so basically they couldn't trust me to have a 20k+ limit card even when having a good credit score. The only way to know is to call up their credit analyst and see what they say.

[gdc5]

yea itll be weird if i call them soon since i havent even received the second one yet and here i am harassing them for another one haha.

on the other hand i have an empty 12k limit card from citi which i use for gas every now and then just for the cashback. maybe if citi had some kind of life of loan low interest rate offer that i can take advantage of then id prefer to go that route but it seems like only mbna has all these promotional offers.

judging from this thread, the best they have is 0% until april 2009 which is not really good. i need the life of loan low interest as most of my income for the next year will be going to cover the ~15k from the bt and i cant afford to have anything left over that will trigger the 19.9% interest after the period ends. so i need an indefinite place to cap the interest at 5% or less for the rest of my debts.

[Trooper8111]

yea itll be weird if i call them soon since i havent even received the second one yet and here i am harassing them for another one haha.

I applied for 2 of their products within 1 week and got approved for both. If you do it in close proximity to the first one the hit won't show right away.

[angel_wing0]

judging from this thread, the best they have is 0% until april 2009 which is not really good.

It's worst than "not really good" since they force u to apply the 1% bt fee anyway even though it's not for 1 year. If they prorate the fee then it will be much better. Worst is u can only get 0.9% if you call! :mad:

[zander]

Quick question for those who have done a balance transfer from the MBNA 15mth/0% card to their bank account. How long did the transfer take?

Thanks in advance.

[st7860]

I applied for 2 of their products within 1 week and got approved for both. If you do it in close proximity to the first one the hit won't show right away.

you can try changing your address a bit too, such as apt to unit, or apt to room.

[superwell]

Quick question for those who have done a balance transfer from the MBNA 15mth/0% card to their bank account. How long did the transfer take?

Thanks in advance.


5 days or so

[develop]

Check your statement carefully.

I just received my first statement from MBNA , I was charged 1% instead of 0.5% for the transaction fee , when I did the balance transfer the rep agreed to reduce the fee to 0.5%, now they said it is impossible because I got the 0% interest for 15 months.
True, it is still a great deal, but get confused from different rep.

[zander]

superwell, thanks.


Check your statement carefully.

I just received my first statement from MBNA , I was charged 1% instead of 0.5% for the transaction fee , when I did the balance transfer the rep agreed to reduce the fee to 0.5%, now they said it is impossible because I got the 0% interest for 15 months.
True, it is still a great deal, but get confused from different rep.

You can also check your account online at mbna.ca (register a username and then add your account to your profile), prior to receiving the statement. I did and mine showes a 0.5% fee entry the day after the transfer was initiated.

[angel_wing0]

Check your statement carefully.

I just received my first statement from MBNA , I was charged 1% instead of 0.5% for the transaction fee , when I did the balance transfer the rep agreed to reduce the fee to 0.5%, now they said it is impossible because I got the 0% interest for 15 months.
True, it is still a great deal, but get confused from different rep.

yeah u usually get to see what u were charged right away when u registered online. That's a good thing about mbna. Well just make sure u get charged 0.5% next time when u reapply.

[Ad Rock]

So I lost my original balance transfer cheques when I moved back across the country for the summer (university) and called Citi when I got back to Ottawa to have them resend me some new BT cheques.

I finally got them in the mail today and they appear that the BT is only good until Nov. 2008? Did they just send me the wrong cheques?

Going to call in the morning, just wanted to know if anyone else has ran into something similar?

[rf134a]

MBNA 6.99% forever code (CDD8):
https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=cdd8&lc=en_CA&applicationEntryType=directMail&pid=aop

It looks like the telephone code is unique, so obviously I can't post mine. :)

Read the Ts & Cs to ensure that you have the proper link!

[T3rry]

MBNA 6.99% forever code (CDD8):
https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=cdd8&lc=en_CA&applicationEntryType=directMail&pid=aop

It looks like the telephone code is unique, so obviously I can't post mine. :)

Read the Ts & Cs to ensure that you have the proper link!

or just get the prime +0.1 from capital one....

[st7860]

MBNA 3.99% for life(on the first balance transfer)

http://s0b.bluestreak.com/ix.e?tr&s=3865337&a=7034150&u=https%3A%2F%2Fwww%2Eapplyonlinenow%2Ecom%2Fcanad a%2Fbaatcanw

[rf134a]

or just get the prime +0.1 from capital one....

Where? Prime + 0.1% is an amazing rate!

The MBNA card has a limit of up to 100k.

[casperr]

MBNA 6.99% forever code (CDD8):
https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=cdd8&lc=en_CA&applicationEntryType=directMail&pid=aop

It looks like the telephone code is unique, so obviously I can't post mine. :)

Read the Ts & Cs to ensure that you have the proper link!

You would probably need extremely great credit history before you can get this, just like the capital one's prime + .9%

[casperr]

Where? Prime + 0.1% is an amazing rate!

The MBNA card has a limit of up to 100k.

http://www.capitalone.ca/canada/cards/platinum-mastercard-prime-plus-09/index.php?external_id=WWW_ZCGPR_ZPR_ZZZZAF_ZZZMA_Z Z_ZZ_T_ZZZZ

[matdwyer]

Ok, I've read the last 40 pages on here but didn't find an answer to my question....

I have an existing Starwood mastercard that I use daily for all my expenses - and pay off every month.

I want to apply for a 0% m/c as well, but I want to keep using my starwood card for the points. Am I able to do this still, or will the payments be all messed up?

Is this possible, or will I have to switch over to my fiances spg card to keep earning points?

[xansmommy]

Ok, I've read the last 40 pages on here but didn't find an answer to my question....

I have an existing Starwood mastercard that I use daily for all my expenses - and pay off every month.

I want to apply for a 0% m/c as well, but I want to keep using my starwood card for the points. Am I able to do this still, or will the payments be all messed up?

Is this possible, or will I have to switch over to my fiances spg card to keep earning points?

They would be completely separate cards with separate accounts and numbers, there is no reason for that to mess with your payments. You would do a bt to the 0% card and stick it in a drawer for 15 months and keep using your points card as usual.

Laura

[matdwyer]

They would be completely separate cards with separate accounts and numbers, there is no reason for that to mess with your payments. You would do a bt to the 0% card and stick it in a drawer for 15 months and keep using your points card as usual.

Laura

Thank you very much! I'll go ahead and get this done then - thanks again!

[angel_wing0]

anyone have any news on the citi promo?

[gdc5]

ok update. ive been patiently waiting for my card to come so i can do my 0% bt. initially they preapproved me for 5k but suggested they can move 5k from my other card to this to make a 10k transfer limit. now i get a letter in the mail that after careful review i have sufficient revolving credit and now i cant get this considering this credit and my income. theres a number to call to tell them if anything changed on my part or something to justify getting the credit. now wat do i do? i was really hoping for it and save some interest.

so now my revolving credit looks like this:
12k citi limit (no balance)
5k mbna limit with 4.2k balance (5k moved to this supposedly new deal tht i dont have now)
700 cibc limit with no balance

if i tell them im lowering my citi limit, can this convince them to give me the 0% bt offer? any other suggestions? and if i dont get it, can they atleast give me back the rest of the 5k limit? i am pretty disappointed and upset right now...

[netcbc]

I had the MBNA and Citi 0% offers, I have paid them off I've called both companies advising I was looking to cancel the card unless they gave me another deal.

Both companies were unwilling, I'm quite surprised actually but could be because of the credit crunch, on both occasions I talked to the "senior account manager" and they still wouldn't budge. :confused: :confused:

[st7860]

don't waste your time cancelling.

its funny but well., keep the existing card. do nothing with it. there's no annual fee

instead, apply for another one. MBNA allows this.

[BTron]

instead, apply for another one. MBNA allows this.

My original BODX 15 month 0% balance transfer is expiring in January, and while I have the money to pay it off, I'd rather use the cash and keep the thing going. What's the best way to do this? Will MBNA let you transfer the BODX balance to the 3.99% for life card?

[st7860]

you can't transfer from one mbna product to another. that doesn't matter. if you want 3.99% for life then apply for that, then do a transfer to your BANK account(or another credit card). then transfer the money to your old card with the expiring 0% promo. don't cancel the card.

[BTron]

Thanks for the advice. I hear everyone saying not to cancel the original card, but won't it affect the size of limit you'll be able to get on a new one by having all this unused credit just sitting there? Is the only reason just to not knock your credit score?

[angel_wing0]

Thanks for the advice. I hear everyone saying not to cancel the original card, but won't it affect the size of limit you'll be able to get on a new one by having all this unused credit just sitting there? Is the only reason just to not knock your credit score?

just transfer the old card's limit to the new card, THEN you can cancel the old card after.

[MSBP]

Ok, I've read the last 40 pages on here but didn't find an answer to my question....

I have an existing Starwood mastercard that I use daily for all my expenses - and pay off every month.

I want to apply for a 0% m/c as well, but I want to keep using my starwood card for the points. Am I able to do this still, or will the payments be all messed up?

Is this possible, or will I have to switch over to my fiances spg card to keep earning points?

precisely what I have done

[Mista Mo]

I got approved for $20K. What is the minimum monthly payment I have to make? I recall reading somewhere in this thread that it is $20, but I think MBNA told me it something like 2-2.5% of outstanding balance. Anyone know?

[Jokerswild69]

I have 28K...and I pay min payment of $15 a month...a great deal!!

[jstaneon]

I got approved for $20K. What is the minimum monthly payment I have to make? I recall reading somewhere in this thread that it is $20, but I think MBNA told me it something like 2-2.5% of outstanding balance. Anyone know?

Usually its 3% of the outstanding balance.

[Pitbully]

Yet no one can provide a recent promo code :(

[dmitryh]

Called them today . The best they could offer was 1.99% plus transfer fee.

[casperr]

Oh this is not good. My brother was just about to apply by the end of the month

[G-Yo]

What are the typical limits for the Citibank Gold Visa ?

Has anyone recently applied for this card, and if so can you tell me what kind of limits you guys are getting ?

Thanks

[dracore]

Called them today . The best they could offer was 1.99% plus transfer fee.

1.99% for life?? that would be good

[jwscharf]

I just called and they said the BODX promo code is no longer valid. The best they could offer was 1.99% for 10 months plus 1% transfer fee. >:(

[angel_wing0]

1.99% for life?? that would be good

probably for 15 months.

What are the typical limits for the Citibank Gold Visa ?

Has anyone recently applied for this card, and if so can you tell me what kind of limits you guys are getting ?

Thanks

go for the mbna.

Citi right now only has up to april 2009 for 0% (+1% bt fee) if u apply online or 0.9% (+1% bt fee) up to april 2009 if u call.

[ERIKAAMORRIS]

I got the 15 month offer, 0% offer just now.

If anyone wonders, I never mentioned any code.
I just said I was looking at credit cards that offered low % BT options, and what could they offer me.

the CSR initially offered me the 1.99% for the life of the transfer, but then said 0% was also available, but only for 15mos.

He said there was no issue in haveing 2 MBNA MC's, as man of their clients held 4 or 5 cards.

He suggested using a permanant marker to write the "due date" on each card I held, so I wouldn't miss the dates (or pay off the worng one!)

LOL

[Hugh Jass]

I got approved for $20K. What is the minimum monthly payment I have to make? I recall reading somewhere in this thread that it is $20, but I think MBNA told me it something like 2-2.5% of outstanding balance. Anyone know?


I have 22k borrowed at 0% from MBNA and my min payment is $10.

[vr6man25]

Just wondering Erikaa, what # did you call
1-866-544-4104 or 1-877-428-6060 or something else.
do you know the csr's name you were talking to.



I got the 15 month offer, 0% offer just now.

If anyone wonders, I never mentioned any code.
I just said I was looking at credit cards that offered low % BT options, and what could they offer me.

the CSR initially offered me the 1.99% for the life of the transfer, but then said 0% was also available, but only for 15mos.

He said there was no issue in haveing 2 MBNA MC's, as man of their clients held 4 or 5 cards.

He suggested using a permanant marker to write the "due date" on each card I held, so I wouldn't miss the dates (or pay off the worng one!)

LOL

[angel_wing0]

I have 22k borrowed at 0% from MBNA and my min payment is $10.

your first payment will be the bt fee, and $10 every month until your offer ends.

[dryang]

i got 15 months 0% deal and it will be due for paying back next March. Is it possible to ask them to extend the deal for me? 1.99% or a a little higher would be nice.

[Trooper8111]

I got approved for $20K. What is the minimum monthly payment I have to make? I recall reading somewhere in this thread that it is $20, but I think MBNA told me it something like 2-2.5% of outstanding balance. Anyone know?

If it's the 0%, it's $10. If it's a promo interest rate (3.99, 2.99, or 1.99%), it's interest plus $10.

[to_munda]

I wanted to put an update but cant seem to find my earlier post.
Anyways, MBNA had offered me 1.99% +.05% fee for my existing card which I accepted. They called me today & told me that the funds cudn't be deposited to the account they have on file for me (coz I had already closed that a/c). So, I told them that I want the 0% deal.
They told me I have to apply for a new card which I said was fine. So, went thru the new app, got approved & they gonna close my old a/c & put all the limit on the new one.
They wudnt budge on the 1% fee tho. Can I still negotiate thet after getting the new card?
Thx

Got my card today. Called in to activate & was offered the Bal trfr for .5% which I cudnt resist.
:cheesygri

[Amazing2]

They just offered it to you without any haggling?! :confused:

Got my card today. Called in to activate & was offered the Bal trfr for .5% which I cudnt resist.
:cheesygri

[to_munda]

They just offered it to you without any haggling?! :confused:

Well, when I called in to activate, the guy asked me if I wanna do any bal trfr. Iasked him if I get a deal on the fee, I might. So he offered me .5% instead of 1% if I do the trfr right away for all 50k & I said yes:) .
0% int Good till Feb'10. I'm gonna put the money in High interest savings a/c.
Edit
Thx

[ERIKAAMORRIS]

Just wondering Erikaa, what # did you call
1-866-544-4104 or 1-877-428-6060 or something else.
do you know the csr's name you were talking to.


Sorry, I didn't get the name of the CSR, in fact I almost asked to speak to someone else, as he had a very strong accent which I initially didn't quite understand. I think he knew I was having trouble and spoke slower and more clear.

I had called the # that ends in 6060

[angel_wing0]

i got 15 months 0% deal and it will be due for paying back next March. Is it possible to ask them to extend the deal for me?

yes u can ask them, but no they wont extend it. Just apply for another one for 15 more months ;) :D

[Pitbully]

You guys must be getting the smart ones I keep being asked for a 10 digit code.

[rfdwatcher]

What are the typical limits for the Citibank Gold Visa ?

Has anyone recently applied for this card, and if so can you tell me what kind of limits you guys are getting ?

Thanks

I got citi gold master card last week. $5,500 limit. It is 12 months 0% interest.

[angel_wing0]

I got citi gold master card last week. $5,500 limit. It is 12 months 0% interest.

hey sorry but what number did u call? I keep getting 0.9% up to april 2009. :( Please let me know.

[rfdwatcher]

hey sorry but what number did u call? I keep getting 0.9% up to april 2009. :( Please let me know.

I applied online, with the link on the first page.
http://www.citicards.ca/canada/cards/direct/e_offer.cgi?access_code=V8G

It says 0% up to april 2009 on the page, but I actually got 0% for 12 months.

[angel_wing0]

I applied online, with the link on the first page.
http://www.citicards.ca/canada/cards/direct/e_offer.cgi?access_code=V8G

It says 0% up to april 2009 on the page, but I actually got 0% for 12 months.

FOR REAL?! i see, when i applied online the first time, the rep confirmed that it will only be up to april 2009 and hence I cancelled (i applied on a friday and cancelled on monday iirc, so no damage to credit score). I gotta apply again. Thanks for the great news.

[NUTS]

Got my card today. Called in to activate & was offered the Bal trfr for .5% which I cudnt resist.
:cheesygri

Is this the 0% 15 months MBNA card that you got, and if so when did you apply, & what was the telephone number and which code did you give them?

[Rollwith]

Has anyone done the following:

Received a new MBNA card (0% for 15 mths) and ask during activation to combine an existing MBNA (1.9% for 12 mths) with a sizable balance to the new card?

I just received my new MBNA card (0% until Feb. 2010) with a puny credit limit of $5,000. I currently have a MBNA card (1.9% until Apr. 2009) with a credit limit of $38,000 with a $37,500 balance.

Is it absolutely necessary to pay off the balance of the old MBNA card then ask for the old limit to be added to the new card? Even if I do pay off the old balance has anyone been blocked from adding a sizable old card limit to the new card? Any tips from experience?

Just want to get an idea before I try and execute this.

[Rollwith]

As mentioned, I just got my new MBNA card with the 0% for 15mth promo. Problem - the credit limit is puny at $5,000.
I would actually prefer to keep my other MBNA card with a higher limit and good rate. Has anyone been able to significantly increase their credit limit upon activation? If so, please share tips on how you did so? Also, how much more were you able to obtain?

Thanks!

[angel_wing0]

Is this the 0% 15 months MBNA card that you got, and if so when did you apply, & what was the telephone number and which code did you give them?

check the first page...

[spy cl]

crap.. just got 0% MBNA card, activated the card, spoke with credit analyist, got credit limit increased then, i called back again to do the balance transfer...

i called the number on the back of the card 1.888.877.6262, spoke with a lady, she insisted she cannot low the 1% transfer fee to 0.5%..

what number did you guys call to get 0.5% transfer fee?
thanks

[angel_wing0]

crap.. just got 0% MBNA card, activated the card, spoke with credit analyist, got credit limit increased then, i called back again to do the balance transfer...

i called the number on the back of the card 1.888.877.6262, spoke with a lady, she insisted she cannot low the 1% transfer fee to 0.5%..

what number did you guys call to get 0.5% transfer fee?
thanks

i thought i already told u, u have to talk to the credit analyst to get the 0.5% transfer.

Keep calling until u get it. Should not be more than 5 tries :D

[spy cl]

yeah.. i was confused... sorry
is there a number I can call so I can talk to the credit analyst people directly?

i thought i already told u, u have to talk to the credit analyst to get the 0.5% transfer.

Keep calling until u get it. Should not be more than 5 tries :D

[angel_wing0]

yeah.. i was confused... sorry
is there a number I can call so I can talk to the credit analyst people directly?

afaik, no. You have to call cs and have them forward u to one.

[spy cl]

i see... thanks again
so when i call, should I just ask the cs to transfer me to credit analyst people? cause i was wondering i am not asking for credit increase, would that be weird to ask credit analyst ppl to do the balance transfer?

also, what can I say if the cs ask me why I want to speak with credit analyst people? thanks for the tips!!

afaik, no. You have to call cs and have them forward u to one.

[angel_wing0]

i see... thanks again
so when i call, should I just ask the cs to transfer me to credit analyst people? cause i was wondering i am not asking for credit increase, would that be weird to ask credit analyst ppl to do the balance transfer?

also, what can I say if the cs ask me why I want to speak with credit analyst people? thanks for the tips!!

yes...who cares if it feels weird, it's not like u will probably talk to them ever again.

Hmmmm, i donno, just say regarding bt. The CS didnt ask me when i talked to them so yeah *shrugs*

[spy cl]

ha ha.. thanks
i will call them tomorrow to get this deal done, finger cross
i guess calling the number on the back of the mbna card and ask cs to tsf me to credit analyst is fine then

yes...who cares if it feels weird, it's not like u will probably talk to them ever again.

Hmmmm, i donno, just say regarding bt. The CS didnt ask me when i talked to them so yeah *shrugs*

[novagolf]

Has anyone done the following:

Received a new MBNA card (0% for 15 mths) and ask during activation to combine an existing MBNA (1.9% for 12 mths) with a sizable balance to the new card?

I just received my new MBNA card (0% until Feb. 2010) with a puny credit limit of $5,000. I currently have a MBNA card (1.9% until Apr. 2009) with a credit limit of $38,000 with a $37,500 balance.

Is it absolutely necessary to pay off the balance of the old MBNA card then ask for the old limit to be added to the new card? Even if I do pay off the old balance has anyone been blocked from adding a sizable old card limit to the new card? Any tips from experience?

Just want to get an idea before I try and execute this.

I did exactly this. I have 2 MBNA credit cards ... one has a 30K limit, fully drawn, with 0% expiring this month. My second card, which I called about 8 months ago to have created by taking 2K off my first card and moved to the second card, has no balance. I got the 2.99% for life rate offer on the 2K card so after paying off the 30K balance owing had them move that authorized limit to the 2K card to create one card with a 32K limit. I then just called and they gladly gave me the great 2.99 rate for life on the new 32K balance and I transfered the $$$ to my chequing account ... after they lowered the balance transfer fee to .5%.

Hope that helps ..... :)

I paid off the 30K, called to ask to move the

[angel_wing0]

i thought there is one that gives u 1.99% for the life of the debt? isnt that one better?

[Trooper8111]

i thought there is one that gives u 1.99% for the life of the debt? isnt that one better?

These offers are normally given to current customers who have a good credit history with MBNA and don't normally transfer balances. New customers granted 3.99%. Check out this thread for more info on the low BT for life offers http://www.redflagdeals.com/forums/showthread.php?t=618355

[angel_wing0]

These offers are normally given to current customers who have a good credit history with MBNA and don't normally transfer balances. New customers granted 3.99%. Check out this thread for more info on the low BT for life offers http://www.redflagdeals.com/forums/showthread.php?t=618355

i see thanks. I will wait till the 15 month promo is offer before i try the 0.99/1.99% for life...if i ever get the offer by mail :p (i have been with them for almost 10 years)

[casperr]

I think this 1.99% until the balance is paid off is better than 0% for 12 or 15 months if you are planning on using a lot of money and uncertain if you cant pay off everything in time.

1.99% is also a very small amount to what you can get out of that.

[st7860]

yeah.. i was confused... sorry
is there a number I can call so I can talk to the credit analyst people directly?

just ask to be forwarded to them.

[casperr]

angel, when you guys say 1.99% for life, that is for the life of the balance and not like a permanent rate forever, is it right?

[st7860]

angel, when you guys say 1.99% for life, that is for the life of the balance and not like a permanent rate forever, is it right?

does it actually matter? because during times when you don't need the money, DON'T pay it back. just put the money in PC financial high interest savings account until you have a use for the money.

[neecy2k]

Does anyone know how to actually GET this 1.99% offer if you're a new customer?

[angel_wing0]

Does anyone know how to actually GET this 1.99% offer if you're a new customer?


like very little to no chance? Settle for the 2.99%.

[Pitbully]

3.99% Better then nothing

http://www.mbna.com/canada/

[angel_wing0]

3.99% Better then nothing

http://www.mbna.com/canada/

well 2.99 is possible...

[Pitbully]

well 2.99 is possible...

Yes everyone says its possible, but no one has offered a way. I tried calling playing dumb using codes....

[angel_wing0]

Yes everyone says its possible, but no one has offered a way. I tried calling playing dumb using codes....

i see...

[iamcanadian101]

I just wanted to let everybody know that the 0% is still active.

I got 0% and got instantly approved for 15K.

[tasamy]

What is the monthly minimum payment of Citi bank card?

I got $14,500 + BT fees of $145 then paid $145 instantly ... now in their first statement, they are asking for a minimum payment of $300 ... How is that calculated?

[angel_wing0]

What is the monthly minimum payment of Citi bank card?

I got $14,500 + BT fees of $145 then paid $145 instantly ... now in their first statement, they are asking for a minimum payment of $300 ... How is that calculated?

i think u asked over your limit, if you have a limit of say $14500 u should have ask for 99% of $14500 which is $14355 so that the bt fee ($145 which comes to a total of exactly $14500) wont make u go over the limit.

That's probably the reason why the min payment is so high.

[bubble.tea]

I just wanted to let everybody know that the 0% is still active.

I got 0% and got instantly approved for 15K.

WHICH 0%??

[angel_wing0]

WHICH 0%??

has to be mbna, citi doesnt do instant approval.

[tasamy]

i think u asked over your limit, if you have a limit of say $14500 u should have ask for 99% of $14500 which is $14355 so that the bt fee ($145 which comes to a total of exactly $14500) wont make u go over the limit.

That's probably the reason why the min payment is so high.

My card limit is 15k, I asked for 14.5k. I will call them!

[tdotcitizen]

double post

[tdotcitizen]

I just wanted to let everybody know that the 0% is still active.

I got 0% and got instantly approved for 15K.


Is the 0% for 15 months from NOW or it ends some time in September 2008 (no matter when it is started) as someone had suggested?

[st7860]

its 15 months from the time you are approved.

[lovetodeal]

My card limit is 15k, I asked for 14.5k. I will call them!

My citi MC has minimum payment of 2% a month. If yours is the same and you used $14500, your minimum monthly payment will be $290.

[Trooper8111]

What is the monthly minimum payment of Citi bank card?

I got $14,500 + BT fees of $145 then paid $145 instantly ... now in their first statement, they are asking for a minimum payment of $300 ... How is that calculated?

The minimum payment for Citi 0% promo card is 2-3% of average daily balance for the month. The minimum payment for MBNA is $10 for the 0% promo.

[angel_wing0]

The minimum payment for Citi 0% promo card is 2-3% of average daily balance for the month. The minimum payment for MBNA is $10 for the 0% promo.

hmmmm, so basically the mbna steps all over the citi one...

[tasamy]

Thanks guys ... yes 2.1% if your balance is over 1k

[tasamy]

It seems I did not calculate it right from the beginning for Citi card.

I got 15K card with 0% until April 2009 1% BT 2.1% minimum payment. Got 14.5k to my bank account.

Total gain :
14.5k * 3.75/100 * (8/12) until April = 362.5
Then after tax :
362.5 * 3/4 = +271.85

Deduction:
-300 * 3.75/100/12 * (7+6+5+4+3+2+1) = -300 * 3.75/100/12 * 28 = -$26.25
BT -145
-----------------------
-$171.25

around $100 of free money ... still not sure if my calculation is correct or not! Hopefully I will not be screwed by the tax! I am posting it for feedback and helping other members!

Yes Angel_wing, MBNA is far better!

[angel_wing0]

yip but we want both :D..sadly :(

[tyau]

Still waiting for the approval and the credit limit.

Ask them nicely and they should be able to reduce from their advertised 1.9% Balance Transfer introductory rate for 6 months.

I manage to get 0% for 12 months for Balance Transfer.

So, once I am approved, I need to call the Credit Analyst to waive my Balance Transfer fee of 1%?

Anyone knows the Credit Analyst number?

Thanks.

[phed]

Well, when I called in to activate, the guy asked me if I wanna do any bal trfr. Iasked him if I get a deal on the fee, I might. So he offered me .5% instead of 1% if I do the trfr right away for all 50k & I said yes:) .
0% int Good till Feb'10. I'm gonna put the money in High interest savings a/c.
Edit
Thx

You got 50k? Lucky you.
I got 15k and would like to have 25k, but denied to 20k.
I wonder what is the minimum monthly payment.

Which bank does your High interest savings a/c at?
What is the interest rate?

Thanks!
Phed

[angel_wing0]

Still waiting for the approval and the credit limit.

Ask them nicely and they should be able to reduce from their advertised 1.9% Balance Transfer introductory rate for 6 months.

I manage to get 0% for 12 months for Balance Transfer.

So, once I am approved, I need to call the Credit Analyst to waive my Balance Transfer fee of 1%?

Anyone knows the Credit Analyst number?

Thanks.


is this for mbna or citi? :p cant help u without knowing that :D

[neecy2k]

Okay this thread is jumping all over the place between citi and mbna, so I'll set my questions out clearly:

I'd like to take advantage of the MBNA 3.99% offer if it includes that percentage (or lower if possible,) for balance transfers until the transfer is paid off.

My question is - is there a minimum percentage of the balance that must be paid each month? I currently have a Canadian Tire MC with a 3% minimum balance payment monthly and wouldn't mind seeing that cut even a little so I can pay the extra towards the principal, and get it paid down.

If everything is good - how do I get in touch with them to take advantage of the offer? Is there a code? Going to the MBNA website gives me a listing of tons of cards but not any specific ones with a 3.99% rate.

[g_goo_goo]

If you have good credit standing do you get the credit right away when you call and give them all your info... or does it still take some time to process. I want to get another one but last time I applied online took like 3-4 weeks. Also is the 0% for 15 month's still on or is it only til april 2009? How did you get it extended to 12 months?

[NUTS]

If you have good credit standing do you get the credit right away when you call and give them all your info... or does it still take some time to process. I want to get another one but last time I applied online took like 3-4 weeks. Also is the 0% for 15 month's still on or is it only til april 2009? How did you get it extended to 12 months?

This thread does jump around alot between CITI & MBNA.

To answer, the following was posted by me on the second CC thread on Redflagdeals related to CC deals ... my personal experience today c&p'd.

"weird at 11:47am this morning October 22, I called the 1-866-544-4101, spoke to a nice person in a third party card services office located in Toronto giving her the code # BODX and confirming 0% 15-months. She said she would take the application and that it would take 3-4 weeks. I said well wouldn't it be better to talk to MBNA directly ... after some chatter, I said thanks and hung up with no application taken.

I then called the 1-877-862-7757 (MBNA directly), option 1 speaking again to an agent, I asked the same question about the 0% 15-months giving the code BODX & BODW. The MBNA rep informed me the code had expired. My immediate challenge response was that I had received the offer in the mail September 5 and the offer was dated August 30 (white lie)

OK, the rep said let me take your application.

3-4 minutes, instant approval with 4-5 business days to get my cheques and card.

I asked about the BT fee & the operator confirmed 1%, which I immediately asked about. She said call CS when I get the card"


Hope this helps

[angel_wing0]

If you have good credit standing do you get the credit right away when you call and give them all your info... or does it still take some time to process. I want to get another one but last time I applied online took like 3-4 weeks.

Also is the 0% for 15 month's still on or is it only til april 2009? How did you get it extended to 12 months?

for mbna yes.

u are getting it mixed up. The mbna is for 15 months, while the citi one is up to april 2009/12 months.

[g_goo_goo]

This thread does jump around alot between CITI & MBNA.

To answer, the following was posted by me on the second CC thread on Redflagdeals related to CC deals ... my personal experience today c&p'd.

"weird at 11:47am this morning October 22, I called the 1-866-544-4101, spoke to a nice person in a third party card services office located in Toronto giving her the code # BODX and confirming 0% 15-months. She said she would take the application and that it would take 3-4 weeks. I said well wouldn't it be better to talk to MBNA directly ... after some chatter, I said thanks and hung up with no application taken.

I then called the 1-877-862-7757 (MBNA directly), option 1 speaking again to an agent, I asked the same question about the 0% 15-months giving the code BODX & BODW. The MBNA rep informed me the code had expired. My immediate challenge response was that I had received the offer in the mail September 5 and the offer was dated August 30 (white lie)

OK, the rep said let me take your application.

3-4 minutes, instant approval with 4-5 business days to get my cheques and card.

I asked about the BT fee & the operator confirmed 1%, which I immediately asked about. She said call CS when I get the card"


Hope this helps

I tried this number 1-877-862-7757 but it's invalid. What's the number to get direct to MBNA?

[Trooper8111]

Okay this thread is jumping all over the place between citi and mbna, so I'll set my questions out clearly:

I'd like to take advantage of the MBNA 3.99% offer if it includes that percentage (or lower if possible,) for balance transfers until the transfer is paid off.

My question is - is there a minimum percentage of the balance that must be paid each month? I currently have a Canadian Tire MC with a 3% minimum balance payment monthly and wouldn't mind seeing that cut even a little so I can pay the extra towards the principal, and get it paid down.

If everything is good - how do I get in touch with them to take advantage of the offer? Is there a code? Going to the MBNA website gives me a listing of tons of cards but not any specific ones with a 3.99% rate.

Once again, the minimum payment for MBNA promos is $10 plus the interest (if any). The 3.99% is on the front page of their website...http://www.mbna.ca/ but you may need to refresh the page but it should be right in the middle of the page.

It's a platinum card...https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=canw&lc=en_CA Note, that the regular interest rate is around 19.99% for BT's and 17.99% for purchases. The promo of 3.99% is applicable to any balance transfers that are done within the first 90 days after approval. Click on the terms and conditions for further legal disclosures...https://wwwa.applyonlinenow.com/CACCapp/Ctl/display?pageid=appdisc

[Trooper8111]

I tried this number 1-877-862-7757 but it's invalid. What's the number to get direct to MBNA?

Upper right...applying for card...goes directly to MBNA Canada http://www.mbna.ca/contact_index.html

1.877.862.7759

[st7860]

Applying for a Card:
1.877.862.7759
Account Servicing:
1.800.404.1319
Hearing Impaired (TTY/TTD):
1.800.872.5758

[rfdmember]

is it possible to apply for 2x 0% mbna cc's?

[G-Yo]

Did anyone manage to get the Credit Limit increased upon activation of their Citi Mastercard ?

[g_goo_goo]

is it possible to apply for 2x 0% mbna cc's?

I never tried at the same time... but I just applied and I already have one, so the guy from the credit dept said he would merge it with my new limit and I can use the whole thing at 0% for 12 months. I couldn't get the 15 month deal... because it expired.

Now to try to get the 1% transfer fee knocked down to 0.5%.

[angel_wing0]

is it possible to apply for 2x 0% mbna cc's?

why would u need that? just request a credit raise.

[matdwyer]

I never tried at the same time... but I just applied and I already have one, so the guy from the credit dept said he would merge it with my new limit and I can use the whole thing at 0% for 12 months. I couldn't get the 15 month deal... because it expired.

Now to try to get the 1% transfer fee knocked down to 0.5%.

Can someone confirm??? :( :cry:

[angel_wing0]

no way that it expired.

[Rollwith]

Thanks for clarifying how you have managed to combine the limits and put the old limit (much larger) into the new card offer. However, it does involve paying off the original balance first.

I was wondering if anyone has experience with moving the old card limit to the new card limit months after the new card has been activated. Of course, the old card has been paid off completely before making this request.

I was thinking since I already have a 1.9% rate on the previous MBNA card that I should keep it until it's closer to the promo expiration date. In the mean time, I could activate the new card, negotiate a higher card limit and reduced BT to 0.5% with a credit analyst.

Anyone with experience doing this? Am I missing something here?

I did exactly this. I have 2 MBNA credit cards ... one has a 30K limit, fully drawn, with 0% expiring this month. My second card, which I called about 8 months ago to have created by taking 2K off my first card and moved to the second card, has no balance. I got the 2.99% for life rate offer on the 2K card so after paying off the 30K balance owing had them move that authorized limit to the 2K card to create one card with a 32K limit. I then just called and they gladly gave me the great 2.99 rate for life on the new 32K balance and I transfered the $$$ to my chequing account ... after they lowered the balance transfer fee to .5%.

Hope that helps ..... :)

I paid off the 30K, called to ask to move the

[thebat88]

For those that have finished with the citi 12 month promotion, did Citi has a reminder in the 12nd month statement to indicate your 0% offer is finished?

Thanks

[BRAISKI]

I should check this out...

[Trooper8111]

For those that have finished with the citi 12 month promotion, did Citi has a reminder in the 12nd month statement to indicate your 0% offer is finished?

Thanks

It's due on the 12th billing statement. You'll pay 11 cycles then the 12th cycle you'll need to pay the balance so you don't pay any interest.

[g_goo_goo]

For those that have finished with the citi 12 month promotion, did Citi has a reminder in the 12nd month statement to indicate your 0% offer is finished?

Thanks

No they didn't remind me... which is how they make money, when you forget to pay it off. I would call them close to when you need to pay everything off and they can tell you the exact date, if you forget.

[angel_wing0]

No they didn't remind me... which is how they make money, when you forget to pay it off. I would call them close to when you need to pay everything off and they can tell you the exact date, if you forget.

indeed...nicely said.

[netwiser]

Called MBNA just now and gave the BODX code, the lady said it was expired, but then she gave me another offer for 12 months 0%, answer several questions then transfer to credit analyst and got approval for 10K. The whole process took 13 mins (cell time) and have to wait 15 days for the mail.

[angel_wing0]

seems like BODW is the new valid code.

[scorpy]

Called MBNA just now and gave the BODX code, the lady said it was expired, but then she gave me another offer for 12 months 0%, answer several questions then transfer to credit analyst and got approval for 10K. The whole process took 13 mins (cell time) and have to wait 15 days for the mail.

carp?!!! no more 15 month?!!

[sunnyminz]

I just called them and got approved for only $5000 :( for 15 months 0% interest with 1% BT fee.. the guy said they can't give me any more than that because I only have 2-3 years of credit history even though he said my credit is very good....is there anyway I can get them to increase it? also he said they wouldn't be able to reduce the BT fee...what # do I call to get that reduced?

[panda42]

What code did you give them? I just called and they said that BODX had expired and BODW requires two numbers after it? I called 1-877-476-8737

She also said I could get only 12 months 0% as 15 months had expired?

I wish they would all be on the same page?


Thanks

[angel_wing0]

I just called them and got approved for only $5000 :( for 15 months 0% interest with 1% BT fee.. the guy said they can't give me any more than that because I only have 2-3 years of credit history even though he said my credit is very good....is there anyway I can get them to increase it? also he said they wouldn't be able to reduce the BT fee...what # do I call to get that reduced?

u have to talk to a credit analyst to have your bt fee reduced and your credit limit raised. Tell the cs that u want to talk to a cr anlyst and they will forward u to one.

[Tennoh]

Another priority code I recently received is probably aimed at CapitalOne's similar promotion. Get an MNBA Platinum Plus at AIR Prime + 0.9 for life. Not just for initial balances but everything including purchases. Standard 1% transfer applies for bank transfers. Late in payment then your AIR goes up permanently. The prime rate is calculated using Canadian Prime listed on Globe & Mail website per this offers fine print.

Priority code CDFS fillable at http://www.creditrsvp.com/ or 1-877-428-6060.

[T3rry]

I just called them and got approved for only $5000 :( for 15 months 0% interest with 1% BT fee.. the guy said they can't give me any more than that because I only have 2-3 years of credit history even though he said my credit is very good....is there anyway I can get them to increase it? also he said they wouldn't be able to reduce the BT fee...what # do I call to get that reduced?

good luck getting it increased, if you don't have any history with them, they're hesitant to give you cash, i have 8 years go very good credit, I've only missed 1 payment in 8 years, and they only gave me $5000 initially, i talked to them and they said they'd put it up to $7500 for now, and i could call again after i have 6 months of good repayment with them and they can look at it again then... the lady even said i had exceptionally good credit and really thought it was unbelievable that my personal debt was so low.

[T3rry]

Another priority code I recently received is probably aimed at CapitalOne's similar promotion. Get an MNBA Platinum Plus at AIR Prime + 0.9 for life. Not just for initial balances but everything including purchases. Standard 1% transfer applies for bank transfers. Late in payment then your AIR goes up permanently. The prime rate is calculated using Canadian Prime listed on Globe & Mail website per this offers fine print.

Priority code CDFS fillable at http://www.creditrsvp.com/ or 1-877-428-6060.

just do capital one... less restrictions. it's what i use for my everyday CC.

[panda42]

What code did you give them? I just called and they said that BODX had expired and BODW requires two numbers after it? I called 1-877-862-7759 -TYPO!

She also said I could get only 12 months 0% as 15 months had expired?

I wish they would all be on the same page?


Thanks

[Tennoh]

just do capital one... less restrictions. it's what i use for my everyday CC.

And why not have both? I find CapitalOne to be less inclined to requests for credit limit adjustments. MBNA credit analysts love to give increases with a simple call. Not so with CapitalOne.

[casperr]

Another priority code I recently received is probably aimed at CapitalOne's similar promotion. Get an MNBA Platinum Plus at AIR Prime + 0.9 for life. Not just for initial balances but everything including purchases. Standard 1% transfer applies for bank transfers. Late in payment then your AIR goes up permanently. The prime rate is calculated using Canadian Prime listed on Globe & Mail website per this offers fine print.

Priority code CDFS fillable at http://www.creditrsvp.com/ or 1-877-428-6060.


I am intersted on this one. How is capitalone less restrictive than this?

[angel_wing0]

Another priority code I recently received is probably aimed at CapitalOne's similar promotion. Get an MNBA Platinum Plus at AIR Prime + 0.9 for life. Not just for initial balances but everything including purchases. Standard 1% transfer applies for bank transfers. Late in payment then your AIR goes up permanently. The prime rate is calculated using Canadian Prime listed on Globe & Mail website per this offers fine print.

Priority code CDFS fillable at http://www.creditrsvp.com/ or 1-877-428-6060.

mbna's 1.99% or 2.99% for life are better...even 3.99 is better than that.

[Tennoh]

mbna's 1.99% or 2.99% for life are better...even 3.99 is better than that.

Yes those promos are better for initial balances. After 90days? This card is good for revolving credit to replace higher rate Line of Credit accounts. The Prime + 0.9 is available when needed.

[Impossibles]

This thread is confusing.

I'm looking to buy a used car, so a 2.99% or 3.99% AIR for life of balance would be great for me. I am already a MBNA cardholder, but when I called in to 866-601-7198, they had no problem increasing my credit limit to $15k, but could only offer me 4.99% until June 2009 on a balance transfer.

What am I doing wrong?

[angel_wing0]

This thread is confusing.

I'm looking to buy a used car, so a 2.99% or 3.99% AIR for life of balance would be great for me. I am already a MBNA cardholder, but when I called in to 866-601-7198, they had no problem increasing my credit limit to $15k, but could only offer me 4.99% until June 2009 on a balance transfer.

What am I doing wrong?

how long have u been with them?

and u can actually apply it online according to the op:
https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=canw&lc=en_CA

[Impossibles]

how long have u been with them?

and u can actually apply it online according to the op:
https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=canw&lc=en_CA

Around 5 years, altough I hadn't used them in 4 years until spring when I had a small balance transfer which is almost paid off.

[T3rry]

And why not have both? I find CapitalOne to be less inclined to requests for credit limit adjustments. MBNA credit analysts love to give increases with a simple call. Not so with CapitalOne.

my mbna 0% 15 month approved for $5000, my capital one approved for almost 3 times that... just based on my credit.

[T3rry]

I am intersted on this one. How is capitalone less restrictive than this?

capital one doesn't die if you miss a payment.

[angel_wing0]

Around 5 years, altough I hadn't used them in 4 years until spring when I had a small balance transfer which is almost paid off.

i see, u should talk to a credit analyst and see if u can apply that right there with instant approval.

[g_goo_goo]

This thread is confusing.

I'm looking to buy a used car, so a 2.99% or 3.99% AIR for life of balance would be great for me. I am already a MBNA cardholder, but when I called in to 866-601-7198, they had no problem increasing my credit limit to $15k, but could only offer me 4.99% until June 2009 on a balance transfer.

What am I doing wrong?

Call in to MBNA and apply for another card 0% for 12 months or 2.99 bt for life (whatever card you want), when you talk to a rep give the promo code, tell them you want to apply for the 0% card and they will ask for your name. If you already have a card, they will know and won't have to ask you a million question, they will take the info off your old card and verify a few thing like income, do you rent or own etc. Then they will transfer you to the credit dept where someone will check your credit and give you instant credit based on your credit history. If you get something like a $5000 limit on the new card, ask them if they can merge the credit from your old card to the new one and verify with them that you're still entitled to the 0% bt for the entire limit. Most likely they will add the limit from your old card to the new limit and cancel your old card and transfer everything over.

Good luck.

[tyau]

Still waiting for the approval and the credit limit.

Ask them nicely and they should be able to reduce from their advertised 1.9% Balance Transfer introductory rate for 6 months.

I manage to get 0% for 12 months for Balance Transfer.

So, once I am approved, I need to call the Credit Analyst to waive my Balance Transfer fee of 1%?

Anyone knows the Credit Analyst number?

Thanks.

is this for mbna or citi? :p cant help u without knowing that :D

Hi angel_wing,

It is for MBNA.

Thanks.

tyau

[angel_wing0]

Hi angel_wing,

It is for MBNA.

Thanks.

tyau

for mbna, just call their csr number on the back of your card and request to speak to a cr analyst and they will forward u there.

[Newbieinvestor]

Can anyone provide me with updated information on the following.

I read this thread last year and got an MBNA 0% for 15 months with a 20K limit which I put into a GIC. The 15 months ends in December.

I just got approved for a 3.99% card with a credit limit of 10k.

Can I pay off the 20K and then move the extra 20k credit to my new 3.99%card?

Then shift the the 20k to the 3.99% card.

Thanks in advance.

[casperr]

capital one doesn't die if you miss a payment.

This would then be not a problem to me since I never ever miss any payment I need to make.

[casperr]

Some posters are so confusing.

So now I understand that the forever rate is the prime plus .9%

The 2.99, 3.99 and 4.99% they are saying for life, is just for the life of balance and not a forever rate.

[fleecy]

I made the mistake (I guess) of applying online for the MBNA 3.99% card. I guess I should have called them instead to get faster service, but how long did it take online applications to get through their approval process in you guys' experience?

[angel_wing0]

I made the mistake (I guess) of applying online for the MBNA 3.99% card. I guess I should have called them instead to get faster service, but how long did it take online applications to get through their approval process in you guys' experience?

at least 1-2 weeks...u should see if u can ask for instant approval.

[angel_wing0]

i recall seeing a rbc platinum 0.9% for 9 months on one of the ads. I dont see it now, ugh.

EDIT:

nm it was 1.9% for 9 months --*

http://img.photobucket.com/albums/v309/angel_wing0/Clipboard01.jpg

it should be posted on the op as well imo...

To apply online:
http://www.rbcroyalbank.com/services/cards/platinum.html?ASC=QDE143&ProspectID=EE5D2A47A5074BC7B4EF3166A31E710B

I wonder if there is a BT fee and what the monthly minimum payments are...

[Newbieinvestor]

i recall seeing a rbc platinum 0.9% for 9 months on one of the ads. I dont see it now, ugh.

EDIT:

nm it was 1.9% for 9 months --*

http://img.photobucket.com/albums/v309/angel_wing0/Clipboard01.jpg

it should be posted on the op as well imo...

To apply online:
http://www.rbcroyalbank.com/services/cards/platinum.html?ASC=QDE143&ProspectID=EE5D2A47A5074BC7B4EF3166A31E710B

I wonder if there is a BT fee and what the monthly minimum payments are...
There are no BT fees for the Royal Gold. You simply use one of the cheques they provide you with.

Now, anyone have an answer to transferring the 0/15 20k credit over to the 3.99 card?

[angel_wing0]

There are no BT fees for the Royal Gold. You simply use one of the cheques they provide you with.

Now, anyone have an answer to transferring the 0/15 20k credit over to the 3.99 card?

but this is a platinum not gold.

And yes u can do that once you paid off the 20k

[Newbieinvestor]

but this is a platinum not gold.

And yes u can do that once you paid off the 20k

Still no fees for if you use your provided cheques.

On some phone transactions there is a $2.50 service fee.

The transfers are done fast.

Send me a pm if you have any questions.

It's almost too easy, too attractive, but May comes quick.

[Tennoh]

Some posters are so confusing.

So now I understand that the forever rate is the prime plus .9%

The 2.99, 3.99 and 4.99% they are saying for life, is just for the life of balance and not a forever rate.

This is what I've noticed from MBNA low rate promotions. They have basically 4 options.

1. 0% for 12/15 months.
2. Low 1.99/2.99/3.99% for the life of an initial balance (within 90 days)
3. Prime + 0.9% forever.
4. Flat rate like 8/9% forever.

[Newbieinvestor]

This is what I've noticed from MBNA low rate promotions. They have basically 4 options.

1. 0% for 12/15 months.
2. Low 1.99/2.99/3.99% for the life of an initial balance (within 90 days)
3. Prime + 0.9% forever.
4. Flat rate like 8/9% forever.

I believe you are right.

[_protege_]

I've applied for the 3.99 % card to pay for my osap loan of 32 K....

Does anyone have an idea what my minimum payments would be like?

The promotion mentioned credit limits are possible up to 100K,

Has anyone gotten something like 35K, and any people with credit analyst knowledge what type of requirements someone would have to have to get the mbna 3.99 % for 32K?

Thanks

[netcbc]

Any other people have any luck renewing their Citi Cards in getting a deal?

I have $0 Balance, and they are not willing to offer me anything on a balance transfer I don't want to apply again just for a 9 month offer.

From the first post:
9/15/2008
new citibank number from angel_wing0 : 1-888-899-1230

Good luck, let me know if you can score the 0% for 1 year.

[angel_wing0]

try applying online, it is said that they will give u 12 months from the time u are approved.

[slotscanada]

I've applied for the 3.99 % card to pay for my osap loan of 32 K....

Does anyone have an idea what my minimum payments would be like?

The promotion mentioned credit limits are possible up to 100K,

Has anyone gotten something like 35K, and any people with credit analyst knowledge what type of requirements someone would have to have to get the mbna 3.99 % for 32K?

Thanks

I got approved for the 1.99% a few months back. They gave me only $5,000. What I did is moved the available credit of $25,000 over from another MBNA card, esentially giving me $30k at 1.99%. GREAT deal.

[angel_wing0]

I got approved for the 1.99% a few months back. They gave me only $5,000. What I did is moved the available credit of $25,000 over from another MBNA card, esentially giving me $30k at 1.99%. GREAT deal.

wow thats super nice...

[hoyoto]

Any other people have any luck renewing their Citi Cards in getting a deal?

I have $0 Balance, and they are not willing to offer me anything on a balance transfer I don't want to apply again just for a 9 month offer.


I renewed the citi 0% promotion once. This time I just simply canceled my card and reapply online.

[angel_wing0]

I renewed the citi 0% promotion once. This time I just simply canceled my card and reapply online.

nice, so it's possible to reapply, very nice :D

[meg2006]

OK, I got CITI 0% for 12month and no fee.

I applied for 0% about 1 month ago. After I got the card, I called to make transfer and was told it is only good through April 2009 and there is 1%fee.

So I called back to cancelll the card. The guy said my card is 0% for 12 months and no fee. SO I transfered with full amount right way. Becasue I have not received the first statement, I called this morning and was confirmed there is no fee. This afternoon I got the statement and it only shows min. payment (about 2.1% of transfered amount), no where says fees or anything else.

Am I the only one who got No fee deal recently?

[meg2006]

I also received MBNA card today, 0%, 15months. I guess there is 1%fee. I will call in the next couple of days to see if they can waive the fee for me.

[angel_wing0]

I also received MBNA card today, 0%, 15months. I guess there is 1%fee. I will call in the next couple of days to see if they can waive the fee for me.

they wont waive the fee, the best u can do is 0.5%.

[angel_wing0]

OK, I got CITI 0% for 12month and no fee.

I applied for 0% about 1 month ago. After I got the card, I called to make transfer and was told it is only good through April 2009 and there is 1%fee.

So I called back to cancelll the card. The guy said my card is 0% for 12 months and no fee. SO I transfered with full amount right way. Becasue I have not received the first statement, I called this morning and was confirmed there is no fee. This afternoon I got the statement and it only shows min. payment (about 2.1% of transfered amount), no where says fees or anything else.

Am I the only one who got No fee deal recently?

so u confirmed that it is 12 months for sure right?

[Swarez99]

Wow I really should check out the Finance hot deals forum more often, just noticed this.
I would love to get the 0% card....I currently have one card (PC Mastercard, no balance)
Looking at making a few large purchases over next few months (Laptop, TV, used car) so this could come in handy.

What is the best way to go about getting this cars, just calling in and giving the Promo Code? If I do decided to buy a car on the Card I would get the cheap interest vs the 0% and extend it out over a few years, anyone have any advice on how to take money out of the card to pay off the car if I do a private sale? I was scanning the thread and couldn't find much on cash advances etc.

Thanks

[bayerischemw]

Hi RFD members,

just wanted to share with you all that I called MBNA and BODX 0%-15 months was still valid. Although, one CSR mentioned that the BODX offer was only for 12 months. I got transferred to the Ottawa MBNA and they approved for the 15 months. Not sure if this makes a difference. Hope this helps.

[angel_wing0]

Wow I really should check out the Finance hot deals forum more often, just noticed this.
I would love to get the 0% card....I currently have one card (PC Mastercard, no balance)
Looking at making a few large purchases over next few months (Laptop, TV, used car) so this could come in handy.

What is the best way to go about getting this cars, just calling in and giving the Promo Code? If I do decided to buy a car on the Card I would get the cheap interest vs the 0% and extend it out over a few years, anyone have any advice on how to take money out of the card to pay off the car if I do a private sale? I was scanning the thread and couldn't find much on cash advances etc.

Thanks

just do a bt after u activated the card and the money will be ni your bank acc.

[g_goo_goo]

OK, I got CITI 0% for 12month and no fee.

I applied for 0% about 1 month ago. After I got the card, I called to make transfer and was told it is only good through April 2009 and there is 1%fee.

So I called back to cancelll the card. The guy said my card is 0% for 12 months and no fee. SO I transfered with full amount right way. Becasue I have not received the first statement, I called this morning and was confirmed there is no fee. This afternoon I got the statement and it only shows min. payment (about 2.1% of transfered amount), no where says fees or anything else.

Am I the only one who got No fee deal recently?

I don't think there's a transfer fee on CITI 0% (only on the MBNA). I may be incorrect on this.

The min. payment applies even if you have 0%. It's really like paying back the principle. All credit card companies require you to pay back a portion of your balance either 1-2.5% or $10 per month whichever is greater. So if you borrowed $10,000 and you're required for 1% repayment, then you have to pay $100 every month regardless if you have to pay interest or not.

[g_goo_goo]

Wow I really should check out the Finance hot deals forum more often, just noticed this.
I would love to get the 0% card....I currently have one card (PC Mastercard, no balance)
Looking at making a few large purchases over next few months (Laptop, TV, used car) so this could come in handy.

What is the best way to go about getting this cars, just calling in and giving the Promo Code? If I do decided to buy a car on the Card I would get the cheap interest vs the 0% and extend it out over a few years, anyone have any advice on how to take money out of the card to pay off the car if I do a private sale? I was scanning the thread and couldn't find much on cash advances etc.

Thanks

Get the card, call the rep. Transfer the balance to your bank account. Say if you get a 10K limit then transfer 10K to your bank account and you'll have 10K to buy your car. Don't forget to pay it back before the promotional rate expires or the interest will be pretty steep.

[angel_wing0]

Get the card, call the rep. Transfer the balance to your bank account. Say if you get a 10K limit then transfer 10K to your bank account and you'll have 10K to buy your car. Don't forget to pay it back before the promotional rate expires or the interest will be pretty steep.

u forgot the bt fee...

[angel_wing0]

I don't think there's a transfer fee on CITI 0% (only on the MBNA). I may be incorrect on this.

You are indeed incorrect. There is a 1% bt fee on citi as well.

[Swarez99]

u forgot the bt fee...

Whats the Fee on this card?? 1%??

[angel_wing0]

Whats the Fee on this card?? 1%??

yes for both mbna and citi. But as mentioned in the op, it's possible to drop the mbna bt fee to 0.5%.

[MSBP]

OK, I got CITI 0% for 12month and no fee.

I applied for 0% about 1 month ago. After I got the card, I called to make transfer and was told it is only good through April 2009 and there is 1%fee.

So I called back to cancelll the card. The guy said my card is 0% for 12 months and no fee. SO I transfered with full amount right way. Becasue I have not received the first statement, I called this morning and was confirmed there is no fee. This afternoon I got the statement and it only shows min. payment (about 2.1% of transfered amount), no where says fees or anything else.

Am I the only one who got No fee deal recently?

Can anyone else confirm they got the 0% for 12 months (I don't care if ther is a fee or not)

thanks

[angel_wing0]

Can anyone else confirm they got the 0% for 12 months (I don't care if ther is a fee or not)

thanks

yes someone confirmed already if u apply online. Even thou it said it's only until april 2009 u will atill get 12 months.

[QTheNukes]

Can anyone else confirm they got the 0% for 12 months (I don't care if ther is a fee or not)

thanks

I called today, first time the csr told me that the code is almost 2 years old and no longer valid, offered 4 months of 0%. Called again right away and received the 15 months at 0%. It sounds like BODX is finished, just they have yet to clear it from their system for some reason and csr's that don't know still give it out.

[Swarez99]

I called today, first time the csr told me that the code is almost 2 years old and no longer valid, offered 4 months of 0%. Called again right away and received the 15 months at 0%. It sounds like BODX is finished, just they have yet to clear it from their system for some reason and csr's that don't know still give it out.

What # did you call, the person didn't know anything about it when I called, also what code did you give.

[iamdogdog]

My MBNA balance(13 months has passed) is due in Dec 2008. Just wondering what to do? I have the entire balance sitting in a PCF high interest account right now.

A. Pay back the entire balance
B. Call MBNA and ask to extend period of this 0% promotion
C. Pay back and re-apply

I am wondering if anyone has success story to share on option B, so I don't have to pay the 1% BT fees again.

Thanks.

[angel_wing0]

My MBNA balance(13 months has passed) is due in Dec 2008. Just wondering what to do? I have the entire balance sitting in a PCF high interest account right now.

A. Pay back the entire balance
B. Call MBNA and ask to extend period of this 0% promotion
C. Pay back and re-apply

I am wondering if anyone has success story to share on option B, so I don't have to pay the 1% BT fees again.

Thanks.

B wont work, has to be C.

[trenton1776]

My MBNA balance(13 months has passed) is due in Dec 2008. Just wondering what to do? I have the entire balance sitting in a PCF high interest account right now.

A. Pay back the entire balance
B. Call MBNA and ask to extend period of this 0% promotion
C. Pay back and re-apply

I am wondering if anyone has success story to share on option B, so I don't have to pay the 1% BT fees again.

Thanks.

C is your best option. When you re-apply make sure you speak with Ottawa reps (ask them where they're based). Tell them the full story, that you're already a cardholder and you'd like to apply for a new one with the promo code. The should be able to approve you on the spot. Being an existing cardholder seems to help the application process.

Its worked for me and many others.

[iamdogdog]

C is your best option. When you re-apply make sure you speak with Ottawa reps (ask them where they're based). Tell them the full story, that you're already a cardholder and you'd like to apply for a new one with the promo code. The should be able to approve you on the spot. Being an existing cardholder seems to help the application process.

Its worked for me and many others.

Thanks for your quick reply, so I can't save that 1% BT fees again.

[PearlNecklace]

I called today, first time the csr told me that the code is almost 2 years old and no longer valid, offered 4 months of 0%. Called again right away and received the 15 months at 0%. It sounds like BODX is finished, just they have yet to clear it from their system for some reason and csr's that don't know still give it out.

Lol - the same thing happened to me. CSR: "that promotion is like 2 years old - where did you get that code?" Me: "I don't know - I get junk mail from you guys all the time - but this time I kept the offer". CSR:"We don't have you in our system - how could you get mail from us?" Me:"Probably asked for a rate quote on a mortgage or something a while back and my contact info is in one of your systems". I got a card - 15months (confirmed w/ her and the credit analyst I asked to be passed to) 0% 10K limit and was told the best time to increase at the same 0% was after 6months if I wanted.

[tkyoshi]

I got approved for $20K. What is the minimum monthly payment I have to make? I recall reading somewhere in this thread that it is $20, but I think MBNA told me it something like 2-2.5% of outstanding balance. Anyone know?

Citi: Around 3% of the balance
MBNA: Same, BUT if you have the 0% promo it's $10/month flat.

[angel_wing0]

Thanks for your quick reply, so I can't save that 1% BT fees again.

that's right.

[khulit]

Just called a couple of minutes ago... They asked me for a priority code, told them I don't have any, just heard about the 0% 15 month promo from someone else, and he looked for it in the system, and then proceeded with the application.

So no need to quote BDOX anymore...

[trenton1776]

Thanks for your quick reply, so I can't save that 1% BT fees again.

You may be able to reduce the 1% if you ask. I got it down to .25% (2 BTs .5% on half and 0% on the other)

[cure]

You may be able to reduce the 1% if you ask. I got it down to .25% (2 BTs .5% on half and 0% on the other)

With Citi?

[angel_wing0]

With Citi?

citi wont..has to be mbna.

[bryan35]

You may be able to reduce the 1% if you ask. I got it down to .25% (2 BTs .5% on half and 0% on the other)

First I heard of anyone getting 0% balance transfer on mbna offer.

[memphis_torus]

Question:

I got approved for the 3.99% 4-life offer (MBNA) and should be getting the card soon, can I change the offer to 0% for 15 month when I call in and activate it?

Thanks :)

[bubble.tea]

WTF, am I blind?

I just called the MBNA number thinking it was CITI., at the end of giving all my info, agent said, Thank you for calling MBNA., I was like WTF.

Anyway, I did want to apply for both CCs for the BT akshun.

Now I'm looking for the Citi number but I couldn't find it. Why is it so bloody confusing that post #1.

[bambamvan]

I received my card in April but because of other personal events never did my transfer. I had thought that the 15 months starts from the 1st balance transfer, but they said it starts when I receive the card. Is this correct? Has anyone been able to reset the start date? As it stands I can't even buy a 1yr GIC as my 0% expires in July 09.

[bubble.tea]

MBNA
...
try BODX first. call 1-866-544-4104
....
from 902linger, 0% for 12 months - Citibank Mastercard, no annual fee. 1% transaction fee
http://www.citicards.ca/canada/cards/direct/e_offer.cgi?access_code=V8G
....
9/15/2008
new citibank number from angel_wing0 : 1-888-899-1230
...
OK., FOUND IT. lol.


Just to clarify, MBNA accepted BODX fine, and it was for 15months.

I'm trying the CITI now. When I fill out the module, its not letting me enter a bt amount over 9999., I can't get the fifth digit to enter?

When applying for this via telephone any code?
I have 9 or 15K in an old citi 0% sitting that I want to transfer to a new one, is this still a big ymmv? I forget what I did when my first one expired and was setting up my second citi one. hehe I'm on my third now :).

[pogs]

Hey Folks,

My mortgage is coming up for renewal in a couple of months. I have a Citi and MBNA 0% cards. Will having these cards affect my ability to renew my mortgage? Should I pay them off asap and cancel the card?

pogs

[bubble.tea]

Just called into CITI, the 0% is dead.

only 0.9%



Online is the only way to get it-it seems....Still not sure why 9999.99 is the most able to be processed. And don't say I 'don't make enough money' lol. I filled out an app with 150,000K, and it still maxed that out to 9999.99.???

[m0cha]

I gave MBNA a call earlier today and simply mentioned I was calling about the 0% for 15 months offer. I didn't need to quote any codes or the like and they proceeded with the application.

Interestingly, after mentioning I was a student, they asked me which uni I went to, my program, and even my student number :lol:

[angel_wing0]

Just called into CITI, the 0% is dead.

only 0.9%



Online is the only way to get it-it seems....Still not sure why 9999.99 is the most able to be processed. And don't say I 'don't make enough money' lol. I filled out an app with 150,000K, and it still maxed that out to 9999.99.???

do the bt after u get/activated the card.

[bubble.tea]

I figured I'd do that. I'll have to call and consolidate my CL from my other Citi anyway, so before any BT, I'll be calling.

THank you,

[angel_wing0]

I figured I'd do that. I'll have to call and consolidate my CL from my other Citi anyway, so before any BT, I'll be calling.

THank you,

welcome, still need to wait 2 more months before i can apply...stupid 6 month rule.

[ilfsoy]

I gave MBNA a call earlier today and simply mentioned I was calling about the 0% for 15 months offer. I didn't need to quote any codes or the like and they proceeded with the application.

Interestingly, after mentioning I was a student, they asked me which uni I went to, my program, and even my student number :lol:


Good that's what I was figuring to do... just ask for the deal with no code.

Anyway dumb question. Do you have to pay off your existing MBNA MC before applying for another? I currently have under $6K at 2.99%, but would like to get in on the 0% deal. Obviously before merging the old to the new I'd have to pay it, but shouldn't really matter for applying merged credit limits and all? Gotta quit reading these threads at 3am, lol.

[Hugh Jass]

WTF, am I blind?

I just called the MBNA number thinking it was CITI., at the end of giving all my info, agent said, Thank you for calling MBNA., I was like WTF.



LMFAO !!!!

I can just imagine what went through your mind. Made me laugh, cheers :D:D

[memphis_torus]

Com'n guys

Help me out please...

I got approved for the 3.99% 4-life offer (MBNA) and should be getting the card soon, can I change the offer to 0% for 15 month when I call in and activate it?

[protectivedad]

Good that's what I was figuring to do... just ask for the deal with no code.

Anyway dumb question. Do you have to pay off your existing MBNA MC before applying for another? I currently have under $6K at 2.99%, but would like to get in on the 0% deal. Obviously before merging the old to the new I'd have to pay it, but shouldn't really matter for applying merged credit limits and all? Gotta quit reading these threads at 3am, lol.

I think it all depends on your rating, etc. I believe someone mentioned being refused on the third card because of the other two. I'd say it would improve your chances if you paid off the 6k and the proceeded.

I have a 1% cash back MBNA card that I use for renting cars (collision damaga waiver). Which is why I never took advantage of this offer because I figured I wouldn't get two cards. I applied and they sent me the second card no problem. Since I still want to use my original for car rentals, but I don't need the whole 5k limit to do that, I called and they transferred 4k limit from my existing card to my new card. So, I now have a 9k 15 month 0% and a 1k 1% cash back.

I've called three times looking to get a reduction in the transfer fees, but so far every agent has said they absolutely can not do it. When pushed they "check" with the supervisor and still come back with a no can't be done on the 0% card.

Any tips?

[rviebrock]

Thank you, to all posting in here.

Have an existing MBNA card and PC Financial, low interest period ending for PC so looked to MBNA to help out.

Called and said what could they do, they said 4.99% till april with 1% fee. ($10,000 BT)

Called back minute later to different person, said (lied) RBC could offer 3.99% till Aug. with no fee.

MBNA rep, said hold on......we can do better. 2.99% til August with 0.5% fee.

Not bad.

Thanks

[Hugh Jass]

Called back minute later to different person, said (lied) RBC could offer 3.99% till Aug. with no fee.





Having read the gazillion posts about this subject, you should've been able to get lower. Perhaps saying RBC has 1.99% ( which they keep offering my gf that has a RBC visa), might've got you 0% or .99%. But if you're happy with 3.99% that's cool.

[LuckyCharms]

So I finally applied and received my MBNA M/C - 12 months 0%. :cheesygri Took about 3-4 weeks just like they said.
Now I have a question - the minimum payment each month goes towards the principal balance....correct? Just making sure that no other type of fee will be applied to the balance.

Thanks

[hermione]

This sure looks tempting

is it harder to get approved for this card than usual? I have an ok credit rating, maybe a few slight blemishes from my younger days and I just got a regular mbna mastercard approved, do you think they'll approve me for another of their products so soon?

[angel_wing0]

So I finally applied and received my MBNA M/C - 12 months 0%. :cheesygri Took about 3-4 weeks just like they said.
Now I have a question - the minimum payment each month goes towards the principal balance....correct? Just making sure that no other type of fee will be applied to the balance.

Thanks

yes, the only fee u are paying is the bt fee.

[LuckyCharms]

Thanks angel_wing0!

[jwscharf]

Thank you for all your assistance in this thread angel wing. After getting rejected few times for the MBNA 0%/15 mos offer I called again today and finally got it. I just asked what current offers they had for balance transfers and she asks "Well, do you have a promo code?". I say that a co-worker gave me the promo code BODX that he used. She says to hang on a minute and she'll check the system and comes back with "Yep here it is, 0% for 15 months". :lol: I almost whooped it up, but remained calm. Glad I kept trying.

Thanks again for everyone's tips and assistance. You guys rock.

[sleepyguy]

Yep code still works. I just got off the phone 5mins ago went through the entire process again. Man, did they outsource it or something... I could barely comprehend the person on the other line. Great timing as I just paid off my first MBNA 0% a few days ago. -sg

OK., FOUND IT. lol.


Just to clarify, MBNA accepted BODX fine, and it was for 15months.

I'm trying the CITI now. When I fill out the module, its not letting me enter a bt amount over 9999., I can't get the fifth digit to enter?

When applying for this via telephone any code?
I have 9 or 15K in an old citi 0% sitting that I want to transfer to a new one, is this still a big ymmv? I forget what I did when my first one expired and was setting up my second citi one. hehe I'm on my third now :).

[angel_wing0]

Thank you for all your assistance in this thread angel wing. After getting rejected few times for the MBNA 0%/15 mos offer I called again today and finally got it. I just asked what current offers they had for balance transfers and she asks "Well, do you have a promo code?". I say that a co-worker gave me the promo code BODX that he used. She says to hang on a minute and she'll check the system and comes back with "Yep here it is, 0% for 15 months". :lol: I almost whooped it up, but remained calm. Glad I kept trying.

Thanks again for everyone's tips and assistance. You guys rock.

congrats...and u welcome :) ;)

[carmv4]

I just called the 1-866 # and used the BODX code without a problem. Now I just have to wait a few weeks for approval. I wish I had read this earlier because I'm being laid off tomorrow. Anybody know how that will affect my application?

[Hugh Jass]

I just called the 1-866 # and used the BODX code without a problem. Now I just have to wait a few weeks for approval. I wish I had read this earlier because I'm being laid off tomorrow. Anybody know how that will affect my application?

Approval seems to be done within a few days. Card may take a few weeks to receive.

I think you should be ok on the job front, because I think they just check on your credit file who your employer is. I don't think they (MBNA) call up.

Sorry to hear about your job loss :cry:

[angel_wing0]

well if u are approved already it should be a factor.

[dracore]

Just a heads for all of you using the cash advance cheques...

I just got my first statement and just checking over the interest rate finance charges, it appeared they were charging me double the expected amount (I precalculated beforehand). Upon further discovery and calling in to verify how they calculate the interest rate charges, I found out that the cash advance cheque I deposited was not using the 2.99% but instead was a regular cash advance cheque.

In fact, when I first upgraded to the 2.99% promotion card, I received a set of cheques in the mail. There was no mention of anything about promotion on them so I called them and specifically asked for them to send me a set of promotional cheques. A week later I received another set of cheques. Apparently these were not promotion either but I unknowingly used one of them.

Thankfully after getting them to check my call history regarding a request for the promo cheques, they made the correction to my account because they were charging me the full 17.99%!

I'm not sure why I was sent non-promotional cheques even when I specifically requested them (and yes, I was eligible) so everyone please check your statements and make sure it is the promotion rate that you are getting.

[cure]

Citi is saying no to my attempts to consolidate the credit lines of my two cards. They are not citing the eventual balance transfer as a reason, in fact they are giving no real reason.

Has anyone else run into this?

Thanx.

[ziploc]

Citi is saying no to my attempts to consolidate the credit lines of my two cards. They are not citing the eventual balance transfer as a reason, in fact they are giving no real reason.

Has anyone else run into this?

Thanx.

Lucky that You got the second card...
they refused me saying that I already have 1 Citi MCard......

I guess it depends who's analyzing your file....
and maybe with all credit problems they getting more and more strict on credt approval....

[pogs]

Lucky that You got the second card...
they refused me saying that I already have 1 Citi MCard......

I guess it depends who's analyzing your file....
and maybe with all credit problems they getting more and more strict on credt approval....

I had the same experience when my first Citi 0% card expired. I applied but was rejected via a letter. It stated that I should call such and such a number to discuss. When I talked to the agent, they said I already had a card. So I canceled the first card, and about two weeks later the new card appeared.

[angel_wing0]

citi has a gay policy which forces u to wait 6 months before u can apply for another cc if u applied before. HATE IT.

[carmv4]

Approval seems to be done within a few days. Card may take a few weeks to receive.

I think you should be ok on the job front, because I think they just check on your credit file who your employer is. I don't think they (MBNA) call up.

Sorry to hear about your job loss :cry:

Sounds good. Thanks.

[cannon_fodder]

Thanks, OP. Just finished my BT xfer and got the fee cut in half. I don't know if it has anything to do with the amount (i.e. perhaps those with larger balances will get more consideration for having their fee waived) or just a nice CSR.

Later in November, I pay off the outstanding balance of the 0%, 0% BT fee Citi promotion from 2007.

I love free money!

[howwon]

I applied for the MBNA card with 0% for 15 months BT. Application was accepted over the phone and I was advised that it will take 2-4 weeks, if approved, to get my welcome package. She would not transfer me to a credit analyst, to speed up the application process.

Number called - 1-866-544-4104
Code used - BODX

Number to call after 5 days, to check on application 1-866-434-5393
General inquiry phone number - 1-888-876-6262

The lady on the phone was obviously reading from a script, as she lost her spot a few times, when she was reading off all of the legal BS and such.

Once all of the information is taken and completed, you are asked to stay on the line for a voice message (advertising to up sell more products). At this point, once the message kicks in, you can hang up.

[angel_wing0]

She would not transfer me to a credit analyst, to speed up the application process.

The rep is such a liar...calling a credit analyst should be able to INSTANT approve your application.

[Kahads]

I applied for the MBNA card with 0% for 15 months BT. Application was accepted over the phone and I was advised that it will take 2-4 weeks, if approved, to get my welcome package.

...

Once all of the information is taken and completed, you are asked to stay on the line for a voice message (advertising to up sell more products). At this point, once the message kicks in, you can hang up.

Exactly my experience earlier today. The code BODX was accepted without hassle. And it's definitely an overseas call centre from the crazy chatter in the background and the CSR I was dealing with.

[Trooper8111]

She would not transfer me to a credit analyst, to speed up the application process.

That's because you called an outsourced company who just plugs in the info from what you give them (similar to applying online). You can dial the Ottawa number 1.877.862.7759 and give your info. If you ask for instant approval (before 7pm eastern, they will transfer you to a senior credit analyst who can approve you on the spot (even increase your limit). You may also ask for your card immediately ($10 fee) and receive it within 48 hours from FedEx. I've personally done this process twice with MBNA. They ended up waiving the second $10 fee.

[howwon]

That's because you called an outsourced company who just plugs in the info from what you give them (similar to applying online). You can dial the Ottawa number 1.877.862.7759 and give your info. If you ask for instant approval (before 7pm eastern, they will transfer you to a senior credit analyst who can approve you on the spot (even increase your limit). You may also ask for your card immediately ($10 fee) and receive it within 48 hours from FedEx. I've personally done this process twice with MBNA. They ended up waiving the second $10 fee.

Thanks for the heads up. I'll give them a call on Monday.

[Trooper8111]

Thanks for the heads up. I'll give them a call on Monday.

All the info is already in this thread 3 times over.

[joeb89]

Here's how mine went down:

Called 1st week in Oct and was approved for the 0% - 15 mos. to the tune of a 5K limit. Upon receiving aprox. 1 week later, called to validate AND consolidate an existing MBNA with a 25K limit.
That process took 1 week, I have no idea why, internal processes I guess, with the end result of a 30K card with 0% for 15 mos.
Then proceeded to do a 20K transfer directly to my checking for which they reduced the fee to .5%. The actual transfer was done on the 2nd day after the request. Only did 20K to minimize/reduce monthly payment.
Just in time to pay off a 0% CITI expiring in Nov.
So I will have had 20K out there in whatever is paying 3-4% for 27 mos. for the $100 transfer fee (CITI's was 0) and 5-6 hrs. mostly trading savings accounts. Probably $1500 to the good. Woohoo, free tv every 2 years.
Talk about maximizing your income!
With the economy in the tank, I can see the 0% (or very low) continuing for a longgggg time.

[CocaCola_Addict]

OK...here's the situation.

Already have a 0% 15-month (current balance @ $12k) due March 2009.

Got approved @ 3.99% for the life of the balance and was told the credit limit is $10k. My question is, what technique would you advice me to request for a higher credit limit? I spoke to a credit analyst earlier (because they need to confirm something) and while on the phone, I asked upon receiving my card...how can I increase my credit limit? He said, no because of my existing 0%...blah blah blah. Even though I have an above average income and good credit score.

Advice please?

Thanks.

[matdwyer]

I got disapproved :(

Income at about 7 times my current credit (3 cards, 1 mc, 1 visa, 1 store card, under 6k combined)

Self employed, if that matters.

I argued a bit with the guy, mbna always attempts to raise my credit, and I always call in and get it put down. Now I actually ask for it, and they say no! Crazy thinking they got there.

Ahhh well, guess this just means I use my own money rather than someone elses.

[howwon]

All the info is already in this thread 3 times over.

Was your last comment neccessary? This thread is two years old and 164 pages long.

Your first reply to my post was helpful as you provided a number that I was NOT aware of.

Your second reply, just makes you look like a JA.

[Trooper8111]

Your first reply to my post was helpful as you provided a number that I was NOT aware of.

If you check the last 10 pages you can get the info to get the MBNA Canada number. You can even go to mbna.ca to apply with your code. When you didn't get your answer from the agent then you could kind of figure that you didn't get their main office let alone North America. Call the number from their website and ask the person who answers if you reached the Ottawa main office.

We're all here to help but before you ask your question, try to find your answers on the thread through a search. With the thread being over 164 pages and over 2 years old, their is a lot of questions answered even in the last 10 pages.

[djayboi]

what is the most anyone has got for there lending credit line?

i got about $10k for both Citi and Mbna MC.

[dracore]

I got 15k from mbna. They refused to increase it any higher even though I have an okay job and good credit rating. I do not have a credit line (I turned down the offer from my bank a few months ago because I didn't need it yet) and all my credit cards I keep capped at 7k or so.

[silva27]

I been reading this thread and it all sounds great! I'm going to sign up right now! I will post back later :cheesygri

[NUTS]

That's because you called an outsourced company who just plugs in the info from what you give them (similar to applying online). You can dial the Ottawa number 1.877.862.7759 and give your info. If you ask for instant approval (before 7pm eastern, they will transfer you to a senior credit analyst who can approve you on the spot (even increase your limit). You may also ask for your card immediately ($10 fee) and receive it within 48 hours from FedEx. I've personally done this process twice with MBNA. They ended up waiving the second $10 fee.

Hey Trooper you seem to be very knowledgeable around this thread, especially with the MBNA cards, twice you said!

I was really interested in the post that I quoted you on here, and yes I have read all the mumbo jumbo and the zillions of questions, dialogue and almost every post related to the MBNA which is my interest-and at times the dialogue seems to go all over the place, probably because of all of the posts.

On that post of yours Trooper up top, you mentioned the instant card shipping & a fee of $10-waved.

Well for the life of me when I applied to MBNA (Ottawa) mid-morning on the 22 October (without speaking to a credit analyst) I was given instant approval & told what my limit was on the spot by the CSR, she also saying 5-business days to get the card (still waiting).

There was no offer or mention of the instant shipment of the card for a fee ... where the heck did you find that one out Trooper?

For clarity and my own piece of mind (expert knowledge required here), me being totally honestly stupid, I have a few straight up questions, so please be patient with me and please help me here.

The question(s) are this, relative to the steps (which on this thread seem to change by the minute), when I get the card, I will proceed to activate it.

1. At that very moment speaking to the CSR, if I ask them to
a) Transfer the full credit limit in full to my bank account - will it be done without question & what fees can I expect?
b) Do I ask for a wave of the whatever it is transfer fee, and if so, what am I to expect
c) last question to the CSR is 'ask to be transferred to a credit analyst' because I want to do the next step to increase the original approved credit limit.

2. The point of the credit analyst - what questions do I ask, and without getting $hit on all over

a) Do I ask for an increase on what I was approved for?
b) If so what are the chances and what criteria is used to get an increase?
c) -or- is there some point in time that I can get the increase, or is it immediately possible on activation?

3. On that so called minimum monthly payment on the 0%/15 months.
a) I have read on here that its only $10 - is that for real, even when transfering the full credit approved for to my bank account, or, will it only happen when writing the cheque for the full amount?
b) Now at that point in time 13-months down the road, the payback time is getting real close, and I really do not want to pay them back. What are my options to roll this. Suggest a method please.

A million thanks Trooper!

Real life answers please, from those that have actually done it - anyone

[Sand]

If you check the last 10 pages you can get the info to get the MBNA Canada number. You can even go to mbna.ca to apply with your code. When you didn't get your answer from the agent then you could kind of figure that you didn't get their main office let alone North America. Call the number from their website and ask the person who answers if you reached the Ottawa main office.

We're all here to help but before you ask your question, try to find your answers on the thread through a search. With the thread being over 164 pages and over 2 years old, their is a lot of questions answered even in the last 10 pages.


Link for the MBNA 0% for 15 months ?

Thank you.

[Trooper8111]

There was no offer or mention of the instant shipment of the card for a fee ... where the heck did you find that one out Trooper

The Sr credit analyst gave me instant approval for 10K after which I went hmmm, I was hoping for more. After looking over my file again, she doubled the limit and asked if that was better. I told her that I need the money right away and asked if there was a way to get the card faster (you can't do the balance transfer without the card). That's when she told me about it being FedEx'ed for $10.

Waiving fees are easier with higher balance transfers (+$10K) so it would be easier to ask for a credit limit increase at this time. Therefore, ask for the increase before you do any transfers. Bigger commissions on balance transfers for the agents mean they are more open to lower the fees. Even if they don't lower the BT transfer fee, it still is a sweet deal.

Basically, remember that you are the client and they will do what they can to get your business. I asked for the instant approval, limit increase, and quicker shipping when I was on the phone with the sr credit analyst. I figured they have more pull than the csr's and they did. Never hurts to ask.

[Trooper8111]

Link for the MBNA 0% for 15 months ?

Thank you.

Call the number at the top right hand corner with your code. You can't apply online with the code.

http://mbna.ca/contact_index.html

[g_goo_goo]

Hey Trooper you seem to be very knowledgeable around this thread, especially with the MBNA cards, twice you said!

I was really interested in the post that I quoted you on here, and yes I have read all the mumbo jumbo and the zillions of questions, dialogue and almost every post related to the MBNA which is my interest-and at times the dialogue seems to go all over the place, probably because of all of the posts.

On that post of yours Trooper up top, you mentioned the instant card shipping & a fee of $10-waved.

Well for the life of me when I applied to MBNA (Ottawa) mid-morning on the 22 October (without speaking to a credit analyst) I was given instant approval & told what my limit was on the spot by the CSR, she also saying 5-business days to get the card (still waiting).

There was no offer or mention of the instant shipment of the card for a fee ... where the heck did you find that one out Trooper?

For clarity and my own piece of mind (expert knowledge required here), me being totally honestly stupid, I have a few straight up questions, so please be patient with me and please help me here.

The question(s) are this, relative to the steps (which on this thread seem to change by the minute), when I get the card, I will proceed to activate it.

1. At that very moment speaking to the CSR, if I ask them to
a) Transfer the full credit limit in full to my bank account - will it be done without question & what fees can I expect?
b) Do I ask for a wave of the whatever it is transfer fee, and if so, what am I to expect
c) last question to the CSR is 'ask to be transferred to a credit analyst' because I want to do the next step to increase the original approved credit limit.

2. The point of the credit analyst - what questions do I ask, and without getting $hit on all over

a) Do I ask for an increase on what I was approved for?
b) If so what are the chances and what criteria is used to get an increase?
c) -or- is there some point in time that I can get the increase, or is it immediately possible on activation?

3. On that so called minimum monthly payment on the 0%/15 months.
a) I have read on here that its only $10 - is that for real, even when transfering the full credit approved for to my bank account, or, will it only happen when writing the cheque for the full amount?
b) Now at that point in time 13-months down the road, the payback time is getting real close, and I really do not want to pay them back. What are my options to roll this. Suggest a method please.

A million thanks Trooper!

Real life answers please, from those that have actually done it - anyone

It's been my 4th time getting 0% or low interest cards with MBNA and CITI. Let me try to answer your questions.

1
a) The CSR will proceed with transferring the whole balance - BT fees if you ask them to when you activate your card - have a blank cheque ready to give them the account number to transfer to. They will read you a bunch of disclaimers blah blah blah, should you fail to make your payment your interest will be defaulted to 19.9% etc etc. And that's it!!! about 5-7 days you'll see the amount in your bank account.
b) The CSR will not waive the 1% transfer fee on 0% 12-15 month deals. I tried to ask them to waive but they couldn't... maybe a cr analyst can do it BUT the CSR WILL NOT. You can try and let me know.
c) Yes, you can speak to a cr analyst to increase you cr limit... Not always successful, YMMV

2 can't answer these question but I do know that they can up your limit automatically as time goes by

3
a) no it's not only $10 if you have a balance on the card, it's minimum $10. It's more like .5-3.5% depends on your card. To give you an example on 10K it's like $138.
b) you should apply for another card (even from another company), once approved, transfer you balance over. REMEMBER IF YOU DON'T REPAY THE ENTIRE BALANCE YOU'RE INTEREST GOES TO 19.9% (or whatever) SO PAY BACK BEFORE IT EXPIRES (use your line of credit or another credit card with lower interest if you have to)

Good Luck!

[g_goo_goo]

The Sr credit analyst gave me instant approval for 10K after which I went hmmm, I was hoping for more. After looking over my file again, she doubled the limit and asked if that was better. I told her that I need the money right away and asked if there was a way to get the card faster (you can't do the balance transfer without the card). That's when she told me about it being FedEx'ed for $10.

Waiving fees are easier with higher balance transfers (+$10K) so it would be easier to ask for a credit limit increase at this time. Therefore, ask for the increase before you do any transfers. Bigger commissions on balance transfers for the agents mean they are more open to lower the fees. Even if they don't lower the BT transfer fee, it still is a sweet deal.

Basically, remember that you are the client and they will do what they can to get your business. I asked for the instant approval, limit increase, and quicker shipping when I was on the phone with the sr credit analyst. I figured they have more pull than the csr's and they did. Never hurts to ask.

What kinda sweet talking did you get because I tried a bunch of times and they didn't increase my limit as well, did over 10K BT transfer and did not get the fees reduced.

[NUTS]

Trooper & g_goo, many thanks for answering & filling the blanks above

I shall take those points and see if they work for me when I get my MBNA card, hopefully within this next coming week.

Will keep y'all posted

[protectivedad]

3
a) no it's not only $10 if you have a balance on the card, it's minimum $10. It's more like .5-3.5% depends on your card. To give you an example on 10K it's like $138.


The "Account Agreement" of the MBNA 15 mth 0% card I received says:
"The Current Payment Due each billing cycle will be the lesser of: (1) the sum, rounded down to the nearest dollar, of all {paraphrase} 'fees' plus $10; or (2) 2.25% of the New Balance Total; rounded down . . ."

So the minimum the first month should be $10 + balance transfer fees, and every month from then till the end of the promo $10.

You mention that this is the 4th time you've received the 0% promo, so I guess you're cards were different, or the "Account Agreement" has changed.

[Trooper8111]

a) no it's not only $10 if you have a balance on the card, it's minimum $10. It's more like .5-3.5% depends on your card. To give you an example on 10K it's like $138.

It's $10 for MBNA with the 0% promo (unless you used it other than a BT). The first bill will be the BT fee plus $10. Then $10 subsequently after that.

Citibank charges 2-2.5% of the balance owing.

[angel_wing0]

from angel_wing0
1.9% for 9 months - Royal Bank Visa, no annual fee
http://www.rbcroyalbank.com/services/cards/platinum.html?ASC=QDE143&ProspectID=EE5D2A47A5074BC7B4EF3166A31E710B

thanks op, i m going to call royal tmr and see how the minimum payment works, if there is instant approval and bt fees and so on so u can update this :)

There's also a Gold card version with the same terms (the one above is the platinum):
http://www.rbcroyalbank.com/services/cards/rwd_gold.html?ASC=UDE020&ProspectID=43B53F701F814F37BB90BB2E632AA4B8

i guess the major difference is the rbc reward pts.

[El Baz]

I got disapproved :(

Income at about 7 times my current credit (3 cards, 1 mc, 1 visa, 1 store card, under 6k combined)

Self employed, if that matters.

I argued a bit with the guy, mbna always attempts to raise my credit, and I always call in and get it put down. Now I actually ask for it, and they say no! Crazy thinking they got there.

Ahhh well, guess this just means I use my own money rather than someone elses.

The key is to inflate your income. The credit analysts there do not do employment verifications. Inflate your income but don't exaggerate and your good. You could also say you have additional household income (spouse, 2nd job, etc..). That can be inflated as well since they cannot add co-applicants and only authorized users (but no credit check on them.) Also, if someone calls to ask you information on your application and asks you what your credit card debt was used for, use the "home renovation" answer. That is seen as a "good usage of credit cards."

[ace1353]

Just got approved for $5K. Thought it was a little on the low side. Would it be realistic to be able to get an increase to say $10-$15K once I receive the card (to activate)?

What are peoples experiences in asking for an immediate increase upon receipt of the card?

Can I make multiple balance transfers at 0.5/1% or does the 0% interest only apply to the first transfer?

[angel_wing0]

Can I make multiple balance transfers at 0.5/1% or does the 0% interest only apply to the first transfer?

yes i believe u can make multi transfers...but then u will need to pay multi bt fees.

[setell]

yes i believe u can make multi transfers...but then u will need to pay multi bt fees.

You still only pay the same 1% BT fee. I transferred 3k first and paid $30 fee than I transferred $6800 and got billed for $68. I don't think it matters if you do two separate balance transfers or in one big transfer.

[protectivedad]

Can I make multiple balance transfers at 0.5/1% or does the 0% interest only apply to the first transfer?

All balance transfers in the first 15 months are 0% until the end of the 15 months. The only thing to think about is the minimum fee of $7.50 so I wouldn't go transferring fifty $100 amounts :) .

[angel_wing0]

You still only pay the same 1% BT fee. I transferred 3k first and paid $30 fee than I transferred $6800 and got billed for $68. I don't think it matters if you do two separate balance transfers or in one big transfer.

yes which is what i mean...but yeah the minimum is $7.50.

[lvxihan]

my first citi card with 0% 12 months period was just over and I just paid it off. should I cancel this card before applying another 0% 12 months card? or it does not matter because I have paid off all balance?

Thanks!

[angel_wing0]

my first citi card with 0% 12 months period was just over and I just paid it off. should I cancel this card before applying another 0% 12 months card? or it does not matter because I have paid off all balance?

Thanks!

once u get the 2nd card and activated it, request the csr to transfer the limit of the old card to the new card. Then cancel the old card :D

[lvxihan]

once u get the 2nd card and activated it, request the csr to transfer the limit of the old card to the new card. Then cancel the old card :D

thanks for quick response. so i guess i dont have to cancel the old card to get the 2nd card. will give it a try and let you guys know.

[cannon_fodder]

So, I can safely ignore the link (in post #1 of this thread) to Citi's online application where it says 0% until April 2009? It will be extended to 12 months after my application is approved, not only to April 2009?

[angel_wing0]

So, I can safely ignore the link (in post #1 of this thread) to Citi's online application where it says 0% until April 2009? It will be extended to 12 months after my application is approved, not only to April 2009?


yes.

[meds06]

So, I can safely ignore the link (in post #1 of this thread) to Citi's online application where it says 0% until April 2009? It will be extended to 12 months after my application is approved, not only to April 2009?

no I doubt. First it won't be easy to extend it but it's doable if yo threaten to cancel your card. Secondly at most you'll be extended till April 2009.

[angel_wing0]

no I doubt. First it won't be easy to extend it but it's doable if yo threaten to cancel your card. Secondly at most you'll be extended till April 2009.

there are already ppl who got the card for 12 months instead of april 2009...

[carmv4]

I applied over the phone (MBNA) last Thursday and my card came in the mail today with a credit limit of $5000. I wanted more so I called and asked for a larger credit limit and to consolidate my other MBNA card ($5100 limit). In the end I got a $15000 credit limit. So I did the balance transfer and asked the CSR if he could do anything about the fee. He charged me 0.5% instead of the 1%. Everything was super easy and now I will stash the money in my savings account until Jan 2010. Thanks guys!

[st7860]

So, I can safely ignore the link (in post #1 of this thread) to Citi's online application where it says 0% until April 2009? It will be extended to 12 months after my application is approved, not only to April 2009?

yes . its always for 12 months from the date you're approved.

[memphis_torus]

Hello angel_wing0

Maybe you can help since no one wants to reply. I got approved for the 3.99 % MBNA offer, could I call in and switch it to the 0% for 15 mth...if so, is there anything I should tell the CSR?

Thanks in advance

[bryan35]

Hello angel_wing0

Maybe you can help since no one wants to reply. I got approved for the 3.99 % MBNA offer, could I call in and switch it to the 0% for 15 mth...if so, is there anything I should tell the CSR?

Thanks in advance

Why don't you phone and try. Tell them a friend told you about the offer.

[netcbc]

wo0t got the 1.99% for life, just called into one of these numbers, can't remember which one 1-877-428-6060 or 1-866-544-4104.

They asked for a code right off the bat, told them I didn't have one but my friend received the offer, they looked around on the system and found the 1.99% for life, they took my application and I just got approved yesterday for 5 figures.

I had previous MBNA cards but they wouldn't give me the 1.99% for balance transfer even with $0 balance.

Once I got approved, they just consolidated all the cards and I'll just have one card next week, sweet!!!

Thanks angel_wing!

[silva27]

I apply for the MBNA card and approved for 0% for 15months and was transfer to credit analyst for approval. CA denied my application because I don't have a 5 year credit history on my record.

Is this true? Why the 5 year? Have any of you heard of this, is there a way around this at all? :(

thanks in advance.

[alanbrenton]

wo0t got the 1.99% for life, just called into one of these numbers, can't remember which one 1-877-428-6060 or 1-866-544-4104.

They asked for a code right off the bat, told them I didn't have one but my friend received the offer, they looked around on the system and found the 1.99% for life, they took my application and I just got approved yesterday for 5 figures.

I had previous MBNA cards but they wouldn't give me the 1.99% for balance transfer even with $0 balance.

Once I got approved, they just consolidated all the cards and I'll just have one card next week, sweet!!!

Thanks angel_wing!

If you don't mind me asking, how much is your consolidated credit limit? I have about $33,000 and was wondering if I should request for a decrease prior to applying to this 1.99% balance until paid card.

Anyone else care to share your aggregate credit limit with MBNA? Thanks.

[angel_wing0]

wo0t got the 1.99% for life, just called into one of these numbers, can't remember which one 1-877-428-6060 or 1-866-544-4104.

They asked for a code right off the bat, told them I didn't have one but my friend received the offer, they looked around on the system and found the 1.99% for life, they took my application and I just got approved yesterday for 5 figures.

I had previous MBNA cards but they wouldn't give me the 1.99% for balance transfer even with $0 balance.

Once I got approved, they just consolidated all the cards and I'll just have one card next week, sweet!!!

Thanks angel_wing!

hey congrats to u!

[Ebtek]

wo0t got the 1.99% for life, just called into one of these numbers, can't remember which one 1-877-428-6060 or 1-866-544-4104.

They asked for a code right off the bat, told them I didn't have one but my friend received the offer, they looked around on the system and found the 1.99% for life, they took my application and I just got approved yesterday for 5 figures.

I had previous MBNA cards but they wouldn't give me the 1.99% for balance transfer even with $0 balance.

Once I got approved, they just consolidated all the cards and I'll just have one card next week, sweet!!!

Thanks angel_wing!


after 5 failed attempts...and then this post, i decided to call. yesterday at lunch i finally got it.

got the usual runaround where they can only offer me 3.99, but i said i was hoping to get the 1.99. put me on hold and said she could do the 1.99.

[champ91]

FYI:

it's now 1.97% for six months, up 1 %

http://www.pcmastercard.pcfinancial.ca/rocen/cardapp/contentPG/premium_low_balance_transfer_rate_frm.asp

[angel_wing0]

FYI:

it's now 1.97% for six months, up 1 %

http://www.pcmastercard.pcfinancial.ca/rocen/cardapp/contentPG/premium_low_balance_transfer_rate_frm.asp

lousy.

[st7860]

PC Financial used to give you 4.9% for life.

[angel_wing0]

after 5 failed attempts...and then this post, i decided to call. yesterday at lunch i finally got it.

got the usual runaround where they can only offer me 3.99, but i said i was hoping to get the 1.99. put me on hold and said she could do the 1.99.

so i guess mbna is opening their wallets even more i assume because of the current economy conditions?

[dracore]

Wpoohoo! I just appllied for 1.99% and I guess they have to submit that information. Approval happens when I receive it in the mail? They didn't give me a limit yet but i exagerrated my salary just a little bit more. I'd like to move my balance from the 2.99% to the 1.99%

[angel_wing0]

Wpoohoo! I just appllied for 1.99% and I guess they have to submit that information. Approval happens when I receive it in the mail? They didn't give me a limit yet but i exagerrated my salary just a little bit more. I'd like to move my balance from the 2.99% to the 1.99%

u should have asked for instant approval!!

[Hugh Jass]

so i guess mbna is opening their wallets even more i assume because of the current economy conditions?


They should be making it harder due to economic conditions. I heard yesterday that crappy tire is reducing some credit limits on their cards due to the economy.

[Trooper8111]

They should be making it harder due to economic conditions. I heard yesterday that crappy tire is reducing some credit limits on their cards due to the economy.

Under these conditions, people tend not to borrow.

[angel_wing0]

Under these conditions, people tend not to borrow.

exactly...thats why mbna is lowering interest rates so ppl will want to borrow.

[dracore]

u should have asked for instant approval!!

It seems like this would not work. I just called in today to see if I could get an instant approval. They said that it cannot be done since upon application their system needs to hold it for 72hours first. Afterwards I can call their Immediate Approval Dept.

[NUTS]

It seems like this would not work. I just called in today to see if I could get an instant approval. They said that it cannot be done since upon application their system needs to hold it for 72hours first. Afterwards I can call their Immediate Approval Dept.

that doesnt work either- me thinks.

I applied on October 22, was given the immediate $ number that I was approved for by the CSR, then on 3 -follow-up calls, I am told its in security since the larger amount that I was approved for needs the backlogged security department to clear it first. Another 5 - 10 business days they said - and holding

BTW, I have never held an MBNA card before - if that matters!

Keep us posted to see how fast you get approved

Did you get a telephone number for the "immediate approval dept"?

[dracore]

that doesnt work either- me thinks.

I applied on October 22, was given the immediate $ number that I was approved for by the CSR, then on 3 -follow-up calls, I am told its in security since the larger amount that I was approved for needs the backlogged security department to clear it first. Another 5 - 10 business days they said - and holding

BTW, I have never held an MBNA card before - if that matters!

Keep us posted to see how fast you get approved

Did you get a telephone number for the "immediate approval dept"?

That is interesting... hmm.. well I guess we'll know soon enough then. Will try in 3 days time and see what happens.

Yep I was told that the instant approval dept # is 1-888-898-1620

[angel_wing0]

the instant approval department is *drumrolls pls*...THE CREDIT ANALYST! --*

[angel_wing0]

the instant approval department is *drumrolls pls*...THE CREDIT ANALYST! --*

[angel_wing0]

the instant approval department is *drumrolls pls*...THE CREDIT ANALYST! (or should be)

[NUTS]

That is interesting... hmm.. well I guess we'll know soon enough then. Will try in 3 days time and see what happens.

Yep I was told that the instant approval dept # is 1-888-898-1620

Yep, thats the credit department #, I just dialed it

I will see what happens by Wednesday this week & if my card does not arrive-impatient me will call the 'credit department at MBNA'

[djino]

seems like the last few messages in this thread have been duplicated.

djino
"or is it just me"

[angel_wing0]

nope i see triple posts as well.

[NUTS]

nope i see triple posts as well.

triple approval at MBNA lol

[NUTS]

the instant approval department is *drumrolls pls*...THE CREDIT ANALYST! (or should be)

not in my case, I was approved instant by the CSR ... then of course, lied to that it was in the security department ... whatever that is (anyone know their number)

[turkishdelyte]

:cheesygri Okay someone explain how the 15 months at 0% works....pretty please?

So I called last week and applied and I just found out (my mail) that I was approved for 10K.....so the 0% works on Balance Transfers only? So If I have another 10K card, rack it up (reno's) and then transfer the balance to the new card then it stays there for 15 months no interest? If someone can tell me my options here it would be great!....I will be needing the whole 10k in the next month but need to know the best way of taking advantage of the 0% on my new card....can you tell I have no clue what i'm doing?? THANKS IN ADVANCE!

[pflyer]

:cheesygri Okay someone explain how the 15 months at 0% works....pretty please?

So I called last week and applied and I just found out (my mail) that I was approved for 10K.....so the 0% works on Balance Transfers only? So If I have another 10K card, rack it up (reno's) and then transfer the balance to the new card then it stays there for 15 months no interest? If someone can tell me my options here it would be great!....I will be needing the whole 10k in the next month but need to know the best way of taking advantage of the 0% on my new card....can you tell I have no clue what i'm doing?? THANKS IN ADVANCE!

First thing would be to do a balance transfer on the 0%/15 card to your bank account then use this money to pay for your reno's and such. You will have to pay the balance transfer fee of 1% right off the bat and make the $10 monthly payments every month for the 15 months.

Just make sure you have the 10K at the end of 15 months to pay down the MBNA card or you'll be effed by the 20% interest rate.

[angel_wing0]

not in my case, I was approved instant by the CSR ... then of course, lied to that it was in the security department ... whatever that is (anyone know their number)

afaik lousy csrs CANNNOT instant approve applications.

[turkishdelyte]

First thing would be to do a balance transfer on the 0%/15 card to your bank account then use this money to pay for your reno's and such. You will have to pay the balance transfer fee of 1% right off the bat and make the $10 monthly payments every month for the 15 months.

Just make sure you have the 10K at the end of 15 months to pay down the MBNA card or you'll be effed by the 20% interest rate.

Thanks alot for the response :-) makes more sense now! Okay so how do I do a balance transfer with the money on the new card? Are there cheques or something? So would I write a 20k to myself? then use that money as cash then pay the BT fee once?

thanks

[pflyer]

Thanks alot for the response :-) makes more sense now! Okay so how do I do a balance transfer with the money on the new card? Are there cheques or something? So would I write a 20k to myself? then use that money as cash then pay the BT fee once?

thanks

You can call the MBNA service center and they can do it for you. The number should be in this thread somewhere... You'll just need to give them your account number, transit number, inst. number over the phone.

Make sure you ask for the balance transfer to be $9,900 rather than $10K. This will leave room for the 1% balance transfer fee without putting you over your $10K limit.

So, on your first statement you will have to pay the $99 balance transfer fee along with the minimum $10 payment on the $9,900. Subsequent statements will just be the $10 payment.

[NUTS]

afaik lousy csrs CANNNOT instant approve applications.

I'm tellin yer, the friggin CSR said after taking all of the personal details - life story, income, employer, job position, how long at current place of residence and even mothers name - she said you are approved for $xx.

I get the sense that the MBNA rep that I spoke to, was

a) lying
b) not lying

On October 22, the CSR rep said within 5-10 business days

Then the rest y'all know, 3-weeks on, I'm still waiting for the security people to approve my MBNA card.

Help me through this to get a (pending) fast approval ... and tell me who do do I call at this point (dont say ghost busters) - or do I simply wait it out

Angel, I think it was you that posted on here, the 3-4 week timeframe was a normal wait. So, is that normal for someone who has never had an MBNA card before?

[hks]

I applied on Oct. 9th for the 0% interest for 15 months MBNA mastercard. It took about 5 mins for the CSR to take my application. I was then transferred to a credit analyst who approved my application with a 10k credit limit (it took some convincing on a new account with MBNA). I was told my card would arrive in 2-3 weeks. After not receiving anything in the mail 3 weeks later, I called in to ask about the status of my card and was told that they had to make some changes to my application for identity verification purposes which was why it was taking longer than usual. My card finally arrived on Nov. 5th so for those of you still waiting just be patient.

I just activated the card today along with the BT and was able to reduce the fee from 1% to 0.5%. Thanks for this informative thread and all those who have contributed.

[angel_wing0]

I'm tellin yer, the friggin CSR said after taking all of the personal details - life story, income, employer, job position, how long at current place of residence and even mothers name - she said you are approved for $xx.

I get the sense that the MBNA rep that I spoke to, was

a) lying
b) not lying

On October 22, the CSR rep said within 5-10 business days

Then the rest y'all know, 3-weeks on, I'm still waiting for the security people to approve my MBNA card.

Help me through this to get a (pending) fast approval ... and tell me who do do I call at this point (dont say ghost busters) - or do I simply wait it out

Angel, I think it was you that posted on here, the 3-4 week timeframe was a normal wait. So, is that normal for someone who has never had an MBNA card before?

yes getting approved take 3-4 weeks. I donno if it will increase for a new mbna card...but should not imo :D

[realdeal99]

Hi all,

I called twice today the Ottawa number and asked (2 diff CSRs) to apply for the 0% / 15m BT offer and they told me that promo no longer exists. I told them I had a code and they said they no longer offer this. They stopped offering it in 2007. Obviously this can't be true as i can see ppl still getting approved. What do you guys recommend I do. Just keep trying or call a different number?

TIA.

[NUTS]

Hi all,

I called twice today the Ottawa number and asked (2 diff CSRs) to apply for the 0% / 15m BT offer and they told me that promo no longer exists. I told them I had a code and they said they no longer offer this. They stopped offering it in 2007. Obviously this can't be true as i can see ppl still getting approved. What do you guys recommend I do. Just keep trying or call a different number?

TIA.

instead of calling Ottawa, trying calling one of the third party centre's - that may help, but third time lucky, try Ottawa again at different time of the day.

Suggest calling Ottawa at 9am, 12-noon then 4pm. Do it tomorrow

Keep us posted.

Suggest that you say i'm calling for the 0/15 offer which I received in the summer. The auto response is -"offered expired" you come right back and say -'not so'

[angel_wing0]

just call again till u get it, it's taht simple.

[Newbieinvestor]

just call again till u get it, it's taht simple.
Angelwing is correct.

Keep trying. Don't let them give you the runaround.

[bazan]

Hi,

Anyone successfully use the CITI card link (0%, 12 months) in the 1st post and successfully submitted their application? I tried using the link and for some strange reason it will not accept my home address and keep saying "fill in the highlighted field and the missing data". Wonder if this is just me or some problem with the system... I can never get past the 1st page...


Thanks.

[scorpy]

i have applied for the citi 12 month 0% about a year ago, no transfer fees, i now would like to re-apply for that..i dont see that link again...does that promotion still exists?
if so, should i cancel my current card and reapply or just try to apply for a new card?

Thank you!

[myles24]

So I finally decided to grab this deal today but when I called the #1-866-544-4104 I was asked for my telephone code. It was the first thing that I was asked for and was told it was on the top of the mailer. I obviously don't have a mailer so what do I do? Is this when I use the BODX code?

Thanks

[scorpy]

For the guys that are intrested: I just called MBNA now and asked for the 15 month 0% intrest promotion, without even mentioning any code, all i said is: do you still hav the 15 month promo code...) and she said YES ITS STILL AVAILABLE , so she completed a new application for me and said please wait 2-3 weeks for the card.
I used: 1866-544-4104
When i asked if she had a code, she said no, if somone calls all they have to do is mention the promotion. Thats all...

I hope i get this card. i did not finish paying the first card yet and my due date is up already...

[NUTS]

For the guys that are intrested: I just called MBNA now and asked for the 15 month 0% intrest promotion, without even mentioning any code, all i said is: do you still hav the 15 month promo code...) and she said YES ITS STILL AVAILABLE , so she completed a new application for me and said please wait 2-3 weeks for the card.
I used: 1866-544-4104
When i asked if she had a code, she said no, if somone calls all they have to do is mention the promotion. Thats all...

I hope i get this card. i did not finish paying the first card yet and my due date is up already...

Seems as though the outsourced companies 1 866-544-4104 will likely do it, however calling MBNA directly 1 877 862 7759 in Ottawa could be the problem here.

I like the idea of the promotion approach, rather than using a specified code -which looks like it would work better.

Scorpy, have you tried calling the third party to see if you can also get the MBNA 1.99% life offer?

[myles24]

Thanks for the help. I got the promotion by doing what you did and just asking right away for the 0%/15 month.

[Kahads]

Seems as though the outsourced companies 1 866-544-4104 will likely do it, however calling MBNA directly 1 877 862 7759 in Ottawa could be the problem here.

I like the idea of the promotion approach, rather than using a specified code -which looks like it would work better.

That's what ended up being successful for me -- I called the third party number on Oct. 31st and they submitted my application. An MBNA rep called back on Nov. 3rd and left a message but it was Nov. 9th before I got a chance to speak with them. Since I have another MBNA card, the rep was calling to suggest I consolidate the two accounts (I ended up keeping both cards but reducing the limit on my older card and correspondingly upping the limit on my new 0% card). And apparently I should be getting my card in the mail in 7-10 business days! :)

[scorpy]

Seems as though the outsourced companies 1 866-544-4104 will likely do it, however calling MBNA directly 1 877 862 7759 in Ottawa could be the problem here.

I like the idea of the promotion approach, rather than using a specified code -which looks like it would work better.

Scorpy, have you tried calling the third party to see if you can also get the MBNA 1.99% life offer?



sorry all i have done is call that number directly(outsourced companie) and was able to get it right away...hope this helps

[deepakarora79]

Alright, my friend tried calling the outsourced number posted above but he was told that there is no such offer (0% for 15 months) & instead he proposed him the 3.99% offer. Not sure if it's something to do with the CSR. He's gonna try again tomorrow so am I...

[lonelydude]

I don't see the 0.97% no transaction fee president choice balance transfer. I only see 1.97%. Is this dead?

[Trooper8111]

I don't see the 0.97% no transaction fee president choice balance transfer. I only see 1.97%. Is this dead?

Irrelevant to this thread.

[angel_wing0]

I don't see the 0.97% no transaction fee president choice balance transfer. I only see 1.97%. Is this dead?

yes 0.97% is dead...i guess op hasnt edited the post yet.

[classytallpaul]

Please tell me what you said to get approved. I make $120k and got 3 years of credit, they refused me!! Also no one replied to a previous question I saw: What can you say or do to be approved with only 3 years credit history. I did had some before an 8 year period and they could see that. I just said I decided to go the cash way. Please answer my first question guys.

[NUTS]

update on my long awaited never had before MBNA card with 0%/15mths

3-weeks almost to the day after applying for my first 0/15 MBNA card - bingo, it has arrived - I have not activated it.

I called MBNA this morning asking the million dollar question - 'what-if' and that I wasn't going to activate just yet.

1. I mentioned to the agent that I have another offer in the mail '1.99% life' with my own personal code (card #2), asking could I apply for this one & on approval of this offer would I simply activate card #2, and in doing so, what happens to the 0/15. The response from this agent (not a basic CSR) was to -

a) see if you could get an increase on the 0/15 from the credit dept first(these people are so nice) this agent must have been an RFD poster
b) apply for card #2 the 1.99% life
c) within 90-days on approval of card #2 ask to have the amount transferred from the 0/15 over to the 1.99% - bundling two cards

2. From that, I gathered that the total limit that MBNA (or any other CC company) gives someone - in fact can be bundled, but that just doesnt make sense that they would limit you on card #1, yet approve you a second card

Does the following make sense, this is what I am planning to do with MBNA -

3. Before the end of this week activate card #1 ask for a credit increase, but not at that point ask to do a *BT of 90% of the card limit to my bank account (*read that somewhere)
4. Monday morning next week - or even Friday afternoon this week, apply for the 1.99% (card #2), then on approval, see if I can get an increase on the amount approved
5. Monday next week, apply to citi for the 0%/12mths

Does anyone know the speed at which the CC companies or the credit bureau see the activity level that may affect your credit level or the success rate at doing all of this?

What does anyone see in the likelyhood that it will work - suggestions and any comments please

[classytallpaul]

I just called them and got approved for only $5000 :( for 15 months 0% interest with 1% BT fee.. the guy said they can't give me any more than that because I only have 2-3 years of credit history even though he said my credit is very good....is there anyway I can get them to increase it? also he said they wouldn't be able to reduce the BT fee...what # do I call to get that reduced?

I have 3 years history too and got refused at 120k/year with perfect credit. Did you have to own or rent is OK?

[NUTS]

I have just received my first 0%/15mths card - yet to be activated.

Could someone please tell me ... do I

a) Activate first then ask to speak to a credit analyst to get an increase limit

b) Speak to the credit analyst to get an increased limit - then activate

c) Or can the credit analyst do the activation as well as the credit limit increase

At what point during all of this do I ask them to lower the BT fee & what's the best pitch line to use for asking for the lowering the BT fee

Thanks

[Trowa]

Where can I get the code for 1.99% for life card. there are 169 pages of posts and it would take forever to get through them. can someone help out?

[NUTS]

Where can I get the code for 1.99% for life card. there are 169 pages of posts and it would take forever to get through them. can someone help out?

There is no specific generic code. The one that I have and others is unique to them/us, mine is a single alpha followed by a 10-digit numeric.

On my offer, it was mentioned that it was a "first time offer for the full life of your balance up to $100k" and the offer itself was a single page, two sided printing with blue header.

Through the pages and pages of posts on here there is mention that some have called in, getting that rate using the following technique

1. I have the 1.99% offer that came in the mail in the summer - but cant find it - can I now get it.

2. A friend of mine has the offer and I thought that I would call in to see if I can get it

3. Or -simply say - that you are calling in for the 1.99% offer.

The telephone number that I have on my offer is 1-866 478 3666

It would also help - I think, if you are alreadyan MBNA card holder

BTW, I have never been an MBNA card holder ever & still do not understand how I got the offer

Good luck, let us know how you make out.

[angel_wing0]

i knwo i wish i can get the offer...but i will try calling once my 0%/15 months is done :D

[casperr]

My brother in law called in with no code for 1.99% for the life of the balance, through 1-866 478 3666, CSR provided the code for the 1.99%

The CSR was not able to provide him instant approval nor transfer to a credit analyst but instead gave another number to check on the status.

Is it possible that he calls back later regarding the application and ask for a credit analyst right away?

Oh and by mistake he said yes on Security Wise or something like that that adds 99 cents per 100 I think. Should he cancel this prior to transferring balance?

[angel_wing0]

Is it possible that he calls back later regarding the application and ask for a credit analyst right away?

yes...but i donno if the credit analyst can approve it right away since it's already submitted.

[casperr]

Thanks angel

Missed a couple of pages, I should have advised my brother in law to look for the credit analyst right away when applying instead of doing it with the CSR

[realdeal99]

Ok so I ended up calling the third party number 1866-544-4104 and they asked for the code, so that's when i used: BODX and it worked fine. I gave them my info and everything. Question I have is I embelished my own income a lil (few k), is there any way they can check this info from my employer or SIN or anywhere really? Just curiosu if this can/will affect my application.

Thanks

[angel_wing0]

Thanks angel

Missed a couple of pages, I should have advised my brother in law to look for the credit analyst right away when applying instead of doing it with the CSR

its all good...just a couple of weeks longer :)

[NUTS]

its all good...just a couple of weeks longer :)

the next to the final chapter on my 0/15 MBNA card which took 3-weeks to get too me

After 6pm this evening I activated the liitle platinum devil

1. Called to activate - that done I asked immediately to speak to someone in the credit dept to get a double-up on the original approved amount.

2. There, I asked for an increase - which was done, once that rep verified my original application. I asked 'so how do you get the max limit'? - response was "that we generally are only allowed to give up to 25% of income"

Is that true?

3. Being switched back to the activation department - saying that I wanted to do the BT & that I understood speaking to all of the very nice folks that I have been pushed around to tonite - that you will only charge me 0.5%

Most certainly was the fast response back. Bank account number given - bingo, the card has 0/15 till the March 2010 statement (is that 15-months?)

4. Final question was about the 1.99% offer which I said that I also had received in the mail. The rep said wait till end of 0/15 term then do the combined balance. Me thinking BS, why not now & why not get a second 0/15

12 minutes total time on the phone

What I got from all of this is that you can get more by overstating your income on the original application & of course that your credit is good, however - caution that you are not asked to verify your income, which seems it is randomly done by MBNA

Nothing ventured-nothing gained

Thanks for all the input from the postings on here to y'all, especially Angel & Trooper

Next step is to arbitrage like mad and see what I can accomplish with citi & the MBNA 1.99%

[dracore]

the next to the final chapter on my 0/15 MBNA card 2. There, I asked for an increase - which was done, once that rep verified my original application. I asked 'so how do you get the max limit'? - response was "that we generally are only allowed to give up to 25% of income"

Is that true?

...

What I got from all of this is that you can get more by overstating your income on the original application & of course that your credit is good, however - caution that you are not asked to verify your income, which seems it is randomly done by MBNA




They told me the same thing when I first went for the 2.99% promotion. It's somewhere between 20-25%. It's odd because when I first called the person who activated my card said I could get up to 60K -- at that time I said I'd call in later on to decide how much I'd like my limit to be raised to. It seemed like the rep could have set the limit for me without sending me off to their credit analyst.
Later on when I decided what limit I wanted, i called back but I was sent to the credit analyst and they said around 20% of my income despite having a good credit rating. GRRRRR...

This time I overstated my income when I applied for the 1.99%. I don't think they can really check.. I mean, I could say "yeah, I just got a raise just now..." They really can't verify something like that.

[gerrythegreat]

I just called tonight and told them that I received an offer over the summer but I lost the paper and wanted to apply for the 1.9% card. I also told them I had received an offer from royal bank but I prefered MBNA. The lady said there was no problem and we went through the application together .

It was really easy.

[angel_wing0]

2. There, I asked for an increase - which was done, once that rep verified my original application. I asked 'so how do you get the max limit'? - response was "that we generally are only allowed to give up to 25% of income"


4. Final question was about the 1.99% offer which I said that I also had received in the mail. The rep said wait till end of 0/15 term then do the combined balance. Me thinking BS, why not now & why not get a second 0/15


Thanks for all the input from the postings on here to y'all, especially Angel & Trooper

Next step is to arbitrage like mad and see what I can accomplish with citi & the MBNA 1.99%


NUTS u should write a novel on your adventures ;)

(2) NOT TRUE. Well at least not in my case.

(4) The rep has a pt because if u already maxed out your credit limit on the 0%/15 months, there is nothing u can do really with the 1.99% except putting $500 there which is stupid because the 1.99% only applies to the first 90 days iirc.

You welcome, i like to actually help out ppl even if the answers are posted unlike some other ppl :)

[NUTS]

Originally Posted by NUTS

2. There, I asked for an increase - which was done, once that rep verified my original application. I asked 'so how do you get the max limit'? - response was "that we generally are only allowed to give up to 25% of income"

Is that true?






(2) NOT TRUE. Well at least not in my case.





you know Angel, you beg the next question ... 'so how did you get more credit limit on your card that was more than 25% of your income'

[Matryx]

I finally got my MBNA card 0% for 15 months. I tried calling and transfering a balance but when I asked the guy if he can reduce it he couldn't it.

[sweetiegyal]

I want to apply for the 1.99% for life offer or the 0/15 offer but I already have a MBNA card with a balance on it for 2.99% that is expiring this December, do you think that will affect me applying for another card? Should I pay this off before I apply cause I really don't have the funds to pay it off right now and will have to just transfer it to a higher interest credit card.

[desi_eng]

Does anyone know how long this deal will be on for?
I want to apply for it and use it to pay off my OSAP loan, but I won't have to start paying that back until May 2009. Do you think this offer will still be around? The last thing I want to do is wait until March/April - ish and call in and have them tell me the offer is no longer valid...

Is there anyway I can apply for it now and not activate it until closer to May?? Or will the card have expired or something if I wait that long?

[dracore]

I want to apply for the 1.99% for life offer or the 0/15 offer but I already have a MBNA card with a balance on it for 2.99% that is expiring this December, do you think that will affect me applying for another card? Should I pay this off before I apply cause I really don't have the funds to pay it off right now and will have to just transfer it to a higher interest credit card.

I also currently have a balance on my 2.99% card. I just recently applied for the 1.99%. How come your 2.99% is expiring in December? Is this not the 2.99 for-life promotion?

[djino]

I also currently have a balance on my 2.99% card. I just recently applied for the 1.99%. How come your 2.99% is expiring in December? Is this not the 2.99 for-life promotion?

2.99% is for the life of the Balance. Balance being the credit you've used within the first 90 Days. After 90 Days, any transactions posted to the account will get the regular 17.99%+.

So After 90 Days, if you still had other credit cards/etc with higher Interest, you would have to apply again or for the 1.99% so that you could be extended another 90 Days to move money onto it.

djino
'Make Sense?"

[sweetiegyal]

I also currently have a balance on my 2.99% card. I just recently applied for the 1.99%. How come your 2.99% is expiring in December? Is this not the 2.99 for-life promotion?

Oh thats great to know that you applied eventhough you have a balance too! Well no, I just kept my card after the 0% deal was over and they gave me a balance transfer offer of 2.9% for a few months, at that point I didn't realize they had the 1.9%/life offer so I just took it. But of course now knowing about this better offer I wanted to apply for that one now. Hopefully I can get it!

[sweetiegyal]

So I just applied for the 1.99%/life card and the excuse I used was brilliant! I called the first time and got a lady who asked me for my telephone code and I truly thought she wanted my phone number so I was giving it to her and she said no it should start with a "D" and have 10 numbers afterwards. I said I had another one that starts with a "C" (found through this thread) and when I told her the code she says thats for 4.99% offer and I mentioned that I must've written it down wrong since I keep getting so many of these offers and I didn't have the paper anymore. Anyways, she didn't sound very nice but luckily the call got disconnected (crappy reception on my phone). So I called back and got a nicer gentleman and after he asked me for my code I said I just called and spoke to a lady but our call got disconnected while we were doing the application (sounding worried that I may be doing a double app). He asked how far along I gotten into it and I mentioned only just the beginning and he asked what promotion I was applying for and I said 1.99%/life, he then asked me for the code and I said I told the first lady I didn't have it but she found it for me and did the application anyways. He immediately started my application for that without my code :P

Hope this helps the rest of ya'll! Now I just hope I get qualified since I already have an MBNA with a balance transfer on it that will soon expire :(

[sunnyd71]

Does anyone know if MBNA uses Equifax or Transunion?

I just updated the info on my Equifax report since it was inaccurate but I don't know if they will share the update with TransUnion automatically or if I'll have to send it to them as well. If anyone knows this, please let me know.

Thanks.

[angel_wing0]

you know Angel, you beg the next question ... 'so how did you get more credit limit on your card that was more than 25% of your income'

i donno...i just ask for a limit increase and they just gave it to me --*

anyway, i have transferred some money from my 1% cashback (well cr limit) to the platinum..going to ask for another 0.5% bt on monday :D

Now this time I have a question for the experts: the 0%/15 months, it's still 0% as long as i transfer within the 15 months right? It doesnt have to be the first 90 days or only the first transfer to get the 0% right? THanks~

[NUTS]

Now this time I have a question for the experts: the 0%/15 months, it's still 0% as long as i transfer within the 15 months right? It doesnt have to be the first 90 days or only the first transfer to get the 0% right? THanks~

Novice expert here - The rep that I spoke to last night told me that it had to be done within 90-days.

There is no-way of confirming that unless multiple calls are made to see if the rep's have a script or are BS'ing - confirming open till the end or the 90-day rule.

Others may have their own experiences to share

My ongoing arbitrage saga will continue on Monday when I go for the citi 0/12, although the citi website is still showing the offer is only good till April 2009.

Anyone have the blurb (pitch line) & the current correct phone number to call citi on for the 0/12 - or is it just the web application ... response please - thanks

After calling citi, I shall be calling MBNA again with my personal 1.99% offer to see what I can conjure up

keep y'all posted

[angel_wing0]

:mad:Novice expert here - The rep that I spoke to last night told me that it had to be done within 90-days.

There is no-way of confirming that unless multiple calls are made to see if the rep's have a script or are BS'ing - confirming open till the end or the 90-day rule.

Others may have their own experiences to share

My ongoing arbitrage saga will continue on Monday when I go for the citi 0/12, although the citi website is still showing the offer is only good till April 2009.

Anyone have the blurb (pitch line) & the current correct phone number to call citi on for the 0/12 - or is it just the web application ... response please - thanks

After calling citi, I shall be calling MBNA again with my personal 1.99% offer to see what I can conjure up

keep y'all posted

i m going to call in and ask.

For citi, yes it is for 12 months according to the ppl here. I can't confirm yet as I still need to wait for 2 more months before i can apply. %^&#&%)#*%) Citi 6 month rule :p

[NUTS]

:mad:

i m going to call in and ask.

For citi, yes it is for 12 months according to the ppl here. I can't confirm yet as I still need to wait for 2 more months before i can apply. %^&#&%)#*%) Citi 6 month rule :p

whats with the citi 6-month rule for you - why?

Angel do you have a good number for citi to call for the 0/12?

thanks

[NUTS]

This may be way over the top - but me being a CC novice, I would like to find out if anyone looking has (mastered) been successful with the multiple CC arbitrage having several (minimum 3-5 CC - or more) all with 0% that they managed to get over a very quick period & recycled that is unusual considering their income and average credit scores

If so can you please provide some input and feedback, techniques, ideas (real life - not text book) etc. Or is this way over everyones heads on RFD?

My target is to get the 0% 0% 0% 12 - 24 -36 months ongoing forever - even life & would consider seeing how to reach up to $500k.

Heloc & secured lines is not what I'm on about - just pure CC arbitrage

The money is not to be used to pay off any debt, or buy any toys - simply the 'beat the institution' that beats us every day

Come on folks, someone must have mastered this - experts please share

Thanks

[eliteblaze2]

dude that's not going to happen

[NUTS]

dude that's not going to happen

which part of the question were you answering

& why do you think it not going to happen?

Anyone else, or is everyone going to sit waiting to see what others may post that is doable

OK, I will revise/modify the question a teeny bit

For those of you that have several CC's, do you beieve that based on your real income that the unsecured credit extended to you by the cc companies is more than 50% of your income or in fact is more than 100% of your income - possibly way more than 100%

If so - how did you get over the normal limit?

[st7860]

which part of the question were you answering

& why do you think it not going to happen?

Anyone else, or is everyone going to sit waiting to see what others may post that is doable

OK, I will revise/modify the question a teeny bit

For those of you that have several CC's, do you beieve that based on your real income that the unsecured credit extended to you by the cc companies is more than 50% of your income or in fact is more than 100% of your income - possibly way more than 100%

If so - how did you get over the normal limit?

most credit card companies won't check the actual income you get.

[Newbieinvestor]

The money is not to be used to pay off any debt, or buy any toys - simply the 'beat the institution' that beats us every day


You have your supporters here.

Go for it.

PM me to chat.

[angel_wing0]

whats with the citi 6-month rule for you - why?

Angel do you have a good number for citi to call for the 0/12?

thanks

u can only apply for 1 citi cc every 6 months.

In order to get the 0%/12 months, u have to apply online. If you call, they only have 0.9% till april 2009.

[NUTS]

u can only apply for 1 citi cc every 6 months.



can you please expand a little.

was it that you applied and were refused - or-

you already have one card and cannot get a second until 6-months later -or-

if you needed a credit increase, the rule applies


Angel, I'm really a CC novice - and need to get the facts striaght otherwise (knowing me) I will screw up big-time. No room for error

[Hugh Jass]

My target is to get the 0% 0% 0% 12 - 24 -36 months ongoing forever - even life & would consider seeing how to reach up to $500k.



You want to end up with 500k in cc limit? Or over your whole life?

[NUTS]

You want to end up with 500k in cc limit? Or over your whole life?

$500k in unsecured credit card limit any at single point.

Exclude LOC, HELOC, Reverse Mortgages, Smith Manouvre etc - just simple plain basic unsecured CC limit at 5 or 10 times your own personal real income

The ideal goal is to CC arbitrage 5 to 10 times your income at any single point in time.

Is it possible or not to get, or are the CC companies dumb enough to let you have it?

Its a little known fact that a lot of the CC companies have been known over time to just keep on increasing someones limit because they are such a good customer

[Hugh Jass]

$500k in unsecured credit card limit any at single point.

Is it possible or not to get, or are the CC companies dumb enough to let you have it?


Wow, that would be some achievement. I don't think they're that dumb, to let you have that much. Why would anyone need that much spare creditcard credit at any one time?

[NUTS]

Wow, that would be some achievement. I don't think they're that dumb, to let you have that much. Why would anyone need that much spare creditcard credit at any one time?

So you're saying that there is a very low chance of achieving this.

I was looking for ideas from someone that maybe had done this to get feedback & further input on ways of doing it

its not "why would someone need that much credit" its why not.

Why only have the usual $5 - 10k per card which is typical, & why not have 10 x multiples of those amounts in only 2-3 cards at zero interest or a very low interest for life thats at least 50% of the going prime rate

low interest or zero interest OPM money is a good thing to have, so why pay rates that are standard in LOC's

[protectivedad]

which part of the question were you answering

& why do you think it not going to happen?

Anyone else, or is everyone going to sit waiting to see what others may post that is doable

OK, I will revise/modify the question a teeny bit

For those of you that have several CC's, do you beieve that based on your real income that the unsecured credit extended to you by the cc companies is more than 50% of your income or in fact is more than 100% of your income - possibly way more than 100%

If so - how did you get over the normal limit?

If you add up the total unsecured credit I have available, it is over 2x my annual income. If I were to max them out, I would never be able to pay the mins. In the last six months I've applied and received Citi 0%, MBNA 0%, and RBC 1.9% credit cards.

I believe the only way they can continue to approve me and give me more credit, is because of:
1) My credit score;
2) Minimal income;
3) Time.

As your new cards become old cards and you don't abuse them, you can continue to get new credit cards. Five years ago I had almost no credit card credit.

[protectivedad]

I just received the Citi 0% and can confirm that it is still 12 months from the time your are approved for the card and NOT the April 2009 that is mentioned on the application information.

[bazan]

Hi,

Anyone know if the online web application for CITI still working? I tried but it just won't take my home address.. keep asking me to complete the address lines even though I have already. Anyone have the same issue? ("protectivedad" - did you apply yours online and did you have the same problem?). Also is it confirmed that if you already have one 0% CITI card, they will not allow you to apply for another until you cancel (and pay up the balance ) on the first one and wait 6 months? fyi I have already one 0% CITI card, but need to extend the promo and therefore thinking of applying for another but the website seems to be rejecting my address (I highly doubt the website checks their existing database to match against current cardholders)

Thanks in advance

[angel_wing0]

since i transfer some of my cc limit from my prem rewards 1% to my mbna plat promo, i called in and request a 2nd bt (~2 months into the promo). I request the 0.5% bt fee but the damn csrs are not budging and insist that i only get charged 0.5% for my 1st bt. Is that true or just pure bs? did anyone manage to get 0.5% for their 2nd bt on the same promo?

I tried to get a credit analyst to do it for me but they say they can't anymore as all they can do is raise credit limits and approve/reject pplications. I smell BS, seriously.

[NUTS]

hi,

anyone know if the online web application for citi still working? I tried but it just won't take my home address.. Keep asking me to complete the address lines even though i have already. Anyone have the same issue? ("protectivedad" - did you apply yours online and did you have the same problem?). Also is it confirmed that if you already have one 0% citi card, they will not allow you to apply for another until you cancel (and pay up the balance ) on the first one and wait 6 months? Fyi i have already one 0% citi card, but need to extend the promo and therefore thinking of applying for another but the website seems to be rejecting my address (i highly doubt the website checks their existing database to match against current cardholders)

thanks in advance

i tried 3-times this morning no success

[protectivedad]

Hi,

Anyone know if the online web application for CITI still working? I tried but it just won't take my home address.. keep asking me to complete the address lines even though I have already. Anyone have the same issue? ("protectivedad" - did you apply yours online and did you have the same problem?). Also is it confirmed that if you already have one 0% CITI card, they will not allow you to apply for another until you cancel (and pay up the balance ) on the first one and wait 6 months? fyi I have already one 0% CITI card, but need to extend the promo and therefore thinking of applying for another but the website seems to be rejecting my address (I highly doubt the website checks their existing database to match against current cardholders)

Thanks in advance

I did apply online. I had no problems. That was over a week ago. I don't know about the second Citi 0% card.

[NUTS]

Hi,

Anyone know if the online web application for CITI still working? I tried but it just won't take my home address.. keep asking me to complete the address lines even though I have already. Anyone have the same issue? ("protectivedad" - did you apply yours online and did you have the same problem?). Also is it confirmed that if you already have one 0% CITI card, they will not allow you to apply for another until you cancel (and pay up the balance ) on the first one and wait 6 months? fyi I have already one 0% CITI card, but need to extend the promo and therefore thinking of applying for another but the website seems to be rejecting my address (I highly doubt the website checks their existing database to match against current cardholders)

Thanks in advance

repeat, I tried applying again to apply on-line for the 4th time this morning with the same experience in the address lines not being accepted or going through and I have never applied before for a citi card - this was going to be my first time and it is still rejecting based on the address line.

Anyone else know why or had a similar experience?

[TorontoEh]

the citi app doesn't mention on site a fee of 1% now for BT i know someone posted earlier. Also, I think since I have an enrich card with Citi, do you guys think I won't be able to qualify for 0% or higher limit?

[NUTS]

the citi app doesn't mention on site a fee of 1% now for BT i know someone posted earlier. Also, I think since I have an enrich card with Citi, do you guys think I won't be able to qualify for 0% or higher limit?

when applying on line (if you're ever successful) it will be 0/12 with 1% BT

Let us know if you ever get the on line application completed

[bazan]

NUTS,

hopefully it's not just you and me who can't get the online application working.... no so sure what's so special about our address :lol:

[khulit]

4 months ago I was at Staples and a CS person approached me and offered the Staples Citi Mastercard to me and gave me $5 voucher for filling up the application. After 3 weeks I received my card and I just hid it in my drawer... 2 months later I decided to apply for the Citi 0% 12 months, and waited for the approval, a month pass and nothing happened, I called the Citi support line and told me that the computer system just sat on my application because I had already "applied" for a previous Citi Card. I told them that it was a STAPLES card, and was totally different and she agreed. She says she released it from the System and I will probably get my approval/card in 2 weeks. After 3 weeks, I get a letter from Citi, saying that they cannot approve my application because I already have a Citi Mastercard...

I decided to just forget about the Citi card and get MBNA 15 months 0% instead... no hassle, after 3 weeks I got my card...

[NUTS]

NUTS,

hopefully it's not just you and me who can't get the online application working.... no so sure what's so special about our address :lol:

5, 6, 7 & 8 times I tried -kicked out

Finally frustrated, I called citi 1-800-387-1616, I said that I couldn't get past first page - 15 more minutes run around they said we will mail an application and did not understand why it would not go through with the V8G code, even sending me to another citi canada card selection website - even then after filling in exactly the same info it kicked me out.


Fuming - I went for a walk - came back and tried again, this time instead of filling in the second part of the street address - road, avenue, place, etc - I just put in the first name of the street

Pressed enter - & it kicked out at the yellow highlighted postal code

I erased the postal code - re-entered it and it took me to page two

Filled it in & it kicked out the blue highlighted employer box. After many combinations (what is wrong with the employer name) - I simply put in my own name as the employer - which it accepted

Its gone now - wait and see.

The moral here is wildcard corrections - creative

try it - I just hope that it works for you

[protectivedad]

the citi app doesn't mention on site a fee of 1% now for BT i know someone posted earlier. Also, I think since I have an enrich card with Citi, do you guys think I won't be able to qualify for 0% or higher limit?

I have an enrich card also, no problems with the second card. I was surprised though that they were NOT able to transfer any available balance from my enrich mastercard to the 0% one. Also, they told me the balance transfers take 7 to 10 business days. WTF.

[krausj]

I have 2 MBNA credit cards
the last one I got from them was a 3.99% lifetime
I called today 1-866 478 3666
and told her that A friend of mine has the offer for 1.99% lifetime and I thought that I would call in to see if I can get it too.
and she put me on hold and came back and told me that I can apply too and she took my application, the lady on the phone was very nice , I asked her if she was somewhere in India or who knows where, she said she is located in Toronto she dosent work for MBNA, she said she works for a company that finds clients for MBNA.....

[synaptech]

That's because you called an outsourced company who just plugs in the info from what you give them (similar to applying online). You can dial the Ottawa number 1.877.862.7759 and give your info. If you ask for instant approval (before 7pm eastern, they will transfer you to a senior credit analyst who can approve you on the spot (even increase your limit). You may also ask for your card immediately ($10 fee) and receive it within 48 hours from FedEx. I've personally done this process twice with MBNA. They ended up waiving the second $10 fee.

Worked like you described - thanks. New boiler here we come.

[knapper]

I have 2 MBNA credit cards
the last one I got from them was a 3.99% lifetime
I called today 1-866 478 3666
and told her that A friend of mine has the offer for 1.99% lifetime and I thought that I would call in to see if I can get it too.
and she put me on hold and came back and told me that I can apply too and she took my application, the lady on the phone was very nice , I asked her if she was somewhere in India or who knows where, she said she is located in Toronto she dosent work for MBNA, she said she works for a company that finds clients for MBNA.....

How was the minimum structured on the lifetime card? Was it interest +$10?

[angel_wing0]

confirmed by a credit analyst and supervisor that u can only get 0.5% bt fee on your FIRST bt for the 0%/15 months mbna card. OP pls add to the opening post, thanks. As mentioned, i got a credit limit raise on my mbna prem rewards and then i transferred it to the 0%/15 months. Too bad but oh wel 1% isnt a bad deal anyway.

[bazan]

Nuts,

I tried your method... some worked and some didn't. I ended up just pressing "space" for all those invalid fields.... which somehow allow me to get through the application. But when waiting for submission, I am not sure if it actually sent the application as it was stuch in "Please wait". I may try it again at another computer and see. Let me know if it worked for you. (though, I highly doubt they will treat our application serious as there was barely any info)

[NUTS]

Nuts,

I tried your method... some worked and some didn't. I ended up just pressing "space" for all those invalid fields.... which somehow allow me to get through the application. But when waiting for submission, I am not sure if it actually sent the application as it was stuch in "Please wait". I may try it again at another computer and see. Let me know if it worked for you. (though, I highly doubt they will treat our application serious as there was barely any info)

it may take several go-backs and re-enters which I had to do several go arounds with creative corrections.

My applications had all the details name, address, mothers maiden name, employer name (which got changed in its format several times before it did not blue out) salary etc and the signature on the second application would not take until the 4 try - I just kept wiping it out and retyping in lower case, then upper case before it accepted it

One other point worth mentioning is that this morning I applied again for the very same card #2 from a different computer (at home not work) which is a different ISP - bingo, again same issues with the blue bars asking for corrections. I just kept going back, wiping the blues out renetering the info and it took it.

My guess is that it cashe's in CPU your memory - or theirs

When I got to page 3 it put up what info I had entered then it says 'submit' (or something like that.

In both applications I omitted the street, road, avenue part on the address, but strangly enough it allowed the same post code (which is the key to getting mail delivered).

Keep on trying, I still think its the wild card entry that works

[angel_wing0]

i think there is a problem on citi's site and not u guys...call citi and ask about it.

[NUTS]

i think there is a problem on citi's site and not u guys...call citi and ask about it.

Angel for sure there is a problem on the citi site

I posted last night that after 8 tries web application, and a call to them, 15-minute run around at citi it was quite obvious, especially after they said they would mail out the application & tried to get me to apply over the phone for the 0% till April 2009

I think that Citi wants you to call in for this deal - but I found a way around the web application - two times in fact within 24hours

On each of two applications made, less that 18 hrs apart, I received an "autoreply@citicorp.com" acknowledgement that the application(s) received-will let you know within 4-weeks

[angel_wing0]

actually one q for the experts again, citi lets u transfer the credit limit between cards like mbna right?

[NUTS]

actually one q for the experts again, citi lets u transfer the credit limit between cards like mbna right?

Open question for anyone - experts or novices

Angel, other than the Citi deal 0/12 & the MBNA two deals 0/15 & 1.99% life -are there any other Canadian deals going that have very low % or zero rates for 12 months or more.

By low - 2.99% is way too high

Do any of the major banks BNS, BMO, RBC, TD have deals like Citi & MBNA

And what about Capital one

[angel_wing0]

Open question for anyone - experts or novices

Angel, other than the Citi deal 0/12 & the MBNA two deals 0/15 & 1.99% life -are there any other Canadian deals going that have very low % or zero rates for 12 months or more.

By low - 2.99% is way too high

Do any of the major banks BNS, BMO, RBC, TD have deals like Citi & MBNA

And what about Capital one

check the opening post --* :D

[NUTS]

check the opening post --* :D

I saw the grin Angel - and knew it was coming, almost like a Trooper response;)

Serious, the top post could be one-week or older:D

New deals, I want more - give me more (took that line from Olivers jewellers in Toronto)

The goal is $100k minimum in unsecured CC with long 0% interest or for at least 12 months - multiple cards - I'm OK with that

The top post is the standard fare - thanks Angel

It lists one or two favourable deals generally the $5k -$20k single CC deals - with rollovers on expiry or combining deals on the same named cards.

Is that all there is?

[angel_wing0]

I saw the grin Angel - and knew it was coming, almost like a Trooper response;)

Serious, the top post could be one-week or older:D

New deals, I want more - give me more (took that line from Olivers jewellers in Toronto)

The goal is $100k minimum in unsecured CC with long 0% interest or for at least 12 months - multiple cards - I'm OK with that

The top post is the standard fare - thanks Angel

It lists one or two favourable deals generally the $5k -$20k single CC deals - with rollovers on expiry or combining deals on the same named cards.

Is that all there is?


i believe so...at least thats what the entire rfd knows for now.

[NUTS]

i believe so...at least thats what the entire rfd knows for now.

Awe shucks:lol:

[jchanq]

actually one q for the experts again, citi lets u transfer the credit limit between cards like mbna right?

Nope citi never lets you doing that.

NUTS: Your plan is hard to achieve. Good luck.

[angel_wing0]

Nope citi never lets you doing that.

so whatever they give u is what u get unless u get a credit limit raise eh...

i havent apply for the card yet, but i m palnning to lower the cr limits on my other citi cards so they can go to the 0% promo card when i apply for it in jan. Hopefully that will work...

[NUTS]

i believe so...at least thats what the entire rfd knows for now.

found this today - is it of any use


https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=BVP6&lc=en_CA&sid=CA_37240507

[djino]

found this today - is it of any use


https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=BVP6&lc=en_CA&sid=CA_37240507

1.99% for 10 months.

djino
"Meh :|"

[NUTS]

1.99% for 10 months.

djino
"Meh :|"

from page one

from angel_wing0
1.9% for 9 months - Royal Bank Visa, no annual fee
http://www.rbcroyalbank.com/services...EF3166A31E710B

I'm trying to impact here to see if its possible to get any more deals other than the

citi 0%/12 (if the on-line app ever works properly &

MBNA 0/15 & MBNA 1.99% life

I mean, is that all there is - two lousy CC deals - whah-wa :arrow::razz:

[NUTS]

US store credit cards such as Macy's, where a Canadian resident (it seems) can get one - but will only get this when you actually do the store walk-in.

Does this mean that having a US department store card that it may be possible to get a US based Bank of America, Chase, Pulaski Bank or even the Discover card?

Anyone have any knowledge, experience or having done this that they would like to share with us :idea:

[habs53]

Hi first post here. About a week ago i apply for a citi card. Since i have not got a phone call or anything, should i assume that i never got approved? Anybody have an idea what fico score you need to get one?

[angel_wing0]

found this today - is it of any use


https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=BVP6&lc=en_CA&sid=CA_37240507

well 10 months is a month better than 9 months i suppose...lol

u must be desperate for money :p

[NUTS]

well 10 months is a month better than 9 months i suppose...lol

u must be desperate for money :p

Nope, just moving along the money trail goal in trying to reach the target of $100k in unsecured CC - upward and onward

After all Angel - why do you need to wait so impatiently to get to early next year to apply for the citi card-something about 6 months you said

We Canadians are so passive

[realdeal99]

NUTS if you haven't realized we are in the middle of a financial crisis!! I really don't think Citi is going to be really lenient and giving credit to everybody. They have tightened their policies considerably and are reducing the amount of credit available to existing customers.

GL in your quest to $100k. I don't wanna ruin your dreams, but take a good luck at reality. This is not the same economy as 2-3 years ago, where everyone and their dog was approved for credit and banks were giving away loans as if they were lollipops!

[animatic]

I just called MBNA now and asked for the 15 month 0% intrest promotion, so she completed a new application for me and said please wait 2-3 weeks for the card.
I used: 1866-544-4104
.



I just applied for the card using the BODX code (I was asked immediately) and filled out the application with the CSR.
I was a little fuzzy at the end, I didn't hear anything about 2-3 weeks, just something about future contact from a CR Analyst.

I didn't get 'pre-approved' for any amount she mentioned, should I be worried?

---

[angel_wing0]

I didn't get 'pre-approved' for any amount she mentioned, should I be worried?

---


no u shouldnt, u just need to wait/be patient :D

[animatic]

Good to hear, I'll try. :)

[angel_wing0]

Good to hear, I'll try. :)

yip 3-4 week kind of try :)

[omegas_decree]

I tried applying online for the 3.99% MBNA. Got a call today from a credit analyst who asked some extra info and determined that he cannot approve me due to my student status and that I don't have enough credit history (1 year with a BMO Mastercard and 3 years with a TD Visa). He suggested that I apply for a student credit card with my school, but I explained that they wouldn't have the promotional rate on balance transfers, but he kept insisting that what I wanted was just a credit card. So no good for this card.

Should I try calling the 3rd party number that I saw someone in this thread and create a new application or what other options should I try?

[angel_wing0]

u can try, but it will still go thru the same credit analyst in ottawa. I dont think students are able to get it unless u can prove u actually have income during the year, and not just with what u have in your bank account already.

[NUTS]

Hi first post here. About a week ago i apply for a citi card. Since i have not got a phone call or anything, should i assume that i never got approved? Anybody have an idea what fico score you need to get one?

well, I'll tell ya!

Last week a few of us on here had problems applying on-line - the web page was screwing up real bad not accepting our applications - seems cashe, but, finally using a few tricks on this past Monday I managed (changing employer name putting it into my own name) got past page one and finally page two, I was successful in making two on-line citi card applications in a 24-hr span

This afternoon the call came from citi's CS & credit rep in Mississauga about my screwy on-line application, asking all the security questions - they asked where I worked and why I had put down my own name.

After the long dialogue, I told the rep that citi's web application is the worse (laughter from the rep) - yeah-he said that happens.

Application cleaned up - the rep said 5-7 business days to decision time

The rep provided a number to call direct at 1-888-395-7039, as the one to use to check an application status.

Before Angel & Trooper ask -'did you' - yes, I asked to get instant approval & to speak to a credit analyst. Response was no need - 5-7 days processing time.

Quite obvious that citi is nowhere near as friendly as MBNA

[angel_wing0]

actually citi doesnt have instant approval, only MBNA does ;):lol:

[NUTS]

actually citi doesnt have instant approval, only MBNA does ;):lol:

the call today proved that-thanks

Angel, (refresh) why do you have to wait 6-months to apply for that citi card.

Do you already have one of those 0/12 mths?

[Discount]

I tried to get this awhile ago and got denied :-(. What kind of Fico score is needed to get approved? Im in the upper 600s right now. Any tips?

[habs53]

I tried to get this awhile ago and got denied :-(. What kind of Fico score is needed to get approved? Im in the upper 600s right now. Any tips?

yeah i was kinda wondering that as well. it will be a week tomorrow and no word. oh well, maybe ill try the MBNA card. can u get instant approval with that online, or only by phone? anyone know?

[BadDrafter]

from 902linger, 0% for 12 months - Citibank Mastercard, no annual fee. 1% transaction fee
http://www.citicards.ca/canada/cards...ccess_code=V8G

No longer 12 months, please fix.

[angel_wing0]

from 902linger, 0% for 12 months - Citibank Mastercard, no annual fee. 1% transaction fee
http://www.citicards.ca/canada/cards...ccess_code=V8G

No longer 12 months, please fix.

it's 12 months when u apply online..even though it doesnt say that on the page.

[montyhall]

it's 12 months when u apply online..even though it doesnt say that on the page.

Is it 12 months from the day you apply? From what I see in the fine print on the we site it looks like it's until April 2009. :cry:

Can someone confirm?

And if that's the case, would the 0% for 5 months w/ a BT fee of 1% be worth it?

[angel_wing0]

Is it 12 months from the day you apply? From what I see in the fine print on the we site it looks like it's until April 2009. :cry:

Can someone confirm?

its 12 months when u are approved i believe.

It's been confirm X times in this thread already :D

[NUTS]

from 902linger, 0% for 12 months - Citibank Mastercard, no annual fee. 1% transaction fee
http://www.citicards.ca/canada/cards...ccess_code=V8G

No longer 12 months, please fix.

Agree with Angel on this that - never mind what the web page says - it is still (as far as I know) 12-months when applying on line - when & if you get the card and cardholder agreement, it should say 12-months

Unless and of course anyone has received within November the web application approved card that says different

[NUTS]

And if that's the case, would the 0% for 5 months w/ a BT fee of 1% be worth it?

From whats been posted here they wont budge on the lowering of the BT fee

Suppose that you get a $5k - $10k card with 0%/5mths and the BT fee is 1%

Of course it is worth it - IMO, at $5000 with 1% BT fee thats only $50 - right

Better still - bank on getting 0/12 & if you do not get it, simply use the card for 5-months, pay it off - leave it sitting there open with zero balance

alternate to that you still have available to apply for

from angel_wing0
1.9% for 9 months - Royal Bank Visa, no annual fee

http://www.rbcroyalbank.com/services...EF3166A31E710B

https://wwwa.applyonlinenow.com/CACCapp/Ctl/entry?sc=BVP6&lc=en_CA&sid=CA_37240507

[Snicla]

Sorry for dumb question, but what's BT fee?

[Amazing2]

Sorry for dumb question, but what's BT fee?

Balance Transfer. ;)

[stephenxxx]

weird thing happen today
i did a BT one week ago for $7350 and off course the BT fee is $73.50 i try to call them for twice to let them bring down the BT fee from 1% to 0.5% they just keep saying no to me what ever i ask for credit spec or manager they just don't do it for me ~~~~~~!!
i did my third try today
guess what~!
a CS said we will not charge you any BT Fee
and i said "really? you guy not charge me intrest and BT fee?? all 0%?"
she said yes.
ha? should i be happy or just a newbi CS?

[meds06]

MBNA agreed to take a 75$ loss to stop harrassement

weird thing happen today
i did a BT one week ago for $7350 and off course the BT fee is $73.50 i try to call them for twice to let them bring down the BT fee from 1% to 0.5% they just keep saying no to me what ever i ask for credit spec or manager they just don't do it for me ~~~~~~!!
i did my third try today
guess what~!
a CS said we will not charge you any BT Fee
and i said "really? you guy not charge me intrest and BT fee?? all 0%?"
she said yes.
ha? should i be happy or just a newbi CS?

[champ91]

Sorry for dumb question, but what's BT fee?

It's the fee associated with transferring a credit card balance to the new account, or the fee for transferring the money to your bank account. Usually, the promotional rate is 1% of the amount transferred. so if you transfer 10,000 dollars to your bank account, you would have a fee of $100 which would have to be paid on the next statement.

[synaptech]

weird thing happen today
i did a BT one week ago for $7350 and off course the BT fee is $73.50 i try to call them for twice to let them bring down the BT fee from 1% to 0.5% they just keep saying no to me what ever i ask for credit spec or manager they just don't do it for me ~~~~~~!!
i did my third try today
guess what~!
a CS said we will not charge you any BT Fee
and i said "really? you guy not charge me intrest and BT fee?? all 0%?"
she said yes.
ha? should i be happy or just a newbi CS?

I negotiated the percentage before the transfer. At that point you still have some small leverage.

[Snicla]

Ahhhhhh, lol now it makes sense :D thanks guys.

[djino]

Well I got my card in the mail yesterday. Activated and ask for BT. They would not lower to 0.5% :(.

Dude kept telling me that we used to be able to do that, but cannot no longer due to the economy or some BS like it.

djino
"1% BT for me :("

[peacestar]

I appllied for citi master card on Nov 7th. I called today and they told me it is already approved and I will get in the mail wtihin two weeks. She confirmed I am eligible for 0% balance transfer for 12 months but there is 1% fee.

[scorpy]

I appllied for citi master card on Nov 7th. I called today and they told me it is already approved and I will get in the mail wtihin two weeks. She confirmed I am eligible for 0% balance transfer for 12 months but there is 1% fee.

where did you apply exactly..i would like to do the same thing!

[synaptech]

Well I got my card in the mail yesterday. Activated and ask for BT. They would not lower to 0.5% :(.

Dude kept telling me that we used to be able to do that, but cannot no longer due to the economy or some BS like it.

djino
"1% BT for me :("

I called last night and was given 0.5.

[peacestar]

where did you apply exactly..i would like to do the same thing!

I applied through the citi web site.

[angel_wing0]

Well I got my card in the mail yesterday. Activated and ask for BT. They would not lower to 0.5% :(.

Dude kept telling me that we used to be able to do that, but cannot no longer due to the economy or some BS like it.

djino
"1% BT for me :("

yeah...i think it will be easier if u ask thru a credit analyst...csr will not drop them it seems.

[*Charmy*]

Hey guys.

This is a great thread. Thanks for all the wonderful info :)

I was wondering - after using the MBNA 0% card for 15 months for arbitrage purposes, is it possible to immediately cancel the card after the 15th month and reapply - and in this way have a yearly source of income through them? Or would the MBNA stop accepting applications when it becomes clear I'm only using (abusing..?) them for the 0% APR?

I was planning on doing this through my TFSA (making the interest gained on the money income tax-free) while using my RRSP for my other investments. This would keep my TFSA contributions maxed out - so I would be taking full utilization of the tax-advanced vehicles offered in Canada. If this is a one-shot thing with MBNA then I wonder if I should be saving the 0% offered by this card for when my TFSA is big enough to hold the entire limit. (grows by $5000 each year)

Insights from anyone who has had success canceling and reapplying for the card would be especially welcome. :D

Thanks!

P.S. One final question - is your credit score adversely effected by having specific credit cards close to your credit limit, or your TOTAL available credit close to the credit limit? I intend to ask for ~10,000-15,000 for my first MBNA card and increase it by about $5000 every 15 months with each new card application. However, I've heard its a bad idea to use the entire limit due to the credit score hit from max utilization. However, I do have other credit cards - for a total credit about $20,000. So if I capped out the MBNA and I still have plenty of credit in my other cards would my credit score be hurting?

[NUTS]

Hey guys.

This is a great thread. Thanks for all the wonderful info :)

I was wondering - after using the MBNA 0% card for 15 months for arbitrage purposes, is it possible to immediately cancel the card after the 15th month and reapply - and in this way have a yearly source of income through them? Or would the MBNA stop accepting applications when it becomes clear I'm only using (abusing..?) them for the 0% APR?


I see no abuse - merely using OPM for arbitrage - go for it -yes, second card, there are posts on here folks that have done what you're thinking about


I was planning on doing this through my TFSA (making the interest gained on the money income tax-free) while using my RRSP for my other investments. This would keep my TFSA contributions maxed out - so I would be taking full utilization of the tax-advanced vehicles offered in Canada. If this is a one-shot thing with MBNA then I wonder if I should be saving the 0% offered by this card for when my TFSA is big enough to hold the entire limit. (grows by $5000 each year)

Insights from anyone who has had success canceling and reapplying for the card would be especially welcome. :D


You're on the right track IMO


P.S. One final question - is your credit score adversely effected by having specific credit cards close to your credit limit, or your TOTAL available credit close to the credit limit? I intend to ask for ~10,000-15,000 for my first MBNA card and increase it by about $5000 every 15 months with each new card application. However, I've heard its a bad idea to use the entire limit due to the credit score hit from max utilization. However, I do have other credit cards - for a total credit about $20,000. So if I capped out the MBNA and I still have plenty of credit in my other cards would my credit score be hurting?

Max out always - just keep your score clean by making payments on time

[baboon's ass]

and the lady said i will receive my card between 5 to 10 days. i asked how much i was approved for and she said i will find out when i receive my card and can ask for an increase on my limit then. i might call on monday and ask them to have it couriered.

thanks to all those who contributed.

[alanbrenton]

Is the MBNA 3.99% for life link dead? Does anybody have an active link to that? I can't seem to find that on the MBNA.ca website anymore?

[omegas_decree]

I remember reading that the citi mastercard online application page was rejecting the employer fields. Well, mine doesn't like my address. Guess I have to call.

[djino]

Is the MBNA 3.99% for life link dead? Does anybody have an active link to that? I can't seem to find that on the MBNA.ca website anymore?

Its not dead, you are just seeing another advertisement. If you refresh a few times, it will come back.

djino
"but why would you want 3.99% when you could call and ask for either 2.99% or 1.99%? :)"

[alanbrenton]

Its not dead, you are just seeing another advertisement. If you refresh a few times, it will come back.

djino
"but why would you want 3.99% when you could call and ask for either 2.99% or 1.99%? :)"

That's good news. So did you actually see that ad Djino?

I will be applying for the 1.99% though some people on the forum have mentioned that it can be in the form of a 1.99% balance transfer cheque for an existing credit card. Can anyone confirm this?

I'd rather get these cheques as I already have a significant credit limit with MBNA and I still have big balances on my two zero/low balance transfer credit cards.

[stoneagepc]

thanks for posting the deal guys....got the 15 months at 0% with a $15.000 balance....

[angel_wing0]

thanks for posting the deal guys....got the 15 months at 0% with a $15.000 balance....

u mean $15,000 not $15 :D

congrats :)

[djino]

That's good news. So did you actually see that ad Djino?

Yes, I usually see it as the first add when I goto mbna.ca . If I dont, I just refresh a few times and it will come up eventually.

I will be applying for the 1.99% though some people on the forum have mentioned that it can be in the form of a 1.99% balance transfer cheque for an existing credit card. Can anyone confirm this?

When you apply for the 1.99%, 2.99%, 3.99%, you are applying for a new credit card which will give you that Interest rate on any Balance Transfers you setup on the account in the first 90 Days for the life of the Balance until paid off.

Once you receive the card in the mail and activate, you can either request cheques for you to setup balance transfer yourself, or you can ask the CSR to pay another credit card/bank account in your name for you.

djino
"doing the latter, will give you the opportunity to negociate the 1% Balance Transfer Fee :)"

[angel_wing0]

and try to ask a cr analyst to give u the 0.5% fee, the csr will NOT give it for sure. Damn them...

[pimpbob]

thanks everyone who posted about the 0% for 15 months!

Just got approved for $80,000, enough to cover my entire mortgage!

[Snicla]

thanks everyone who posted about the 0% for 15 months!

Just got approved for $80,000, enough to cover my entire mortgage!

dont spend it all in one place ;)

[angel_wing0]

thanks everyone who posted about the 0% for 15 months!

Just got approved for $80,000, enough to cover my entire mortgage!

80k?! WOW.

[brunes]

Anyone else noticed Capital One has changed their Prime + 0.9 card to Prime + 1.8% - as in DOUBLE the markup?

[NUTS]

thanks everyone who posted about the 0% for 15 months!

Just got approved for $80,000, enough to cover my entire mortgage!

no friggin way - OK, so how did you do it - what qualified you for the $80k (details please)- that was absolutely amazing

if you post it here, I promise not to tell anyone else

[NUTS]

and try to ask a cr analyst to give u the 0.5% fee, the csr will NOT give it for sure. Damn them...

not quite true Angel

The CSR that I dealt with on activation just over a week ago gave me the 0.5%

Some do - some dont, I suppose:-0

[pimpbob]

no friggin way - OK, so how did you do it - what qualified you for the $80k (details please)- that was absolutely amazing

if you post it here, I promise not to tell anyone else

I called to find out what the hold up was on my application and the girl said it wasn't processed yet so she would qualify me on the spot. She ended up giving me a limit that was $5k higher than my highest credit limit credit card that I currently have.

[markdweasel]

All,
Anyone got the latest CITI MC link + code? It's been 3 months since I cancelled the card. Time to re-apply.
Thanks a mill in advance.

Mark

[angel_wing0]

All,
Anyone got the latest CITI MC link + code? It's been 3 months since I cancelled the card. Time to re-apply.
Thanks a mill in advance.

Mark

its the same link posted on the first page...or should be (havent checked myself)

[NUTS]

I called to find out what the hold up was on my application and the girl said it wasn't processed yet so she would qualify me on the spot. She ended up giving me a limit that was $5k higher than my highest credit limit credit card that I currently have.

I kneel before you & say very impressive - $80k on a 0/15

There were folks on here who said it would be almost impossible to get $100k on unsecured credit cards

What will they say now to what you have accomplished - I wonder!

One last question pimpbob, with the $80k that you have on the MBNA card - would you mind telling us the in-total credit limit(s) that you have on all unsecured credit cards

Thanks

[Discount]

Bah I called and they said the bodx promo ended 7 months ago and now all they have are %10 promos. I then pointed out the 1.9 for 6 months and thats the best they would offer me. ggrr WTF

[NUTS]

Bah I called and they said the bodx promo ended 7 months ago and now all they have are %10 promos. I then pointed out the 1.9 for 6 months and thats the best they would offer me. ggrr WTF

keep calling back, 1, 2 , 3 times different CSR you will get it

The line that I used when they said 'the promo has ended", I simply stated 'impossible, I got the pomo during the summer months' and I got mine very recently

Others have called in and said "a friend of mine recently got this offer"

Give it a try - and let us know

Never take no for an answer - even pimpbob just got $80k 0%/15mths

Good luck

[Discount]

Bah I called and they said the bodx promo ended 7 months ago and now all they have are %10 promos. He even asked if I saw that deal on "redflagdeals.com"I then pointed out the 1.9 for 6 months right on the front page of their website and thats the best they would offer me. ggrr WTF

[scorpy]

i am looking for the citi card 0% 12month link...anyone knows where i can find that..i looked and could not find it.

thank you!

[NUTS]

Bah I called and they said the bodx promo ended 7 months ago and now all they have are %10 promos. He even asked if I saw that deal on "redflagdeals.com"I then pointed out the 1.9 for 6 months right on the front page of their website and thats the best they would offer me. ggrr WTF

call again - this time call 1-866-544-4104

say you are calling for the MBNA card with 0% 15 mths, saying that your friend recently got the card

use BODX or BODZ

[angel_wing0]

i am looking for the citi card 0% 12month link...anyone knows where i can find that..i looked and could not find it.

thank you!

its in the first post! --*

[uzer101]

its in the first post! --*

just called them and the best u get is .9% with the city till APRIL , 2009. same thing with the link.

anyone got the city code?

[krausj]

My story is like this,
I applied online 2 months ago for the 3.99%, at that time I taught that I got a good deal ,
last week Monday I was reading here, on one of the post that MBNA is still issuing 1.99% lifetime
and how to get it...
I called 1 866 478 3666 and I asked the agent if I can get the 1.99% lifetime because my friend got one too, she put me on hold and got back to me and took all the info, I got the card today, I called up MBNA and they switched over my credit limit from my other card, and I negotiated a 0.5% cash advance fee,( IF YOU DONT ASK YOU WILL NEVER GET IT )
Thanks again for all the advice that I got from here , it saved me allot of money

[angel_wing0]

just called them and the best u get is .9% with the city till APRIL , 2009. same thing with the link.

anyone got the city code?

yes u have to apply online. Even thou it says till april 2009, u will get it for 12 months. It has been confirmed by numerous ppl here.

[chris103610]

wow this thread has gotten alot of work.
Good for you OP.

this is a pretty good deal i guess.
while having a lower interest rate, this could be costly... you might feel too comfortable and think that you aren't paying that much so you might let payments slide etc.

i think the best thing to do is don't spend what you don't have. i've never paid interest and i do not plan to.

but i guess you can go wrong with 4%

[Snicla]

the website is so bad

[alanbrenton]

My story is like this,
I applied online 2 months ago for the 3.99%, at that time I taught that I got a good deal ,
last week Monday I was reading here, on one of the post that MBNA is still issuing 1.99% lifetime
and how to get it...
I called 1 866 478 3666 and I asked the agent if I can get the 1.99% lifetime because my friend got one too, she put me on hold and got back to me and took all the info, I got the card today, I called up MBNA and they switched over my credit limit from my other card, and I negotiated a 0.5% cash advance fee,( IF YOU DONT ASK YOU WILL NEVER GET IT )
Thanks again for all the advice that I got from here , it saved me allot of money

Was it a CSR or Credit Analyst you spoke to? Also, was this the Indian call center or the Ottawa-based center -- what time did you make the call? I'm a little extended right now (with low balance transfer offers) and am not sure if I can get an immediate decision over the phone but it's too good a deal to pass up. Are chances better if there currently are no credit card outstanding balances?

[angel_wing0]

but i guess you can go wrong with 4%

i believe 4% is too high...even 3%..but 2%? I will take that.

[wit]

thanks everyone who posted about the 0% for 15 months!

Just got approved for $80,000, enough to cover my entire mortgage!

That's ALOT!:D

[realdeal99]

I just got approved for the 0%/15 card. When the CSR called me to tell me I got approved at that time I told her to do the BT for one of my cards. No problem. Then i asked if there was a fee for this, she said yes 1%. I asked her if there was any way they could reduce that and she said, sure i'll give you half percent. Very easy!!

DISCOUNT call that number NUTS gave you, that's the same one i called 2 weeks ago and used the BODX code. Very easy!!

Also, what's the process for getting an increase on these cards. Is it easy?? How lenient are they on giving you an increase right after they have approved you for a certain amount?

Thanks,
RD99

[NUTS]

I just got approved for the 0%/15 card. When the CSR called me to tell me I got approved at that time I told her to do the BT for one of my cards. No problem. Then i asked if there was a fee for this, she said yes 1%. I asked her if there was any way they could reduce that and she said, sure i'll give you half percent. Very easy!!

Also, what's the process for getting an increase on these cards. Is it easy?? How lenient are they on giving you an increase right after they have approved you for a certain amount?

Thanks,
RD99

RD99, congrats on the MBNA 0/15 which BTW came from info I posted from others on here (Angel & Trooper)

For that increase on the credit limit - what I did on activation was to ask immediately to speak to that credit analyst - telling them I wanted an increase - in turn she asked "how much"

I said 'double what you've given me' as well as saying - "$200k would be good"

Laughs - the analyst said - ermm I can only authorise 25% of what income you put on your original application

a) you can then either ask for more and how to get it

b) ask over what period would you normally give an increase & can that be done within 3-months

[Discount]

Why do some csrs get snappy when asking for this deal? When I said I was clling about the BODX deal the guy asked if I saw that on RFD. I said yes then he went on to say its been over for 7 months. So I asked if they have any similar deals. He said 9.99 was the best rate they have...even though thats obviously bs as on the first page of the website it has a 1.99 for 6 months showing.

****ing lying little #$%^ sucker. Why do they lie like thi? Do they get less commission of the good deals so they pretend they dont exist?

What kind of stuff do you need to get approved? I have a 670 fico. What is everyone who approved fico and debt to asset ratio??

If I call back first thing il ask is whats the best deal for BT. If he says something obviously a lie I will straight out tell him thats a lie and I dont do business with lyers. Please put me through to anyone else so that you get 0 commisions on this transaction. Have a nice day!

Rant over.

[Discount]

would it be possible to get this card with 670 fico and D to A of around 80-90%? Income 35-50k?

Do they verify income?

[Discount]

I was reading about D/A ration and supposedly if your over 45% no card company will approve you. But doesnt anyone with a mortage have a D/A ratio well over 1???

I could really use this card to help ofset some stupid loans I have. Such as dell finanancial where im paying a ridiculous 28% interest. :(

[NUTS]

Why do some csrs get snappy when asking for this deal? When I said I was clling about the BODX deal the guy asked if I saw that on RFD. I said yes then he went on to say its been over for 7 months. So I asked if they have any similar deals. He said 9.99 was the best rate they have...even though thats obviously bs as on the first page of the website it has a 1.99 for 6 months showing.

****ing lying little #$%^ sucker. Why do they lie like thi? Do they get less commission of the good deals so they pretend they dont exist?

What kind of stuff do you need to get approved? I have a 670 fico. What is everyone who approved fico and debt to asset ratio??

If I call back first thing il ask is whats the best deal for BT. If he says something obviously a lie I will straight out tell him thats a lie and I dont do business with lyers. Please put me through to anyone else so that you get 0 commisions on this transaction. Have a nice day!

Rant over.

whoa -

try this

1. call one of the following two numbers from page one - not the Ottawa number

1-866-544-4104 or 1-877-428-6060

nice a smooth like a con job simply say 'hi how are you - can you help me' -and that you are calling about the MBNA platinum 0% balance transfer 15 Months

Pause exactly 10 seconds - see what they say

be prepared for:

We dont have this deal available now -

The deal has ended

Did you hear about this on RFD -to this you say who/what - no

Sorry the only deal we have is a high interest rate card zero 6-months (along those lines)

You are ready to go back at them nice and cool

a) My friend just applied two weeks ago, got the card and said that you nice people were so helpful

b) Impossible the deal is over, I received the deal in the mail during the summer

c) Well, if its not available - too bad I will have to look elsewhere at other card offerings - thanks for your time

Repeat - back to step 1


hope this helps - let us know

BTW, this same approach can be used calling MBNA Ottawa directly - several times if need be

Call at different times of the day - mid morning is good 10 -11am EST

[krausj]

I called 1 866 478 3666 and I asked the agent if I can get the 1.99% lifetime because my friend got one too, she put me on hold and got back to me and took all the info, I got the card Monday, A friend in the office got it today too
You just have to ASK, Good Luck

[superdeals]

I called 1 866 478 3666 and I asked the agent if I can get the 1.99% lifetime because my friend got one too, she put me on hold and got back to me and took all the info, I got the card Monday, A friend in the office got it today too
You just have to ASK, Good Luck

I tried. CSR was asking for Promo code. Can anybody help with promo code for 1.99%. Thanks

[MaximDude]

Did anyone else get an extension in the mail for their 0% deals? I just got one yesterday that extended the mine from Jan 09 to Jan 10. Wooohooo!

52" LCD flatscreen, here I come! :D

[bladeofnoir]

Is the 15 month MBNA card the only one with $10 monthly payment? Is it the regular 2% or 3% monthly balance for CITI or any other card discussed in this thread? Thanks for a great thread!

[djino]

Is the 15 month MBNA card the only one with $10 monthly payment? Is it the regular 2% or 3% monthly balance for CITI or any other card discussed in this thread? Thanks for a great thread!

I would say about 95% of MBNA's credit products (Fix Pay products excluded) are Interest + $10. This includes the 15 month 0% promo aswell as the 1.99%, 2.99%, 3.99% life of Balance offers.

djino
"$10/month would be your minimum payment for the 15 month promo since Interest is $0"

[cervelott]

Just got $50K at 1.99% for life. Transfer fee of 0.5%. Thanks for all who brought this deal to this forum...especially the lower transfer fee. You guys saved me a ton!!! Going to put a bunch against my mortgage. One thing I did not know (because I initially applied for a new platinum card) was that your credit rating is affected every time they look at it. So the shell game of opening different cards to get different deals may potentially affect your credit rating. I was told it amounts to a deduction of 10 points every time, but get this, out of a total of a possible 800 points---not a big deal I'm thinging.
to prove the point they came back to me 5 days later with the offer for 1.99%, this after receiving an offer in the mail for 4.99%.
Apparently offers are going to get sweeter in the next few weeks on account of what is happening in the economy and with lending rates (according to one of the CSRs I was talking to).

[NUTS]

Just got $50K at 1.99% for life. Transfer fee of 0.5%. Thanks for all who brought this deal to this forum...especially the lower transfer fee. You guys saved me a ton!!!
Apparently offers are going to get sweeter in the next few weeks on account of what is happening in the economy and with lending rates (according to one of the CSRs I was talking to).

Brilliant & congrats

-Now would you please share with us some info on what mechanisms or how you qualified for $50k at 1.99%

-Do you have several cards - and they MBNA did dthe balance transfer

-Was it a straight application with 50k given to you based on the income that you put in your original application - since MBNA generally rules that they will give you only 25% credit of what the income is that was put on the application

-Other

Thanks


P.S did they do a check of your income?

[synaptech]

I am no financial expert, but you might want to check how interest is calculated on the CC vs the mortgage.

Just got $50K at 1.99% for life. Transfer fee of 0.5%. Thanks for all who brought this deal to this forum...especially the lower transfer fee. You guys saved me a ton!!! Going to put a bunch against my mortgage. One thing I did not know (because I initially applied for a new platinum card) was that your credit rating is affected every time they look at it. So the shell game of opening different cards to get different deals may potentially affect your credit rating. I was told it amounts to a deduction of 10 points every time, but get this, out of a total of a possible 800 points---not a big deal I'm thinging.
to prove the point they came back to me 5 days later with the offer for 1.99%, this after receiving an offer in the mail for 4.99%.
Apparently offers are going to get sweeter in the next few weeks on account of what is happening in the economy and with lending rates (according to one of the CSRs I was talking to).

[cervelott]

Had an existing card with $40,000 balance. Paid it off before the 0% for 15 months deadline. Tried to get the 1.99% for life on that card but they would not give it to me after several tries. Called again after paying off the balance and applied for a new card and was given 1.99% on that one for life...however as it was a new card they only approved me for $10,000. I called to cancel the first card (0% one), and they then gave me the schpel about the hit on my credit rating. Few days later they called me back saying I was eligible for the 1.99% for life and when I requested a consolidation of the two cards they just added the two credit limits together. My credit limit is 25% of annual income. I don't think they ever checked my pay stubs (15 months ago-didn't this time I guess because I was a current customer) if I remember correctly...but they do ask for your social insurance number. Hope that helps.

[bladeofnoir]

I would say about 95% of MBNA's credit products (Fix Pay products excluded) are Interest + $10. This includes the 15 month 0% promo aswell as the 1.99%, 2.99%, 3.99% life of Balance offers.

djino
"$10/month would be your minimum payment for the 15 month promo since Interest is $0"

Thanks Djino!!!!

[NUTS]

Had an existing card with $40,000 balance. Paid it off before the 0% for 15 months deadline. Tried to get the 1.99% for life on that card but they would not give it to me after several tries. Called again after paying off the balance and applied for a new card and was given 1.99% on that one for life...however as it was a new card they only approved me for $10,000. I called to cancel the first card (0% one), and they then gave me the schpel about the hit on my credit rating. Few days later they called me back saying I was eligible for the 1.99% for life and when I requested a consolidation of the two cards they just added the two credit limits together. Hope that helps.

That is good info to know

It also assumes that someone holding a 0% card with a balance would pay that down to zero, then apply for a 1.99% life card - thus transfering the open credit limit from the zero balance card and combining it to the 1.99% card.

I think that from what I read between the lines is a process (quite a tricky one too) that it is like a chicken & egg situation

Can I get some feedback please on the following - would it be better to:

a) Get an MBNA 0% card with as much credit limit as possible on it (do a cash BT) . Go the full 0% time term - pay off the 0% card then apply for the 1.99%

b) Get an MBNA 0% card with as much credit limit as possible on it (do a cash BT) . Go the full 0% time term & before paying off the 0% card - apply for the 1.99% card and transfer the whole amount from card one to card two - asking them to then cancel card one, with MBNA hopefully really pleased that you will be paying them more money

c) Get an MBNA 0% card with as much credit limit as possible on it (do a cash BT) and immediately after getting this card apply for the 1.99% card call and have the 0% card limit combined with the 1.99%

Which method or approach will work best?

[pimpbob]

I kneel before you & say very impressive - $80k on a 0/15

There were folks on here who said it would be almost impossible to get $100k on unsecured credit cards

What will they say now to what you have accomplished - I wonder!

One last question pimpbob, with the $80k that you have on the MBNA card - would you mind telling us the in-total credit limit(s) that you have on all unsecured credit cards

Thanks

Lets see.. I have
75g VISA
80g MBNA now
65g VISA
65g Amex
5g MBNA
no limit corp amex

and a 480g secured heloc
and a 120g secured heloc

[T3rry]

is there a priority code for the 1.99 forever on BT's card? i called the ottawa number and the guy said they have so many promos they need the code, if i had the code he'd gladly do it for me, but he needs that code, doesn't anybody have one? or can explain to me how to get the 1.99?

i've skimmed the past 5 pages but did not see an actual explination of how to get it.


EDIT: called again, talked to someone else, he said i need the code, he said with the 1.99% promo you NEED the code and do not have access to the codes... maybe i'll call the india number.

EDIT: called the India Number and they gave it to me right away, unfortunately that means no instant approval.

[NUTS]

EDIT: called the India Number and they gave it to me right away, unfortunately that means no instant approval.

which number is the India number?

I was under the impression that instant approval was not possible - if it is, how do you do that?

[angel_wing0]

EDIT: called again, talked to someone else, he said i need the code, he said with the 1.99% promo you NEED the code and do not have access to the codes... maybe i'll call the india number.

EDIT: called the India Number and they gave it to me right away, unfortunately that means no instant approval.

guess u cant get everything~

[NUTS]

Lets see.. I have
75g VISA
80g MBNA now
65g VISA
65g Amex
5g MBNA
no limit corp amex

and a 480g secured heloc
and a 120g secured heloc


that makes you a million dollar income person - yikes.

Now by comparison I feel really poor and nervous having read that someone can get so much unsecured credit

Did you not say this earlier

thanks everyone who posted about the 0% for 15 months!

Just got approved for $80,000, enough to cover my entire mortgage!

& if so, why is it so important for you to have so much credit (especially $600k of secured HELOC) $290K in CC's

I am amazed that after reading this someone needs to have $80k of 0/15 to cover off their mortgage

Doesnt make a sense - then again ...

I'm not being critical, just amazed and curious at all of the numbers

[pimpbob]

that makes you a million dollar income person - yikes.

Now by comparison I feel really poor and nervous having read that someone can get so much unsecured credit


No, it just means I've got a good credit score



Did you not say this earlier



& if so, why is it so important for you to have so much credit (especially $600k of secured HELOC) $290K in CC's


I believe it's important to always have more than you need available for an emergency. If I lose my job, nobody is going to give me that much, even secured, so I got it while I can.



I am amazed that after reading this someone needs to have $80k of 0/15 to cover off their mortgage

Doesnt make a sense - then again ...

I'm not being critical, just amazed and curious at all of the numbers

@ $80k the HELOC interest is still around $300/month. Having 0% for 15 months gives me a savings of $4500

[T3rry]

which number is the India number?

I was under the impression that instant approval was not possible - if it is, how do you do that?
the 877 is the ottawa number, the 866 is the overseas number, not sure what the exact number is... you can only get instant approval from the ottawa number, you can ask to be transferred to a credit anaylist for instant approval.

[NUTS]

No, it just means I've got a good credit score


I believe it's important to always have more than you need available for an emergency.

Agree -


If I lose my job, nobody is going to give me that much, even secured, so I got it while I can.

Wow - I know but you seem to be highly leveraged

It doesnt matter how good your credit score is - its the debt load that you are carrying & paying (good credit score you said), and from the numbers you have put up & the bits in between, you are really saying that you're a million dollar income person?

If thats so - I'm impressed with what you've done - hats off to you



@ $80k the HELOC interest is still around $300/month. Having 0% for 15 months gives me a savings of $4500

You have posted that you have $600k of HELOC - is that fully utilized, if it was do you know how much interest that would be - at 6% its $3k/mth & on top of that $80k mortgage $300/mth + $290k of unsecured credit card payments ... $hit, I have to fess up, that would scare me

[Newbieinvestor]

Brilliant & congrats

-Now would you please share with us some info on what mechanisms or how you qualified for $50k at 1.99%

-Do you have several cards - and they MBNA did dthe balance transfer

-Was it a straight application with 50k given to you based on the income that you put in your original application - since MBNA generally rules that they will give you only 25% credit of what the income is that was put on the application

-Other

Thanks


P.S did they do a check of your income?

Seconded. 50K???

[pimpbob]

It doesnt matter how good your credit score is - its the debt load that you are carrying & paying (good credit score you said), and from the numbers you have put up & the bits in between, you are really saying that you're a million dollar income person?

If thats so - I'm impressed with what you've done - hats off to you

My total debt is the $80k "mortgage". In reality, I've never had a mortgage. I built my first house using money I saved up since I was 12 yrs old. Built it with cash.

My second home, I built using cash and a HELOC on my first home. I owe just over $80k on this HELOC, which is being transferred to the credit card.

I got a HELOC on my second home which has no debt on it for emergencies, and for potentially building more homes.



You have posted that you have $600k of HELOC - is that fully utilized, if it was do you know how much interest that would be - at 6% its $3k/mth & on top of that $80k mortgage $300/mth + $290k of unsecured credit card payments ... $hit, I have to fess up, that would scare me
[/QUOTE]
only just over $80k of the $600k is utilized. I have the HELOCS at prime (4%). My last few interest+insurance payments was $300 combined. I carry zero balance on my credit cards. My worldly debt is just over $80k. Interest is around $300/month, but I dump $2000/month onto it.

Hope that clears it all up. My only debt is the $80k from the HELOC which is being transferred to the credit card.

edit: and before the question comes, I'm 29. I started saving at 12, never spending my allowance, never spending my money from delivering flyers and newspapers. Worked 2 fulltime and 1 parttime job go get myself through university, while saving the entire time. Over the last 3 years, I was able to live cheaply and put around $40k per year into savings. When I started building my 2nd home, I had around $200k saved up to put towards it. I'm the definition of cheap according to my friends. I don't spend unless needed. I'm the typical east indian according to Russell Peters! :)

[NUTS]

Hope that clears it all up. My only debt is the $80k from the HELOC which is being transferred to the credit card.

like I said early up the threads - totally impressed and here is pimpbob that takes an OPM 0/15 even with a beautiful large net worth

BTW, the numbers are still confusing - but I am OK with them

$80k in MBNA = only $320k of income, yet the total unsecured CC (exclude Amex) = $290K which is approximately $1-million of yearly income

Impressive

No more questions, but I'm sure some folks on here are trying to figure out what we just dialogued :cool:;)

[NUTS]

Originally Posted by NUTS
Brilliant & congrats

-Now would you please share with us some info on what mechanisms or how you qualified for $50k at 1.99%


below does not help me understand the original question that I asked you above-quote


Seconded. 50K???

appreciate the feedback - continuing on, learning as always even at my age, especially the CC maze, which I am totally stupid in

[pimpbob]

like I said early up the threads - totally impressed and here is pimpbob that takes an OPM 0/15 even with a beautiful large net worth

BTW, the numbers are still confusing - but I am OK with them

$80k in MBNA = only $320k of income, yet the total unsecured CC (exclude Amex) = $290K which is approximately $1-million of yearly income

Impressive

No more questions, but I'm sure some folks on here are trying to figure out what we just dialogued :cool:;)

I had no idea that they only give you ~25% of your income as unsecured credit. Now I'm confused as to why I was able to get so much credit! My income is only around 80k

[NUTS]

I had no idea that they only give you ~25% of your income as unsecured credit. Now I'm confused as to why I was able to get so much credit! My income is only around 80k

:arrow: :idea::D

the $290k of unsecured credit with MBNA $80K of unsecured 0/15 included is amazing considering that you said your reported income is only $80k

[NUTS]

I had no idea that they only give you ~25% of your income as unsecured credit. Now I'm confused as to why I was able to get so much credit! My income is only around 80k

Pimpbob - to continue

Now I'm really confused after what you said earlier about having $600k worth of HELOC & $290K of unsecured CC

Not questioning - just trying to make sense - & learning


Did you post this back in 11 September at 11:25am - if so the numbers do not make sense even more


Looking for some ideas.

House Value = approximately $480,000
HELOC = $65,000

Been paying it off aggressively.

Now I realized, I only have $5000 in savings and am looking at ways to build savings and came across the 0% MBNA thread.
Thought about
- Apply for 0% card and hopefully get the full amount of my heloc
- Pay off transfer fee (hopefully 0.05%) immediately
- Set up auto transfers to MBNA card for min payments (hopefully $10/month)
- Set up full transfer of remaining balance from heloc to cc 2 weeks before the (hopefully 15 month) due date
- This should hopefully save me around $4500
- Rent out a room for $500/month to a student and dump all the rental income onto the heloc after transferring funds back to mastercard

Good idea? Bad idea? Other suggestions? I'm looking for ways to be debt free by the time I turn 30.

Should I abandon the idea of being debt free by 30 and just covert heloc into an open variable mortgage with no fees, and current rate being 4.4%?

thanks

[ould]

I just got approved for 0%/15 months using BODX and calling 1-877-862-7759. Spoke with Sarah who was very helpful. I tried getting the 1.99%/life of balance a couple times prior but was denied every time. I am using this to transfer a LOC to save on the interest for the 15 months(I will still be paying the principal down as much as I can), just before the 15 months I will transfer the outstanding balance back to my LOC and hope there is another good deal floating around then. Is this kosher? Any thing to look out for in doing this other than making the minimum payments on time.

How does the balance transfer fee work? Is there interest tacked onto it? Can it be paid separately up front?

[T3rry]

I just got approved for 0%/15 months using BODX and calling 1-877-862-7759. Spoke with Sarah who was very helpful. I tried getting the 1.99%/life of balance a couple times prior but was denied every time. I am using this to transfer a LOC to save on the interest for the 15 months(I will still be paying the principal down as much as I can), just before the 15 months I will transfer the outstanding balance back to my LOC and hope there is another good deal floating around then. Is this kosher? Any thing to look out for in doing this other than making the minimum payments on time.

How does the balance transfer fee work? Is there interest tacked onto it? Can it be paid separately up front?

when you phone to do the balance transfer tell the rep the person who processed your app said they may lower your transfer fee if you ask them, they can lower it to 0.5% (then you can borrow 99.5% of the $$) you will have to pay that 0.5% + $10 on your first statement

[zerodude]

I just got approved for 0%/15 months using BODX and calling 1-877-862-7759. Spoke with Sarah who was very helpful. I tried getting the 1.99%/life of balance a couple times prior but was denied every time. I am using this to transfer a LOC to save on the interest for the 15 months(I will still be paying the principal down as much as I can), just before the 15 months I will transfer the outstanding balance back to my LOC and hope there is another good deal floating around then. Is this kosher? Any thing to look out for in doing this other than making the minimum payments on time.

How does the balance transfer fee work? Is there interest tacked onto it? Can it be paid separately up front?


Thanks ould. I got my first mbna card about a year ago (0% 12 months) which is ending soon. I started applying for the citi card to transfer the balance to citi but they make things too complicated and ask for too much info. So I called the same number mbna number you posted and also got Sarah who was very nice and applied for my 0% card with the BDOX code. After my "approval" I was transfered to another lady who asked me a few questions and said "you already have an MBNA card". I said uhuh. So then she said I'm approved for a new card with a 10k limit since I already have another card with them. I asked if I paid my other one off can I get an increase to the 10k limit? She said yes and they would add my old card limit to this one. yeehaaa

[pimpbob]

Pimpbob - to continue

Now I'm really confused after what you said earlier about having $600k worth of HELOC & $290K of unsecured CC

Not questioning - just trying to make sense - & learning


Did you post this back in 11 September at 11:25am - if so the numbers do not make sense even more

Heloc #1 = HAD $65k used of $120k, but loaned 16k out since then
Heloc #2 = House appraised for around $120k more than I expected by the bank. They ended up giving me $480k heloc (currently unused)

Remember, 2 different houses, 2 different HELOCS. Aside from any value taken out of the helocs, I own both houses outright

[NUTS]

heloc #1 = had $65k used of $120k, but loaned 16k out since then
heloc #2 = house appraised for around $120k more than i expected by the bank. They ended up giving me $480k heloc (currently unused)

remember, 2 different houses, 2 different helocs. Aside from any value taken out of the helocs, i own both houses outright

wow

[T3rry]

is there a priority code for the 1.99 forever on BT's card? i called the ottawa number and the guy said they have so many promos they need the code, if i had the code he'd gladly do it for me, but he needs that code, doesn't anybody have one? or can explain to me how to get the 1.99?

i've skimmed the past 5 pages but did not see an actual explination of how to get it.


EDIT: called again, talked to someone else, he said i need the code, he said with the 1.99% promo you NEED the code and do not have access to the codes... maybe i'll call the india number.

EDIT: called the India Number and they gave it to me right away, unfortunately that means no instant approval.

I just called the ottawa number to see if they could give me approval and they transferred me around a few times but i finally got approval for $10k, i asked for an increase, the guy said it's already been final approved so he can not change it but when i call to activate the card i can request an increase... he said my report looks very very good, he couldn't give me any details or my FICO but he said it looks very good.

i also asked if i did a joint account with my wife if i could get more, he said no, based on new lending laws they can only sue the spousal income for approval not for actual lending.

So when i get my card i'm gonna ask for an increase, then call back a few days later to merge my 2 cards and i'll have about $30k 1.99% initial BT forever rate :)

[tsgee]

I would say about 95% of MBNA's credit products (Fix Pay products excluded) are Interest + $10. This includes the 15 month 0% promo aswell as the 1.99%, 2.99%, 3.99% life of Balance offers.

djino
"$10/month would be your minimum payment for the 15 month promo since Interest is $0"

Only the 0% for 15 months minimum payment is $10. The balance for life offers are 2.25% of the balance per month. So for a balance of $10,000 minimum payment is $225.

[angel_wing0]

Only the 0% for 15 months minimum payment is $10.

Yes since its 0% interest :D

[Discount]

No, it just means I've got a good credit score



No it doesnt. You could have a perfect credit score but without a good debt to income ratio and/or a income usually over 35k then they wont approve you for ****.


I would assume you must easly make over 100k per year for that kind of credit. Probably more. Perhaps not though but its got to be up there. Over 100k? How big is your mortgage? (dont mean to pry just interested in how you got that kind of leverage)

[Discount]

Only the 0% for 15 months minimum payment is $10. The balance for life offers are 2.25% of the balance per month. So for a balance of $10,000 minimum payment is $225.

Per month?????? Wouldnt it be per year?

[pimpbob]

No it doesnt. You could have a perfect credit score but without a good debt to income ratio and/or a income usually over 35k then they wont approve you for ****.


I would assume you must easly make over 100k per year for that kind of credit. Probably more. Perhaps not though but its got to be up there. Over 100k? How big is your mortgage? (dont mean to pry just interested in how you got that kind of leverage)

all the details are in this thread already

[najibs]

Anyone else noticed Capital One has changed their Prime + 0.9 card to Prime + 1.8% - as in DOUBLE the markup?

I got the Cap1 Prime + 0.9 a few months back, but locked in for 3 years at Prime + 0.9, which at the time was 6.15%. I wonder if I call them up, and threaten to cancel if they'd 'unlock' the 3 years I originally locked in for/??

[djino]

Only the 0% for 15 months minimum payment is $10. The balance for life offers are 2.25% of the balance per month. So for a balance of $10,000 minimum payment is $225.

Christ!. it is not 2.25% of Balance. ITS INTEREST + $10!!!! (Even for the Life of Balance offers as I have the 1.99%)

At some point I will post a copy of my MBNA bill so people can stop posting false info.

djino
"interest + $10, Interest + $10, INTEREST + $10"

[Discount]

I have a few questions.

For the 1.99 for life deal.


1) What are the ways that you could get screwed and have start paying higher rates? Missing a payment and/or using for purchases? Is that it or are there any other catches?

2) Can you get a cosigner on these cards?

3) On a 25k balance the monthly payment would be 41.46+10 = 51.46...correct?

[Discount]

oops...and also what is the 1.99 code? Thanks!

[angel_wing0]

Anyone else noticed Capital One has changed their Prime + 0.9 card to Prime + 1.8% - as in DOUBLE the markup?

ouch...no capital one for me! I think they are doing that because the prime rate has been lowered...?

[djino]

1) What are the ways that you could get screwed and have start paying higher rates? Missing a payment and/or using for purchases? Is that it or are there any other catches?

i) Not making the minimum payment ontime
ii) I believe if you go over your credit limit

If you make any non-BT (Balance Transfers) within the first 90 Days aswell as ANY BTs/Transactions after 90 Days of account opening, you will still have 1.99% on the BTs made within the first 90 Days.. anything else (purchases before&after 90 Days/BTs after 90 Days) will have 17.99%+ attach to them. Your continued monthly payments will be posted against the lower interest, so you'd still be paying 17.99% on those balances until you've paid off the 1.99% BTs.

So you really only want to use this product as a loan account. Do not do your Xmas shopping on this card. Only use this for BTs within the first 90 Days of opening the account. If you need to do BTs later on (post 90 DayS), open up another account.

2) Can you get a cosigner on these cards?

unconfirmed, but someone did post in one of the MBNA threads that this WAS NOT possible

3) On a 25k balance the monthly payment would be 41.46+10 = 51.46...correct?

Correct, BUT the Interest part is rounded down to the nearest dollar.

In your example it should be (AIR = 1.99):

= Rounded down [(AIR / 100 / 12) * 25,000] + $10
= Rounded down [$41.46] + $10
= $41 + $10
= $51

$51 Minimum monthly payment with an average daily balance of $25,000 with 1.99 AIR.

NOTE: Your BT Fee is 1% ($250). Your next statement following the BT would be $301 ($51 + $250) minimum monthly payment. Each statement thereafter would be $51 minimum monthly payment.

djino
"Make sense?"

[Discount]

i) Not making the minimum payment ontime
ii) I believe if you go over your credit limit

If you make any non-BT (Balance Transfers) within the first 90 Days aswell as ANY BTs/Transactions after 90 Days of account opening, you will still have 1.99% on the BTs made within the first 90 Days.. anything else (purchases before&after 90 Days/BTs after 90 Days) will have 17.99%+ attach to them. Your continued monthly payments will be posted against the lower interest, so you'd still be paying 17.99% on those balances until you've paid off the 1.99% BTs.

So you really only want to use this product as a loan account. Do not do your Xmas shopping on this card. Only use this for BTs within the first 90 Days of opening the account. If you need to do BTs later on (post 90 DayS), open up another account.



unconfirmed, but someone did post in one of the MBNA threads that this WAS NOT possible



Correct, BUT the Interest part is rounded down to the nearest dollar.

In your example it should be (AIR = 1.99):

= Rounded down [(AIR / 100 / 12) * 25,000] + $10
= Rounded down [$41.46] + $10
= $41 + $10
= $51

$51 Minimum monthly payment with an average daily balance of $25,000 with 1.99 AIR.

NOTE: Your BT Fee is 1% ($250). Your next statement following the BT would be $301 ($51 + $250) minimum monthly payment. Each statement thereafter would be $51 minimum monthly payment.

djino
"Make sense?"


Yes most definitely. Thanks. Only thing im surprised about is apparently not being able to have a cosigner. I suppose the cosigner could just get it in their name I suppose.

If I get this i will save like 1500 per year of interest. On my bs dell computer loan I pay the same each month for like 1.5 k than I would be paying per month for the full 25k lol. Sickening. I hope I can get a cosigner ect as my debt to income ratio ****s me every time. :(

[Discount]

Actually I pay more per month on that loan. Its 54.xx per month for a 2k computer i got 2 years ago and I got 2-3 years left to go. :mad: Plus even if I pay the say 99% of the loan the interest still gets charged on the original amount. Its like the worst terms they are legally allowed to give you. I need this card. lol

[djino]

Yes most definitely. Thanks. Only thing im surprised about is apparently not being able to have a cosigner

Well if you had someone to Co-sign that was willing to use their credit for your benefit of a lower Interest rate, why not just ask them to sign up themselves.

Once the account is setup, have them call MBNA to do a BT to their Bank account. Then your Co-signer can write you a check to whatever account you would like to have paid Or they can pay the credit card directly from their bank account. Then you can make the monthly payments by setting up the MBNA account as a bill payment on YOUR bank account.

djino
"<-- has done this for his better half"

[ohosp]

Not sure if they can still reduce transaction fee to 0.5% now, I tried serveral times, no one can reduce it for me.

Any one tried in the last a couple of days?

[djino]

Not sure if they can still reduce transaction fee to 0.5% now, I tried serveral times, no one can reduce it for me.

Any one tried in the last a couple of days?

Yeah, I wasn't able to get it reduced aswell. But Others have posted being able to do it within the past few days.

djino
"I guess it all depends on the CSR you speak with :("

[sienna owner]

finally took the plunge..called the 866 number..lots of spells by the csr. had no code, but said remembered the BDOX one, but wanted the 1.99% for life of balance...took application down & sent thru..over states my annual income..LOL, but not by much. will wait the 5 days before i call in for the status...

[angel_wing0]

djino
"I guess it all depends on the CSR you speak with :("

it has to be a credit analyst. And in order to get the cr analyst to do it for u, u must be able to get them to do something for u (like *successfully* raise your credit limit). Else they will just refer u back to the csr, which sucks.

[OV66]

0% for 15 months
Yesterday I activated my new MBNA card, did BT of $24,700 to savings account and asked for the .5% BT fee and got it(from current 1% ). The rep said you only get it for this transaction, all other BT's will be at 1%.

Thx to all for the education in this thread,
cheers,

[bullet]

hey i have a few questions that im tryin to figure out. ive done readin but im not convinced i understand

i recently got my card for a limit of 2000 dollars.

i put my balance of my other credit card on the mbna card, which is less tahn a grand, so nothing huge. But my queestion is..can i take the remainder of the balance of the mbna card and put it in my own savings or chequing account?

next question is: is this card a good card to use ona daily basis? so far ive read about the balance transfers but not really for regular use ..for example on home appliances and such...

can someone shed light on this issues im having trouble with?

[djino]

i recently got my card for a limit of 2000 dollars.

OK, Understood.

But my queestion is..can i take the remainder of the balance of the mbna card and put it in my own savings or chequing account?

Of course. But What you haven't told us is what promo you applied for (0%-15 months.. or life of Balance Promos).

If Life of Balance, you can only get the AIR on BTs within the first 90 Days. If you are past that point, any other BTs you do is subject to 17.99%.

Someone else can comment if true for 0%-15 months

next question is: is this card a good card to use ona daily basis? so far ive read about the balance transfers but not really for regular use ..for example on home appliances and such

For the life of Balance promos: Purchases do not count towards the low interest rate advertised. Only on Balance Transfers. If you want to make a huge purchase like a home appliance, I suggest paying for it with a different credit card or with debit/cash and then balance transfer that amount paid from MBNA to that account.

0%-15 Month promo, someone else will have to comment on.

djino
"Yup"

[bullet]

Yes i have the 0%-15 Month promo. so this means that i can use my other credit card on a daily basis and simply call mbna to transfer the balanace of my visa to this mbna card? is there a limit on the amount of bts i can do? i got charged 7.50 for the first bt i did this morning.

[djino]

Yes i have the 0%-15 Month promo. so this means that i can use my other credit card on a daily basis and simply call mbna to transfer the balanace of my visa to this mbna card? is there a limit on the amount of bts i can do? i got charged 7.50 for the first bt i did this morning.

You can do as many BTs as up to your credit limit.

[bullet]

u da man

[angel_wing0]

...The rep said you only get it for this transaction, all other BT's will be at 1%.

yeah i guess that is is true indeed then...

[really_doe]

Hi, I read back through the last 5-10 pages or so and do not see any websites listed where I can apply using the code.
I've got 3 questions that hopefully someone can help me out with:

1. Is the only method for applying for the 0% BT card by calling mbna?

2. I have an mbna card that I got in Oct 2007 with 15 months 0% (which is up this Jan) so I am looking for another card to transfer my remaining balance to. Here's the question:
Is it at all possible for me to apply and actually get another mbna card with the current deal--- seeing as how I already have one now?

3. Just to make sure--- is the code BDOX?

Thanks very much in advance for any replies!

[sunnyminz]

0% for 15 months
Yesterday I activated my new MBNA card, did BT of $24,700 to savings account and asked for the .5% BT fee and got it(from current 1% ). The rep said you only get it for this transaction, all other BT's will be at 1%.

Thx to all for the education in this thread,
cheers,

I have a question for you... did they originally give you a $25,000 limit or did you ask for an increase when you activated your card...because I know someone who has very good credit and only got $7,500 when they applied for it (still waiting for the card) so I was just wondering what you said/asked for that they gave you such a high limit?

[OV66]

Quote:
Originally Posted by OV66
0% for 15 months
Yesterday I activated my new MBNA card, did BT of $24,700 to savings account and asked for the .5% BT fee and got it(from current 1% ). The rep said you only get it for this transaction, all other BT's will be at 1%.

Thx to all for the education in this thread,
cheers,

Quote:Sunnyminz
I have a question for you... did they originally give you a $25,000 limit or did you ask for an increase when you activated your card...because I know someone who has very good credit and only got $7,500 when they applied for it (still waiting for the card) so I was just wondering what you said/asked for that they gave you such a high limit?


Reply OV66:
I have not asked for a limit increase as yet, they set this limit for me.
Cheers,


How much more can you get?

[wit]

hey, how long do you guys get your card after approved? I've been waiting for a week but still not receive it:(

[NUTS]

hey, how long do you guys get your card after approved? I've been waiting for a week but still not receive it:(

Being a first timer to MBNA, I applied directly to the MBNA Ottawa centre on October 22 - received it 3-weeks later even after I was approved for my amount.

If the approved credit limit is higher than the $5k - $10k range, it appears that it takes longer than the 7-10 days that folks have posted on here with other factors that come into play such as if you have been with MBNA before

As for how much credit will they give you - I asked MBNA this question on three separate occasions. The credit analyst repeatedly told me that they will extend credit to a max of 25% of the income that someone has put on their original application & no they did not check with my employer

[wit]

Being a first timer to MBNA, I applied directly to the MBNA Ottawa centre on October 22 - received it 3-weeks later even after I was approved for my amount.

If the approved credit limit is higher than the $5k - $10k range, it appears that it takes longer than the 7-10 days that folks have posted on here with other factors that come into play such as if you have been with MBNA before

As for how much credit will they give you - I asked MBNA this question on three separate occasions. The credit analyst repeatedly told me that they will extend credit to a max of 25% of the income that someone has put on their original application & no they did not check with my employer

Thanks for the answer. I was told right on the spot that I was approved. they told me 3-5 days. I just call them and someone told me that it shows "pending approval".:confused:

[JonzoVX]

Cool, called this morning with BODX and got the 0% 15-month card. She said I will receive it in 3-4 weeks after approval.

Can anyone correct me if I'm wrong: If I use this to buy lets say.. a CD. I will pay 17.99% interest on that.

Only get 0% if I do a Balance Transfer, right? So this leads me to this question, what is the definition of balance transfer and how does one do a balance transfer? Is paying my VISA off with this card considered a balance transfer?

[NUTS]

Thanks for the answer. I was told right on the spot that I was approved. they told me 3-5 days. I just call them and someone told me that it shows "pending approval".:confused:

Exactly what I was told after I called back a week after I was also told that I was approved.

In-fact, I think by the time that I annoyed them with four calls as to the status, I then had to opt for the express delivery charge of $10.

All the same I think that the 3-4 weeks wait is the norm & worth the wait

When you receive the card, remember to activate first (do not do the BT at that point) but ask immediately to speak to the credit analyst to get an increase - that hopefully and successfully done - then pop the 0.5% BT fee question. Have your cheque book/bank account number ready to have the money put into your account

Good luck - keep us up to date when you get there

[chucky1]

Hi eveyone! I have been reading this thread for a long time...its awesome thanks it helped me get my first card!

My 0/15 MBNA card has 2 months left before it ends. I worry that this deal won't be around in 2 months givin the current credit situation. I want to apply for a new card.

Should I pay off the first card before I apply for the new one? I want to transfer the limit from one to the other after approved.. Think it will help me to pay off the first one before I apply or does it matter? I carry a 19.5k balance with a 20k limit.

[scorpy]

i cant find the link for the 12month citi card at 0% does anyone can post it here pls. thank you!

[netcbc]

Renewing Citi Card people getting any deals?

[really_doe]

Is it possible for me to obtain a 2nd MBNA card with the 0% BT deal?

[NUTS]

Is it possible for me to obtain a 2nd MBNA card with the 0% BT deal?

if you mean all at the same time after getting the first one and assuming that they already gave you the max credit - then I would say its highly unlikely, especially if you've max'd on the initial credit limit

Others may have their opinions

[Falcon]

If the approved credit limit is higher than the $5k - $10k range, it appears that it takes longer than the 7-10 days that folks have posted on here with other factors that come into play such as if you have been with MBNA before


Hi,

I called to apply on a Wednesday and then called the following Saturday to check my applications status. The department that you would contact to normally check your status was closed which I confirmed after a couple of different selections and was hung up on after recordings told me to call back on a Monday. I had a couple of other questions about the card in general so I called the regular customer service which is open on Saturday. The person who answered only asked for my name and a security question (obviously had the phone number I was calling from) and then said Good morning and how can I help you with your MBNA Platinum Plus MasterCard. Bingo :)! I said I don't know, do I have one and he laughed and said yes and told me the limit after I asked. He also said the card had been mailed on the Friday with a limit more than what is quoted above so I would say the extra processing time for higher limits beyond what is quoted above is not accurate. I have never been an MBNA card holder before or had any of their other products. This card was for 1.99% for life in the first 90 days and then regular rates apply.

[Discount]

Is there anywhere online where this deal is advertised? If not does anyone have a scan of the ad?

Also would it be possible to get the exact details of the terms and conditions somewhere on the net?

Thanks.

[angel_wing0]

i cant find the link for the 12month citi card at 0% does anyone can post it here pls. thank you!

it's on the first page...althou it says up to april 2009...once they approve u it will be 12 months instead. It's been confirmed X times already.

[Discount]

Is there anywhere online where this deal is advertised? If not does anyone have a scan of the ad?

Also would it be possible to get the exact details of the terms and conditions somewhere on the net?

Thanks.

Just wondering because I have a potential cosigner but they are skeptical the deal is legit...

[T3rry]

Just wondering because I have a potential cosigner but they are skeptical the deal is legit...

a cosigner will not help you get more $$ it may help you get approved, but will not help you get a higher limit.

[Discount]

a cosigner will not help you get more $$ it may help you get approved, but will not help you get a higher limit.

If it helps get me approved how would it not help get me a greater limit?

They wont approve me without one due to my debt to income ratio (recent graduate)

[scorpy]

did citi Change there policy?..
My 0% card for 12mth is getting to its end. i would like to get my self a new card...is there a new 1% trasnfer fee?

thank you!

[angel_wing0]

did citi Change there policy?..
My 0% card for 12mth is getting to its end. i would like to get my self a new card...is there a new 1% trasnfer fee?

thank you!

yes there is a 1% bt fee now.

[cervelott]

I don't think they will offer you 1.99% for life before your 0% runs out. That means in your case, paying off the balance before your 0% expires to avoid the big penalty and negotiating for a new card or rate after paying it off. Forget the 1% transfer fee...it can be negotiated to 0.5%. There are no catches to the 1.99% for life as long as you continue to pay your minimum payments plus the $10.00 a month. That means you can literally have this rate for life as long as transfers are made in the first 90 days....it seems to good to be true but in this case it is true.

[oIIIIIo]

I've already got a 2.99% MBNA (I know - not that hot, but it was a 0% BT so not too bad), but it expires in Jan so I pulled the trigger on the 0% for 15. I called the 877-862-7757 # and gave the BODX code. After taking all my info the CSR then consulted with a more senior CSR and told me that offer was expired and insisted that it was no longer available. I could not get anywhere with her, so I hung up and called the India # 866-544-4104 and simply asked for the 0% for 15 month card. She took my info and sent it off for processing. Does this generally mean that I was successful (my credit is good so that won't hold up the application), or might they come back in a couple weeks and then also let me know that this offer is no longer available?

[isleepinadrawer]

but you can just ask them to reduce it to 0.5%?

[angel_wing0]

I've already got a 2.99% MBNA (I know - not that hot, but it was a 0% BT so not too bad), but it expires in Jan so I pulled the trigger on the 0% for 15. I called the 877-862-7757 # and gave the BODX code. After taking all my info the CSR then consulted with a more senior CSR and told me that offer was expired and insisted that it was no longer available. I could not get anywhere with her, so I hung up and called the India # 866-544-4104 and simply asked for the 0% for 15 month card. She took my info and sent it off for processing. Does this generally mean that I was successful (my credit is good so that won't hold up the application), or might they come back in a couple weeks and then also let me know that this offer is no longer available?

u will get the 0% for 15 months, no need to worry.

[GT2QQ0]

Does anyone know when/if the 0% 15 months deal will end? I'm currently on the Citibank 12 months 0.9% rate, which expries in Jan. Anyone know if come January, will I be able to get another transfer deal with Citibank?

I want to apply for the MBNA card, but I'm afraid that I have too much open credit on my Citibank card and it'll affect he limit on the MBNA application. I also have another Amex with $14K no balance outstanding (just cancelled today), a VISA $10K with no balance outstanding and a ULOC with $15K, no balance outstanding. I would like to get 20K (and tranfer funds from my HELOC), My Citicard is $15K limit, but only $2K outstanding.

Should I cancel the Citibank card and apply for the MBNA or wait it out till end of January to see what offers I can get with Citi and maybe just increase the limit slightly?

[cervelott]

Re: 0.5% transfer on the 1.99% for life...I just told them I was aware that they were doing transfers at 0.5% (I was transferring a lot), CSR put me on hold, 30 seconds later he said I was approved at a 0.5% transfer rate.

[sspikey]

Hey i just called in to the 1 877 428 6060 number and was told they wont do 15 months they can only do 12 months. what gives?

Ok so im a complete tool with credit cards
im ggetting odd info here from too much reading
the 0% is ONLY if i have balances on other cards to transfer to MBNA right?

[NUTS]

The Citi card that I applied for on the (screwed up) web application arrived today -10 days after the application. The information with the card had zip about 0% term

I called at 7pm EST to activate it, with the activation rep telling me 0% till April 2009. Nope I said - its 0%/12 mths and that I needed to speak to someone, after 10-minutes of listening through the pitch script about protection insurance (fully declined).

Passed over to the customer service people, I explained that I applied on-line and that it was 0/12 as told to me by the Citi folks that I spoke to when I was having problems applying on line.

The CSR said yes, she could see the promo code - however all of the approval levels and fields on my application had not been completed/filled in from their internal folks and that I should call back in 5-10 days (go figure)

Responding back to the CSR, right - I will call back on December 9 & that you will honour what I was told was 0/12 by doing the web application (strong arm approach)

The next question was to ask to speak with a credit person to get more credit limit. For this I was told that what I was approved for is what I get and any increase would be considered after 6-months as a Citi card holder - good customer & credit nonsense (something like that).

I will call back in the AM tomorrow to see what answers I get then

To be continued ....

[peacestar]

Nuts-
I got my citi card last week and I was told the 0% balance transfer is up to April 2009 so I did not do the balance tranfer last week. I called today and I was told it is for 12 months. so I did the transfer today but I was told it will take 7-8 business days for to transfer the money to cheq account. MBNA was able to do it in 2days.

[amhutap]

Folks,

Am I doing something wrong or are these links really dead?

http://www.rbcroyalbank.com/services...EF3166A31E710B

https://wwwa.applyonlinenow.com/CACC...id=CA_37240507

[angel_wing0]

Nuts-
I got my citi card last week and I was told the 0% balance transfer is up to April 2009 so I did not do the balance tranfer last week. I called today and I was told it is for 12 months. so I did the transfer today but I was told it will take 7-8 business days for to transfer the money to cheq account. MBNA was able to do it in 2days.

citi is nowhere as nice as mbna is, thats for sure.

[Snicla]

MBNA 0% interest Mastercard for 15 months

Does this mean that any item that I buy with the card I won't have to pay off for 15mo?

[sienna owner]

MBNA 0% interest Mastercard for 15 months

Does this mean that any item that I buy with the card I won't have to pay off for 15mo?

i believe it only applies to balance transfers...and doen within 90 days of activation.
you may want to read "some" of the posts on this thread.

[jooshua]

Re: 0.5% transfer on the 1.99% for life...I just told them I was aware that they were doing transfers at 0.5% (I was transferring a lot), CSR put me on hold, 30 seconds later he said I was approved at a 0.5% transfer rate.

anyone mind explaining how they convinced the csr to give them 1.99%... they wouldn't budge when I tried from 3.99... they even insisted 1.99 didnt exist so I didn't bother

[sienna owner]

anyone mind explaining how they convinced the csr to give them 1.99%... they wouldn't budge when I tried from 3.99... they even insisted 1.99 didnt exist so I didn't bother

depends on the number you call...i ended up just calling the overseas on...see previous post...said i wanted the 1.99% one, had numerous mailings, but i know i friend got it, she asked for the "code" that started with 'd', said only had 'bdox', she said it didn't work, but i guess she found the right one since she confirmed she was completing the app for me.

[Discount]

Would it be possible to get the exact details of the terms and conditions somewhere on the net?

Thanks.

...

[cervelott]

Depends entirely on who you phone. Definately call the overseas (India call center I think) phone number. Canadian CSR would not budge.

[angel_wing0]

Depends entirely on who you phone. Definately call the overseas (India call center I think) phone number. Canadian CSR would not budge.

indeed, the only thing the canadian side is good for is the instant approval.

[NUTS]

Nuts-
I got my citi card last week and I was told the 0% balance transfer is up to April 2009 so I did not do the balance tranfer last week. I called today and I was told it is for 12 months. so I did the transfer today but I was told it will take 7-8 business days for to transfer the money to cheq account. MBNA was able to do it in 2days.

Would you mind posting what BT fee you were charged as well if you tried to negotiate a lower fee & any result of that

Thanks

[Snicla]

i believe it only applies to balance transfers...and doen within 90 days of activation.
you may want to read "some" of the posts on this thread.

185 pages... but yes, i will peruse some of the earlier posts

[Jungle]

Just did another balance transfer. Got it reduced to .5% !! Got my credit increased too! Putting it right in stocks, it's like leveraging with minimal risk lol.

[cervelott]

That's what I'm talking about!

[bladeofnoir]

Tried 3 different reps asking about the 0% Citi only to be told it no longer exists - not even the one til April/09! Am I doing something wrong? Even when I said it was on their website the last rep finally admitted it does exist but only if THEY call you and offer it, if you call them its 0.9 and NO ONE would touch the 12 month offer. HELP!!

[NUTS]

Tried 3 different reps asking about the 0% Citi only to be told it no longer exists - not even the one til April/09! Am I doing something wrong? Even when I said it was on their website the last rep finally admitted it does exist but only if THEY call you and offer it, if you call them its 0.9 and NO ONE would touch the 12 month offer. HELP!!

calling in for the 0% deal will get you zip

I applied on-line 10-days ago with the card arriving yesterday

https://www.citibank.com/canada/cards/apps/citi/intro.jsp?access_code=V8G

although it says 0% till April 2009, it is as confirmed by others 0/12 mths

The website may have some glitches in it - so you may have to use some wildcards

[Newbieinvestor]

I suspect there's a good chance that citi and other offers such as MBNA might dry up entirely in 2009 due to the credit crunch in the US and soon to be in Canada.

[amhutap]

calling in for the 0% deal will get you zip

I applied on-line 10-days ago with the card arriving yesterday

https://www.citibank.com/canada/cards/apps/citi/intro.jsp?access_code=V8G

although it says 0% till April 2009, it is as confirmed by others 0/12 mths

The website may have some glitches in it - so you may have to use some wildcards

Thanks for the link NUTS, does any paperwork with the card say special rate is good for 12 months? Also, what 'wildcards' are you referring to?

Thanks.

[angel_wing0]

Tried 3 different reps asking about the 0% Citi only to be told it no longer exists - not even the one til April/09! Am I doing something wrong? Even when I said it was on their website the last rep finally admitted it does exist but only if THEY call you and offer it, if you call them its 0.9 and NO ONE would touch the 12 month offer. HELP!!

yip sadly indeed. Citi CSR/systems are crap.

[NUTS]

Thanks for the link NUTS, does any paperwork with the card say special rate is good for 12 months? Also, what 'wildcards' are you referring to?

Thanks.

The web application has had a few quirks in it - sometimes not accepting certain fields with error message, such as not accepting employer name or the street address, even phone numbers

On my application I had to redo it 3-times removing the second part of the street name such as Road, Avenue, circle - leaving just the house number and the first part of the street name

The other was when I entered my employer name it did not take - so I put in my own name as an employer

On page 2/3 the final item was asking to fill in 'signature as accepted' - this did not take , so I re-did it in upper case (not accepted) then lower case - that was accepted

With that it accepted the changes and took me through the whole application

Two days later a call came in from Citi. I explained the quirks with the rep acknowledging they have had problems - correcting the employer name and filling in the full street address, that gave me the card.

But I see it as citi do not want folks to get this deal

Those are the kind of things to expect - some have not had that problem - but just in case you do, be patient

On the paperwork with the card, I wrote yesterday further up the thread about not getting confirmed 0/12, called in and it seems that it takes several more days before my account will have the 0/12 not just the "till April 2009"

Make your web application & let us know how you made out

Hope this helps

[amhutap]

Make your web application & let us know how you made out

Hope this helps

It does, thanks so very much.

Been an MBNA customer for 4+ years with all paid on time, but there is balance on a credit line at 9.9% with them which I want to transfer out. I am assuming Citi would be more likely to give me 0% than MBNA ripping themselves off, any comments anyone wants to share on that?

[NUTS]

It does, thanks so very much.

Been an MBNA customer for 4+ years with all paid on time, but there is balance on a credit line at 9.9% with them which I want to transfer out. I am assuming Citi would be more likely to give me 0% than MBNA ripping themselves off, any comments anyone wants to share on that?

Three things

1. Try for the citi card & see if you get it. What I do know is citi are less generous than MBNA on a first off with the $5k - $10k credit limit

Should you get the citi card, do the BT, pay off the MBNA balance. With that clean MBNA slate simply apply by phone to MBNA asking them for the 0/15 deal (hopefully you'll get a new credit limit) and then ask to transfer the credit limit from your other MBNA card that has no balance on it.

2. With that done hopefully you will have upwards of $10k (or a lot more depending on your circumstances) on a 0/15 which you will then ask (cheque book in hand) to be transfered to your bank account.

On activating the second MBNA card, ask to speak to the credit analyst for an increase.

3. Sometimes as an MBNA card holder with the rate that you currently have, they may not-as you have pointed out want to give you a lower rate card.

To this you say

a) do you want to keep me as a customer - or lose me forever? if the response is we dont care (along those lines) you ask immediately to speak to a supervisor - and argue your case that you like the product- however you want the best deal going.

b) If the supervisor says NO! - you immediately request them to 'cancel my card' That should get some attention - and get you either the 0/15 - 1.99% life or some other deal acceptable to you. If not, then cancel the card, wait a few days -even a week, then apply for the 0/15 to the outsourced number - not the Ottawa number (page 1 at the beginning of this thread)

Hope this helps

[amhutap]

Thanks so very much for the tips NUTS, applied to Citi just now.

Had only one issue with the application (wildcards as you called them), was unable to put spousal as secondary income source, changed the source to 'Other' and it took it.

For reference, was using XP with SP3 and IE7 fully patched, just flushed local cache and cookies before opening application.

[Jungle]

calling in for the 0% deal will get you zip

I applied on-line 10-days ago with the card arriving yesterday

https://www.citibank.com/canada/cards/apps/citi/intro.jsp?access_code=V8G

although it says 0% till April 2009, it is as confirmed by others 0/12 mths

The website may have some glitches in it - so you may have to use some wildcards

Hey nuts

I had this card last year and the promo 0% ended in the summer. Do you think I can apply again? Worth a shot?

Also my card last year had no transfer fee. Does this one have a new transfer fee? Can it be reduced?

Thank you.

[leafsrule06]

I called the 1-877-862-7759 number and asked about the BODX, 0%, 15 months. The person tried the code several times and said that she thought it was expired. She then said it could be her system and checked with someone else who also said that code was not working. I mentioned that I know people who have recently been approved for the BODX and she agreed that it was working very recently. In the end she was able to instantly approve me for 0%, 12 months for 15K.

How have people managed to get their limit increased when doing the initial balance transfer?

[NUTS]

I called the 1-877-862-7759 number and asked about the BODX, 0%, 15 months. The person tried the code several times and said that she thought it was expired. She then said it could be her system and checked with someone else who also said that code was not working. I mentioned that I know people who have recently been approved for the BODX and she agreed that it was working very recently. In the end she was able to instantly approve me for 0%, 12 months for 15K.

How have people managed to get their limit increased when doing the initial balance transfer?

I think that you were sucked in on the 0/12 - because the 0/15 is still available.

OK, on receipt of the card activate it then ask immediately to speak with a credit analyst. When doing so-say that you would like an increase - which they will ask "how much". Your response should be "double what you have now"

In all likelihood they will max you to 25% of the income that you put on the original application

Been there - done that with MBNA within the last 30-days

Hope this helps

[leafsrule06]

I think that you were sucked in on the 0/12 - because the 0/15 is still available.

OK, on receipt of the card activate it then ask immediately to speak with a credit analyst. When doing so-say that you would like an increase - which they will ask "how much". Your response should be "double what you have now"

In all likelihood they will max you to 25% of the income that you put on the original application

Been there - done that with MBNA within the last 30-days

Hope this helps


Well I guess we'll see if anyone else gets the 15 months. I didn't want to push it too much as she was still offering 05, but for 3 months less. Question now is what stocks to buy!

[alpha441]

Well I guess we'll see if anyone else gets the 15 months. I didn't want to push it too much as she was still offering 05, but for 3 months less. Question now is what stocks to buy!

don't forget MBNA always charge transfer fee (maybe 0.5 to 1%)

[boyoflondon]

yip sadly indeed. Citi CSR/systems are crap.


Or you just have no idea what you are talking about? Right? :)

Front line reps have a limited access to offers. Where you might get more help is if you get through to sales. I have seen the latest codes for BT's and there were no 0% any more.

Just an FYI, the company loses money with 0% ... and even with .9/1.9/2.9/3.9/etc. Due to the economy and all other factors taken into consideration, Citi is not being aggressive any more with their offers so do not feel like you "have" to get it.

[NUTS]

No .. you are just uneducated about things and base your opinions based on nothing really. (edit version -Or you just have no idea what you are talking about? Right?)

Front line reps have a limited access to offers. Where you might get more help is if you get through to sales. I have seen the latest codes for BT's and there were no 0% any more.

Just an FYI, the company loses money with 0% ... and even with .9/1.9/2.9/3.9/etc. Due to the economy and all other factors taken into consideration, Citi is not being aggressive any more with their offers so do not feel like you "have" to get it.

To that I say - folks can make their opinions from their own experiences and the way that that they see them.

They do not have to be educated about the inner workings of the CC companies - why should they.

IMO, CC companies are in business for only one thing - profit, & I have yet to hear of one that has gone out of business because they're in that business.

CC companies are like vultures - offering you the best deal, hoping that you will default on the intro rates. This is simply called marketing for market share & profit

I understand your point about that poor CSR taking all the crap - but hey - its a job & if you dont like being a CSR, then quit.

As for competition - there is so much out there and the comment Angel made reference the comparison between Citi & MBNA is only fair. Citi's customer service sucks compared to MBNA.

MBNA is way ahead IMO in terms of friendliness as well as the aggressive marketing compared to many of the others, and my guess is customer retention is also higher at MBNA

Consumers should get the best deal and take advantage of every opportunity - the way that I see it. Citi's loss - MBNA gain

[angel_wing0]

Or you just have no idea what you are talking about? Right? :)

*shrugs*

Not right.

All i know is, if its available at 0% for 12 months, then the reps should know and the site should display it. It's as simple as that. Why is it on the citi website yet the reps dont have it? Give me a good reason. Even the rep doesnt know the reason when i told her to check the citi webpage and found the exact offer sitting in front of the screen.

And yes, i m just speaking from my experience. I already have 2 cards with them and my experience with them is nothing short of terrible...if not for the citi petro pts and the enrich plat :p

[angel_wing0]

To that I say - folks can make their opinions from their own experiences and the way that that they see them.

They do not have to be educated about the inner workings of the CC companies - why should they.

IMO, CC companies are in business for only one thing - profit, & I have yet to hear of one that has gone out of business because they're in that business.

CC companies are like vultures - offering you the best deal, hoping that you will default on the intro rates. This is simply called marketing for market share & profit

I understand your point about that poor CSR taking all the crap - but hey - its a job & if you dont like being a CSR, then quit.

As for competition - there is so much out there and the comment Angel made reference the comparison between Citi & MBNA is only fair. Citi's customer service sucks compared to MBNA.

MBNA is way ahead IMO in terms of friendliness as well as the aggressive marketing compared to many of the others, and my guess is customer retention is also higher at MBNA

Consumers should get the best deal and take advantage of every opportunity - the way that I see it. Citi's loss - MBNA gain

nicely said. MBNA is much better than citi, everyone here knows it.

If the offer is there, then we should be able to get it. Dont like losing money? Then get rid of the offer instead of trying to hide it from ppl.

[affoneh]

MBNA has one of its platinum cards come with 3.99% Balance transfer for the LIFE OF THE BALANCE. So imagine it to be a very cheap line of credit !

http://linky.ca/8h9z7p

Remeber that MBNA might charge a transaction fee of 0.5-1% for all balance transfers. Try to negotiate the fee. It works sometimes.

[angel_wing0]

MBNA has one of its platinum cards come with 3.99% Balance transfer for the LIFE OF THE BALANCE. So imagine it to be a very cheap line of credit !

http://linky.ca/8h9z7p

Remeber that MBNA might charge a transaction fee of 0.5-1% for all balance transfers. Try to negotiate the fee. It works sometimes.

well good news for u, there is one for 1.99% for life of balance! :D

[affoneh]

Can you provide a link.. cuz I am currently looking to apply for one

[angel_wing0]

Can you provide a link.. cuz I am currently looking to apply for one

i dont think there is one. Just search in this thread, lots of ppl talked about it. Calling india will probably land u that as most of the users applied thru there.

[jeanphilippe]

Anybody know if when calling to activate card you ask to be transfd to a credit analyst, there is only one credit dept. you can be tranfd to (Ottawa) ?

Thanks!

[NUTS]

Anybody know if when calling to activate card you ask to be transfd to a credit analyst, there is only one credit dept. you can be tranfd to (Ottawa) ?

Thanks!

yes!

on activation - you immediately ask to speak to the credit dept, and always ask for a credit limit increase - double what they originally approved you for.

Likely you will only be given around 25% of your income that you put on your original application - seems the norm

Some manipulation is possible if you have other MBNA cards - ask to transfer the limit from the other cards to the lower interest rate card ot the zero card, then cancel those with any interest rate or higher than the 1.99%. Time is of the essence

[alanbrenton]

That is good info to know

It also assumes that someone holding a 0% card with a balance would pay that down to zero, then apply for a 1.99% life card - thus transfering the open credit limit from the zero balance card and combining it to the 1.99% card.

I think that from what I read between the lines is a process (quite a tricky one too) that it is like a chicken & egg situation

Can I get some feedback please on the following - would it be better to:

a) Get an MBNA 0% card with as much credit limit as possible on it (do a cash BT) . Go the full 0% time term - pay off the 0% card then apply for the 1.99%

b) Get an MBNA 0% card with as much credit limit as possible on it (do a cash BT) . Go the full 0% time term & before paying off the 0% card - apply for the 1.99% card and transfer the whole amount from card one to card two - asking them to then cancel card one, with MBNA hopefully really pleased that you will be paying them more money

c) Get an MBNA 0% card with as much credit limit as possible on it (do a cash BT) and immediately after getting this card apply for the 1.99% card call and have the 0% card limit combined with the 1.99%

Which method or approach will work best?

The 1.99% may not be around for too long Nuts. The Capital One prime +0.9% I applied for a year ago ceases to exist on its website. MBNA gives a maximum limit to each applicant and wouldn't budge when my wife wanted even a $2,500 increase on her 15 months 0% credit card.

I need to call the India call center to get my 1.99% balance for life. I hope they can approve me for measly amount.

What is their number and when's best to call them? For India, do I also ask for a Credit Analyst?

[NUTS]

The 1.99% may not be around for too long Nuts.

The Capital One prime +0.9% I applied for a year ago ceases to exist on its website. MBNA gives a maximum limit to each applicant and wouldn't budge when my wife wanted even a $2,500 increase on her 15 months 0% credit card

if you say so



I need to call the India call center to get my 1.99% balance for life. I hope they can approve me for measly amount.

What is their number and when's best to call them? For India, do I also ask for a Credit Analyst?

no Idea about the India call center - my only MBNA contact was calling the Ottawa number that I found at the top of the first post on this thread

[shawn99]

The method credit cards calculate interest rate is completely different from line of credit from bank, if i'm not mistaken. Especially depends on if you pay the min. balance or not.

[kylet]

How long does it take from the day you get MBNA to make the balance transfer until you get your cash?

[angel_wing0]

How long does it take from the day you get MBNA to make the balance transfer until you get your cash?

2 business days usually...thou the csr might say it might take up to a week.

[alanbrenton]

How long does it take to learn the status of a MBNA credit application coursed through the India Call Center?

I just applied today, forgot to ask for the confirmation code, was given a number to check the status of the application in 5 business days -> 1-866-434-5393. Called again to ask for the confirmation number, spoke to a different representative and was now told it takes 3-4 weeks to obtain the status of my application and receive something in the mail.

Why does it take as long as 3-4 weeks to process an application, is it because they have a long queue to process? My current credit card debt ratio is around 31-33% because of my other balance transfer offers. I just paid one of them down today and am not sure if it will make it before they run the numbers on my credit file.

If rejected, can the Credit Analyst reconsider in light of the new financial information? I should have paid the citi 0% balance transfer offer a few weeks back.

Any insights to the application process will be appreciated!!! Good luck to us all.

[skyrink]

hi, i have a couple questions:

1. is there any sort of hidden fees or catch to this? the only fee is the balance transfer rate and that if u miss a payment or after that 15 months, the rate jumps up again....but i can apply for another promo and keep the interest free running right?

2. do you apply for the card first, receive the card 2nd, and than do the balance transfer? the card has no annual fees right? and the time to negotiate for the 0.5% is when you do decide to do the balance transfer after receiving the card?

thx everyone

[ceeatch]

5 business days

I was told to wait 5 business days before calling for the status of my application. I waited the 5 days, then called the number she gave me. Option #2 is to get the status of your application. The lady said my application hadn't been processed yet however she could look into my application right now over the phone. Five minutes later, I'm approved and she's sending me my card. Also got her to increase my max limit too. Not as high as I wanted, but I'll attempt another increase once I get the card.

[almostfreeman]

I was given limit increases without even asking. I think they upped my limit 3 times as I made regular payments.

[alanbrenton]

I was told to wait 5 business days before calling for the status of my application. I waited the 5 days, then called the number she gave me. Option #2 is to get the status of your application. The lady said my application hadn't been processed yet however she could look into my application right now over the phone. Five minutes later, I'm approved and she's sending me my card. Also got her to increase my max limit too. Not as high as I wanted, but I'll attempt another increase once I get the card.

Was this calling the Indian Call Center first and then calling Ottawa for the approval status?

I'm not in a rush to get my card but I am hoping I get approved for the minimum limit of $5,500.

[bladeofnoir]

Thanks everyone.. going to submit online via link with Citi as the reps are being very anal - will let you know how it goes!

[brotherjake70]

Just to give a update with the MBNA 0/15 promotion. I called the overseas number last Thursday and asked for the promotion. They asked if I had the code saying it is a 12 digit code. I told them I did not have the code with me but I received a letter a while back. They went ahead and completed the application.
I waited about 2 days before I called the Ottawa number to find out the status of my application. They had already had received and approved my application and have sent out my card. Will try to increase the limit once I get the card.

[NUTS]

I just heard from a friend that tried today who tells me that they are all saying that the 0/15 is no longer available

HELP - what is the best up to date telephone number and best pitch line

Thanks

[angel_wing0]

u sure he called india?

[NUTS]

u sure he called india?

the two numbers that I gave was

1-866-434-5393

1-866-544-4104

These are the only two that I know of

Should they be trying another number?

Thanks

[animatic]

Just got my card today through the Indian call center, quick turnaround (just over a week).

Got $5000, about what I expected, but would like to ask for an increase(even if only a little).

Should I do that when I call to activate or before that?

[NUTS]

Just got my card today through the Indian call center, quick turnaround (just over a week).



which number did you call - please provide it




Got $5000, about what I expected, but would like to ask for an increase (even if only a little).?

Should I do that when I call to activate or before that?

upon activation, ask to speak to a credit analyst

[NUTS]

u sure he called india?

the two numbers that I gave was

1-866-434-5393

1-866-544-4104

These are the only two that I know of

Should they be trying another number?

Thanks

quick update

it seems the only number that they are still accepting the 0/15 is 1-866-544-4104

After the third call my friend at 4pm EST today got the deal.

The people they were speaking with were located in a call centre on Lawrence Avenue in Toronto

[alpha441]

I called 1-877-428-6060 and it maybe an Indian center, csr sounds indian. With code BODX, csr said 0/15 is over and only give 0/12 to apply. Gone though the process, and ask to wait for 3-4 wk for approval

Called canadian center, tried to get same promo for my existing Mbna MC but no luck. Don't waste your time to call canadian center

[TheZodiac]

My 0 Promo is over next month, I have tried all the numbers with no luck getting 0 or 1.99 offer for life :( and my fico score is over 750

[angel_wing0]

My 0 Promo is over next month, I have tried all the numbers with no luck getting 0 or 1.99 offer for life :( and my fico score is over 750

not even india...?! wow.

[NUTS]

not even india...?! wow.

MBNA must be monitoring the RFD site, or they have a mole on here

Them dropping the offers has nothing to do IMO with the economic conditions at hand - maybe they have just caught on that people are taking advantage of a good thing

Angel, on the last try yesterday the 1-866 544 4104 (from page one) was the only one that someone could get the 0/15

[jeanphilippe]

Applied for 1.99% for life MBNA via the 1-866 544 4104 6 days ago.

Called the Ottawa number today to check on status.
CSR said just got approved for 15k.

I will ask for an increase & 0.5% BT fee when I activate the card.

[Newbieinvestor]

I read on another forum that is serious about credit issues, that MBNA will be dramatically changing their promotions in 2009.

PM me for details.

[meg2006]

Tried to send u a message, but got this

Newbieinvestor has chosen not to receive private messages or may not be allowed to receive private messages. Therefore you may not send your message to him/her.

If you are trying to send this message to multiple recipients, remove Newbieinvestor from the recipient list and send the message again.



Would you be able to pm me for the details? Thanks

[alanbrenton]

Tried to send u a message, but got this

Newbieinvestor has chosen not to receive private messages or may not be allowed to receive private messages. Therefore you may not send your message to him/her.

If you are trying to send this message to multiple recipients, remove Newbieinvestor from the recipient list and send the message again.



Would you be able to pm me for the details? Thanks

He is already banned from the forum :) I sent him a PM and never got one. Maybe it was a hoax.

[NUTS]

He is already banned from the forum :)



how do you know this for sure - are you a moderator, or perhaps to ask why anyone would get banned - unless they self-ban?

Whatever- for the most part, I like to read Newbie's, Angel's & Troopers post.

[alanbrenton]

[QUOTE=alanbrenton;7841607]He is already banned from the forum :)

]/quote]

how do you know this for sure - are you a moderator, or perhaps to ask why anyone would get banned - unless they self-ban?

Whatever- for the most part, I like to read Newbie's, Angel's & Troopers post.

Nuts, check his membership status. :)

[NUTS]

[QUOTE=NUTS;7841713]

Nuts, check his membership status. :)

saw that - so why are smiling in your posts that newbie has been banned, is there someting that you should be telling us:?:

[alanbrenton]

[QUOTE=alanbrenton;7841734]

saw that - so why are smiling in your posts that newbie has been banned, is there someting that you should be telling us:?:

I put in the smile if only because it was obvious that he was banned. I have the faintest clue why he was banned.

[akyyyy]

my 0% is almost over, should i apply for another one, or get my wife to apply?

[daiconeric]

I called 1-877-428-6060 and it maybe an Indian center, csr sounds indian. With code BODX, csr said 0/15 is over and only give 0/12 to apply. Gone though the process, and ask to wait for 3-4 wk for approval


Just applied this morning and got the same response. Seems like 0/15 is over but 0/12 is still available.

Tried 1-866-544-4104 but now they seem to need some code starting with "D" so BODX doesn't seem to work on that number any more.

[howwon]

Success.

I paid the $10 fee to have the packaged shipped by Xpresspost.
The Credit Analyst said they could look at increasing my limit, once I activate my card. Woohoo. :D

[djino]

Success.

I paid the $10 fee to have the packaged shipped by Xpresspost.
The Credit Analyst said they could look at increasing my limit, once I activate my card. Woohoo. :D

When I received the card a month ago, I asked for it to be Xpresspost for the $10. I still have yet to see the $10 charged to my account.

In the event the $10 shows up on the account, will it have my 1.99% promo rate attached to it?

djino
"I know, not a big deal to pay 17.99% annual interest on $10, but just curious"

[angel_wing0]

pm trooper, he will know.

[deepakarora79]

Success.

I paid the $10 fee to have the packaged shipped by Xpresspost.
The Credit Analyst said they could look at increasing my limit, once I activate my card. Woohoo. :D

Success on what??? 1.99% for life or 0% for 15 months??? Which number you called & what was the code that you used???

Please update... my 0% for 15 months is expiring this month & wanted to get another promo price... so looking for more info..

[Garafraxa]

Well, I just got off the phone for the initial application, and everything looks good so far.

Here's my situation:
-I am on my second round of 0%/15mos, the balance is due March 30th, 2009.

-My intention was to wait until February 2009 to apply for a third time in order to stretch out the 15 months as much as possible, but I got nervous about rumours of a major change at MBNA in 2009, and the impact from the credit crisis.

-I called the 1-866 544 4104 number, and was caught off guard at how quickly I was speaking to a human. 3 rings, then my agent started introducing herself and asking for my promo code.

-She asked for a ten digit code, starting with the letter D. I told her I didn't have a code like that. The flyer in my hand (wink, wink) had the code BODX. I have used that trusty BODX three times now, in 2006, 2007 and 2008. Last year my agent told me that the promotion had ended, but they would honour it anyway. This time the agent had no problem at all with the BODX, she didn't mention the expiration at all, just immediately started rhyming off the conditions: 0% for 15 months for balance transfers and cheques, plus the 1% charge. 17.xx% for regular purchases. (Who cares about the purchase percentage!?! You would be a fool to swipe this card at a store!) Also, she mentioned that the balance transfer could not be used to pay off another MBNA card, but that is easy enough to get around if you have to: just write a MBNA cheque to your bank account, and pay off the old MBNA card from there.

-The agent asked what other credit cards I had, and had no problem whatsoever with the fact that I already have a MBNA card with a high balance.

- She completed the call with the usual 5 minutes of legal fine print, and gave me the number 1 866 434 5593 to call and check on my application after 5 business days.

- I didn't ask any questions about paying off the old card, canceling it, and transferring the credit limit, because I didn't want to tip my hand as to my plans. In any case, the process was super easy last time. I paid off the old card in full, waited a week for the balance to disappear, then called and canceled the card and transferred the credit limit to the new card in one call. Don't be concerned if your new card comes with a small limit like $1500. They are happy to transfer credit limits of $20,000+, and add it to the $1500.

So now I begin the week of waiting and wondering: "They can't possibly allow me to do this again, can they?" Confidence is high. If anyone cares, I will post the results once everything is set up with my third card. Sorry for such a long post, I figured anyone trying to swap credit limits for the first time would get some value out of this.

Garafraxa

[deepakarora79]

Same for me...
I also called the same number & a customer rep. immediately picked up the phone asking about the code starting with "D" & I said I don't have that code but I have code "BODX" & she put me on hold & came back telling me that this code is good for 0%/15 months. I said yes & she went through the whole application process & told me that a credit analyst will evaluate my application & if needed will give me a call to get additional info.
Provided my application is through, I should be getting the card in 3-4 weeks with the approved limit.. Hope it goes through ...

[amhutap]

Got the Citi card today, applied what...a week ago on the web. Have not activated it yet, any point trying to get a higher limit?

Also, have to ask for 0/12 months on this I believe.

Has anyone seen this http://www.citicards.ca/canada/cards/english/card_compare.jsp

Does anyone think that any of these cards is worth converting to once the 12 months run out?

NUTS, if you are reading this, did your confirmation for 0/12 come through?

[howwon]

Success on what??? 1.99% for life or 0% for 15 months??? Which number you called & what was the code that you used???

Please update... my 0% for 15 months is expiring this month & wanted to get another promo price... so looking for more info..

I had to dig for my notes, to get all the facts straight. :D

October 31, 2008
- I do not remember what numbered I called (probably one of the numbers in the first post)
- Used code BODX and it was obvious that I was speaking with someone from overseas
- Application was for 15 months at 0% BT
- I was advised to call back after five days to check on the status of my application.
- Someone had posted a phone number for Ottawa to speed up the process (1-877-862-7759)
- I did not call back after five days because I forgot about the application :D (busy few weeks)

November 14, 2008
- Shortly after, I received a later from MBNA to call a certain number, to verify certain information.
- I sat on the letter until Dec 9, 2008 (busy few weeks) :D

December 9, 2008
- Finally called the number on the letter and you have to give them the reference number on the letter.
- After a few security questions, I was advised that the package would arrive in about two weeks.
- I asked really nice, if they could speed up the process because I wanted to do the BT before Christmas.
- She advised that she could ship the package by Xpresspost at a cost of $10.00, that would be added to the application
- I said OK and I was advised that the package would ship out tomorrow (December 10, 2008) and that it should take three business days to arrive, from Ottawa.
- I should see it this Monday (December 15, 2008), sooner, if I am lucky.

Woohoo. :D

[alanbrenton]

st7860, would you care to update your initial post with the priority code I just got from MBNA for the 1.99% balance for life offer? Thanks.

I don't think anyone has posted the priority code for the 1.99% balance for life credit card on this thread so here goes -- CAA2 and CAE3. I got mine calling 1-866-544-4104. The MBNA representative was so nice to have looked through 10 pages of priority codes. Good luck everyone.

Any ideas as to how I can try to ask for a credit limit increase? I got approved for the minimum $5,000. Do I activate the card and ask to speak to a Credit Analyst? If not, what is the right procedure? Thanks.

[howwon]

Any ideas as to how I can try to ask for a credit limit increase? I got approved for the minimum $5,000. Do I activate the card and ask to speak to a Credit Analyst? If not, what is the right procedure? Thanks.
I was advised by the Credit Analyst to ask for the increase, at the time that I am activating the card.

[alanbrenton]

I was advised by the Credit Analyst to ask for the increase, at the time that I am activating the card.

Thanks Howwon. So I call the activation number written on the detachable sticker, ask the CSR to activate the card, and then request to be transferred over to a Credit Analyst for a credit limit review?

[howwon]

Thanks Howwon. So I call the activation number written on the detachable sticker, ask the CSR to activate the card, and then request to be transferred over to a Credit Analyst for a credit limit review?

That sounds right. I have not received my package yet so I do not know if I will run into any roadblocks.

I will post back later and detail the process later.

Cheers

[fl4wless]

is citi 0/12months? link on OP says April 09.... or do you have to call after applying to get it extended?

[angel_wing0]

is citi 0/12months? link on OP says April 09.... or do you have to call after applying to get it extended?

from 902linger, 0% for 12 months - Citibank Mastercard, no annual fee. 1% transaction fee

Just apply online and u will get 12 months. It's been confirmed by X # of ppl here...

[amhutap]

Just apply online and u will get 12 months. It's been confirmed by X # of ppl here...

But no limit increase at activation, right?

[angel_wing0]

But no limit increase at activation, right?

citi doesnt do that, according to a # of ppl here.

[johnyc]

what's up with this 1-866-544-4104 number? doesn't appear to be an MBNA line??

[johnyc]

st7860, would you care to update your initial post with the priority code I just got from MBNA for the 1.99% balance for life offer? Thanks.

I don't think anyone has posted the priority code for the 1.99% balance for life credit card on this thread so here goes -- CAA2 and CAE3. I got mine calling 1-866-544-4104. The MBNA representative was so nice to have looked through 10 pages of priority codes. Good luck everyone.

Any ideas as to how I can try to ask for a credit limit increase? I got approved for the minimum $5,000. Do I activate the card and ask to speak to a Credit Analyst? If not, what is the right procedure? Thanks.

CAA2 doesn't appear to be 1.99% according to the CSR. The other one might be, but rep asked me for additional digits after the code.. I called the canadian line, talked to two different CSRs. Wouldn't budge without the other digits/ actually received the letter in the mail.
Will try again tomorrow. Anyone have any tips?

[ace1353]

Just got the MBNA 0/15 card in the mail.

If I call in tomorrow to activate ... Is it possible to balance transfer the money to my account by tomorow or for Saturday?

They also sent me some cheques ... can I use these to make a balance transfer or would this trigger the high interest rate?

THanks in advance.

[champ91]

Just got the MBNA 0/15 card in the mail.

If I call in tomorrow to activate ... Is it possible to balance transfer the money to my account by tomorow or for Saturday?

They also sent me some cheques ... can I use these to make a balance transfer or would this trigger the high interest rate?

THanks in advance.

balance transfers through the phone takes at 3-5 business days i think.

you can use the checks if they say 0% interest on them. If it is then just write a check to yourself. But keep in mind, banks usually have an instant clearing amount. So not all the cash may be accessible right away until the check clears

[ace1353]

balance transfers through the phone takes at 3-5 business days i think.

you can use the checks if they say 0% interest on them. If it is then just write a check to yourself. But keep in mind, banks usually have an instant clearing amount. So not all the cash may be accessible right away until the check clears

Okay, thanks.

The cheques don't specifically say 0% on them but the lettter included 3 cheques and mentioned how you can use the cheque for cash advances. The AIR is 0% until March 2010 and the "bBalance Transfer and Cheque Cash Advance is 1% (min $7.50)" ... are these cheques okay?

Can I call in and ask for 0.5% fee and use the cheques or will they default to 1%?

[djino]

Okay, thanks.

The cheques don't specifically say 0% on them but the lettter included 3 cheques and mentioned how you can use the cheque for cash advances. The AIR is 0% until March 2010 and the "bBalance Transfer and Cheque Cash Advance is 1% (min $7.50)" ... are these cheques okay?

Can I call in and ask for 0.5% fee and use the cheques or will they default to 1%?

the Cheques will default to 1%. Instead of using Cheques, u could call in for the Balance Transfer and negociate a 0.5% fee instead, but if you have already have done a BT with 0.5%, its highly unlikely you'll get it again.

djino
"Goodluck

[dsballer2000]

Just called to do a balance transfer and the CSR said that they can't go any lower then 1%. Tried a few different tactics and was told there was nothing she could do to bring that 1% down? Should i just go ahead and eat the 1% default transfer fee or should I keep talking to different CSRs?

[djino]

Just called to do a balance transfer and the CSR said that they can't go any lower then 1%. Tried a few different tactics and was told there was nothing she could do to bring that 1% down? Should i just go ahead and eat the 1% default transfer fee or should I keep talking to different CSRs?

One thing I forgot to add to my previous post is now it appears only credit analysist are giving the 0.5%. Next time you call, ask to speak to a credit analsyst, as they seem to be more willing to give 0.5%

djino

[wit]

finally get the card, did a balance transfer but didn't get lower rate on transfer fee. well, I can live with that.

[burgerbone]

What code is valid for the 0/15?

[dsballer2000]

One thing I forgot to add to my previous post is now it appears only credit analysist are giving the 0.5%. Next time you call, ask to speak to a credit analsyst, as they seem to be more willing to give 0.5%

djino

Thanks for the heads up. I was going to see if I could get my credit raised before i do the BT so I have an excuse to talk to one.
thanks again!

[dsballer2000]

What code is valid for the 0/15?

Last time I checked the BODW code was only good for 12 months now. Had a cousin try it a few weekends ago and that's all they were offering.

[ace1353]

the Cheques will default to 1%. Instead of using Cheques, u could call in for the Balance Transfer and negociate a 0.5% fee instead, but if you have already have done a BT with 0.5%, its highly unlikely you'll get it again.

djino
"Goodluck

Thanks for the help djino. I have not made any balance transfers as of yet nor activated my card. I plan to do so tonight along with asking for a credit increase. Are there credit analysts available 24/7?

So if I want to transfer the funds for this weekend or to have in my account by tomorrow (Sat), is there any way a balance transfer would be instant (i.e. like an online payment)?

Can I call in to have a 0.5% BT rate applied to my account but write a cheque to myself at the 0.5% rate or would 1% be charged regardless if I write a cheque??

[isleepinadrawer]

how long did it take you guys to receive your cards in the mail?

[djino]

how long did it take you guys to receive your cards in the mail?

Average is about 2-3 Weeks.

Though you could ask them to FedEx it when the card is made ($10 fee) and you'll get it sooner.. (maybe within a week).

djino

[angel_wing0]

Average is about 2-3 Weeks.

Though you could ask them to FedEx it when the card is made ($10 fee) and you'll get it sooner.. (maybe within a week).

djino

to be honest, if u get big enough of an amount, the interest should be able to cover the fedex fee :D

[in]

I was able to apply for 1.99% Life time offer today. All I asked was if there is a 1.99% Life time offer in place right now, and the lady said 'yes'. She asked for a code, but I just told her that I didn't have the code. She went through it anyway. All went smoothly. Thanks everyone for the info.

I called the 1 866 478 3666 number.

[ceeatch]

to be honest, if u get big enough of an amount, the interest should be able to cover the fedex fee :D

That's a great point. Damnit, I should have got it fedex'd =/

[alanbrenton]

CAA2 doesn't appear to be 1.99% according to the CSR. The other one might be, but rep asked me for additional digits after the code.. I called the canadian line, talked to two different CSRs. Wouldn't budge without the other digits/ actually received the letter in the mail.
Will try again tomorrow. Anyone have any tips?

There are only four digits to a generic priority code. If you look at the 3.99% offer on MBNA's website, it was CANW I believe.

[TheZodiac]

I was able to apply for 1.99% Life time offer today. All I asked was if there is a 1.99% Life time offer in place right now, and the lady said 'yes'. She asked for a code, but I just told her that I didn't have the code. She went through it anyway. All went smoothly. Thanks everyone for the info.

I called the 1 866 478 3666 number.


Just tried , no code no offer. Anyone have the code?

[tomtong]

I was able to apply for 1.99% Life time offer today. All I asked was if there is a 1.99% Life time offer in place right now, and the lady said 'yes'. She asked for a code, but I just told her that I didn't have the code. She went through it anyway. All went smoothly. Thanks everyone for the info.

I called the 1 866 478 3666 number.

Just tried and she took my application. Thanks.

[Sampras5211]

I got another card right before the 15 months offer MNBA ended. literally one week before.
I had an old balance on my old card (offer expiring Dec 17th 2008) still had a bit of a balance left so I transferred this to a visa temporarily and then

combined my first MNBA card with my new MNBA card offer current 0% till 2010.

now I have a a new card to BT too. Im very happy!

[howwon]

Soooooooooooooooooooweeeeeeeeeeeetttttttttttttttt.

The CSR told me that they were going to send the package by Xpresspost and that I should see it by Monday.
It arrived today by FedEx.

:D:D:D:D:D:D

[dsballer2000]

Just got told by a CSR that MBNA employees have just been told that their fee waving abilities have been taken away and even if i called a thousand times or talked to a manager that they cannot split the 1% BT. I don't know if they are lying but he said it JUST happened within the last week. Can anyone confirm they've gotten .5% balance transfer fee within the last few days to confirm this?
thanks,

[angel_wing0]

i dont recall hearing ppl getting the 0.5% cut recently..so taht might be true.

[eltonkk]

Finally got my MNBA card with the 1.99 life. Took about 3, 4 weeks in total.

I havn't activated it yet, gonna do it probably Monday during office hour.

Did everyone who called in to activate and ask for a credit analyst got a few k increased? I'm wondering what's the success rate. I'm a few $k shy of what would make me a much more happy camper than what I'm already is.

[pangolin]

I was able to apply for 1.99% Life time offer today. All I asked was if there is a 1.99% Life time offer in place right now, and the lady said 'yes'. She asked for a code, but I just told her that I didn't have the code. She went through it anyway. All went smoothly. Thanks everyone for the info.

I called the 1 866 478 3666 number.



Just tried , no code no offer. Anyone have the code? please help

[angel_wing0]

there. YMMV thou.

st7860, would you care to update your initial post with the priority code I just got from MBNA for the 1.99% balance for life offer? Thanks.

I don't think anyone has posted the priority code for the 1.99% balance for life credit card on this thread so here goes -- CAA2 and CAE3. I got mine calling 1-866-544-4104. The MBNA representative was so nice to have looked through 10 pages of priority codes. Good luck everyone.

Any ideas as to how I can try to ask for a credit limit increase? I got approved for the minimum $5,000. Do I activate the card and ask to speak to a Credit Analyst? If not, what is the right procedure? Thanks.

[yankiss]

What code is valid for the 0/15?

I just called 1-866-544-4104 number, quoted priority code BODX and they've submitted my application for 0% for 15 months. There is 1% charge for the balance transfer but a lot of people in this thread are saying you can negotiate it to 0.5% when you call to do it.
Application is said to take 3-4 weeks upon the approval and they will give you another phone number to call to check the status of your application in 5 business days.

[angel_wing0]

There is 1% charge for the balance transfer but a lot of people in this thread are saying you can negotiate it to 0.5% when you call to do it.


actually its very hard to get it to 0.5% now.

[amhutap]

For Citi 0/12, did anyone get confirmation from Citi? I am still in the limbo of "codes are not in yet, call back in a week". Wondering if anyone got confirmation recently.

[atscaper]

Is there a specific number to call to check the status of the mbna card? I applied a couple of weeks ago and have called three times to check the status. First time they had no record, second time said found me but account would not come up (tech problem) and now called again and can't find me. I called regular customer service this last time but don't know the number from the second as it was a transfer.

[angel_wing0]

ask to talk to a credit analyst.

[isleepinadrawer]

if i know ive been approved, can i issue a BT over the phone before getting my card in the mail?

[djino]

if i know ive been approved, can i issue a BT over the phone before getting my card in the mail?

I asked the same question when I applied for my card. The answer is no (According to the CSR I spoke with). She said I had to wait until my card has been activated.

djino

[deepakarora79]

Soooooooooooooooooooweeeeeeeeeeeetttttttttttttttt.

The CSR told me that they were going to send the package by Xpresspost and that I should see it by Monday.
It arrived today by FedEx.

:D:D:D:D:D:D

Great... I'm just waiting to give them a call sometime this week to find out about my application (0/15 months).. I hope it'll go through..

[floodray]

Here is the code for everybody
For 0% APR 15 monthes: BODX
The 1.99 % for life is subject for all the balance transfer for the beginning 90 days after you activate the acct, the rate will remain the same until the whole balance pay off. Code: CEAN
Happy shopping and have wonderful holiday season.

[deepakarora79]

Here is the code for everybody
For 0% APR 15 monthes: BODX
The 1.99 % for life is subject for all the balance transfer for the beginning 90 days after you activate the acct, the rate will remain the same until the whole balance pay off. Code: CEAN
Happy shopping and have wonderful holiday season.

thx & welcome to RFD :) quick question...which number to call?

[floodray]

thx & welcome to rfd :) quick question...which number to call?

1-866-544-4104

[Scottie]

how good does your credit have to be to get this I Have a TD visa but my credit isn't good?

[zenith]

Anybody got 0.5% transfer fee recently?

[Scottie]

I Just got a TD Visa like 2 months ago and ran it up 2000 limit could I Get one of these cards and transfer the ballance?

[chucky1]

Anyone that got the 1.99 for life:

Can you please clarify how the monthly payment is calculated?

[guy_uoft]

What does everyone think of the 9.99% forever credit card? it's not a bad rate compared to these 17-19% rates. anyone got it?

[flito ray]

What does everyone think of the 9.99% forever credit card? it's not a bad rate compared to these 17-19% rates. anyone got it?

better off getting line of credit?

[amhutap]

Quick update for anyone who cares...

For Citi 0/12 card, applied about Dec 4th, received Dec 11th and today Dec 16th got confirmation that codes are in place for 0% for 12 months.

[howwon]

What does everyone think of the 9.99% forever credit card? it's not a bad rate compared to these 17-19% rates. anyone got it?

I have that now, on one of my credit cards. My LOC is lower and if you are planing on a huge balance, you might be better off with a HELOC.

[coopercold]

Anybody got 0.5% transfer fee recently?

Yes. I got it today. All I did was ask nicely. :)

[angel_wing0]

if i know ive been approved, can i issue a BT over the phone before getting my card in the mail?

of cuz not since your card isnt even activated!

[hoyoto]

Hi, I have 2 citi gold mastercard.

Have anyone transfer credit limit of one card to another one successfully?

Every time when I call them, they say the only way is to cancel one card and request a credit limit increase on another card.

I wanna move the old limit to new one ,then request 0%BT. lol

thx

[Scottie]

Can someone please explain to me what this thread means? I Have a maxed out credit card would this be a good idea to do this for me? I think my intrest rate is 19% on the card?

[Scottie]

Can I Apply for this deal on line somewhere? and use a code?

[djino]

Can someone please explain to me what this thread means? I Have a maxed out credit card would this be a good idea to do this for me? I think my intrest rate is 19% on the card?

It would be better if your question was a bit more specific. Or at least specific to which product you are inqiring about (0% 15 Months, or 3.99% life of Balance).

djino

[mark_in_2k]

Can someone please explain to me what this thread means? I Have a maxed out credit card would this be a good idea to do this for me? I think my intrest rate is 19% on the card?If you get a 0% card, then yes, this would be good for you, but only if you're strict with yourself and pay off the transferred balance within the promo period. If you don't, you'll be hit with high interest charges.

Basically, I transferred by card balance, cut up the physical card, and have reminders every pay day to pay off a portion of the balance.

[jeanphilippe]

Activated the card today, asked to speak to a credit analyst, had my limit increased BUT the credit analyst said he doesn't do BT, wanted to transfer me to cust. service and said 0.5% was not avail. anymore ! Called back to cust. service and rep refused to proceed with 0.5% BT.

Please provide suggestions.

[DaFonz]

Had a 1,99% for life card and did a BT today. Called CS and they couldn't do anything about the fee so I askd to be transferred to the cancellation department - got the entire fee waived. This was for $17k.

[angel_wing0]

Had a 1,99% for life card and did a BT today. Called CS and they couldn't do anything about the fee so I askd to be transferred to the cancellation department - got the entire fee waived. This was for $17k.

WOW, NICE. VERY NICE.

thanks :D

[alanbrenton]

Had a 1,99% for life card and did a BT today. Called CS and they couldn't do anything about the fee so I askd to be transferred to the cancellation department - got the entire fee waived. This was for $17k.

For anyone else who decides to pull off this stunt, please let us all know how it transpired. My 1.99% has already been mailed out.

[boyoflondon]

Hi, I have 2 citi gold mastercard.

Have anyone transfer credit limit of one card to another one successfully?

Every time when I call them, they say the only way is to cancel one card and request a credit limit increase on another card.

I wanna move the old limit to new one ,then request 0%BT. lol

thx

Impossible!!

It is in T&C scripting that you CANNOT used the balance transfer to pay down another Citi product.

[angel_wing0]

Impossible!!

It is in T&C scripting that you CANNOT used the balance transfer to pay down another Citi product.

You missed the point. He is asking to transferring credit limit not transferring balances. Thou you cannot do that as well in citi...

[deepakarora79]

Called MBNA at 1.877.862.7759 to check the status of my application... The rep confirmed that the application is approved for 2.5K only:(...
The card number hasn't been generated yet & will be generated by Monday. She also told me that I can call back on Monday to combine my credit limit from the other MBNA card (7.5K) & then do a balance transfer.. even before activating my card... I wasn't aware that I can do a BT before activating the card.. has any one done that before?

[angel_wing0]

Called MBNA at 1.877.862.7759 to check the status of my application... The rep confirmed that the application is approved for 2.5K only:(...
The card number hasn't been generated yet & will be generated by Monday. She also told me that I can call back on Monday to combine my credit limit from the other MBNA card (7.5K) & then do a balance transfer.. even before activating my card... I wasn't aware that I can do a BT before activating the card.. has any one done that before?
afaik u cant do anything (raise credit limit, bt) until u activated the card.

[najibs]

What does everyone think of the 9.99% forever credit card? it's not a bad rate compared to these 17-19% rates. anyone got it?

My Capital One Prime + 0.9% card beats the pants off any credit card for low interest rate. With prime being at 3.50, that's only 4.4% APR. Even the 9.99% bites the dust compared to that ;)

[Trooper8111]

What does everyone think of the 9.99% forever credit card? it's not a bad rate compared to these 17-19% rates. anyone got it?

That's higher than the 6.99% AIR card.

[djino]

That's higher than the 6.99% AIR card.

Yeah, I have the 6.75% AIR (0% BT) Card (Its the Platium Prestige Line Product). I've had it for about 6 months now.

djino

[splitsec]

Just and FYI, that I just had my application accepted for the 0% for 15 months using the BODX code, so they are at least still accepting applications.

I guess I will find out in a bit if they actually process it..

[dracore]

Anyone applied for the 1.99% MBNA and have received their statement?

I've been going over the Interest Rate Finance Charges calculation. I suspect there is a miscalculation but I don't want to call MBNA and tell them because I think it's a GOOD miscalculation. If they find out... they might correct it

Can someone check their statement to see if it is calculated similarly? In which case that means I made a mistake...

On my latest statement I have balance of $13758.03.
AIR is 1.99% and daily interest rate is 0.005452% (as printed)

That means my daily interest is 13758.03*(0.005452/100)=$0.75
and my 30 days billing cycle, my interest should be $22.50

Instead my statement says:
Interest Rate Finance Charges + $12.95

Does that mean I'm getting a $9.55 discount every month?? :)

[Trooper8111]

If that was your first bill, it would depend on when the charges were posted. Then adjust it to how many days the charges were outstanding.

[Hugh Jass]

Had a 1,99% for life card and did a BT today. Called CS and they couldn't do anything about the fee so I askd to be transferred to the cancellation department - got the entire fee waived. This was for $17k.


Ballsy move. I'm always doing this with Bell internet/expressVu. They always back down.

[darock_sayz]

I'm in the same boat as a lot of other people....only got approved for 5K, but would like more. My credit is fine in my opinion. I'll call a credit analyst to get it bumped up, but are there any tricks needed to get them to increase it ? Will they do another credit check ?

[khulit]

just tell them you have a $$$ credit limit on another Mastercard... they'll match it... not too big though... 25% of you declared income would be fine

I'm in the same boat as a lot of other people....only got approved for 5K, but would like more. My credit is fine in my opinion. I'll call a credit analyst to get it bumped up, but are there any tricks needed to get them to increase it ? Will they do another credit check ?

[MtX]

How do you get them to send you those special checks?

[wopa20]

just got the card! They first said no over the phone and then I called the second #. Sweet!:)

[angel_wing0]

How do you get them to send you those special checks?

they should come with the card in the letter...sometimes they dont thou.

[boyoflondon]

just tell them you have a $$$ credit limit on another Mastercard... they'll match it... not too big though... 25% of you declared income would be fine

Wouldn't it be nice if it were that easy eh? :)

There are many factors coming into play when asking for a CLI .... those range from merchant banks personal risk factors to credit bureau. If your 'scores' are not very good, good luck getting a CLI. I've seen people with a score of 780 get denied a basic CLI because their internal score was bad.

If you pay your bills on time, don't go over the credit limit, etc. you will be fine.

[yankiss]

I just called 1-866-544-4104 number, quoted priority code BODX and they've submitted my application for 0% for 15 months. There is 1% charge for the balance transfer but a lot of people in this thread are saying you can negotiate it to 0.5% when you call to do it.
Application is said to take 3-4 weeks upon the approval and they will give you another phone number to call to check the status of your application in 5 business days.

I just got my card in the mail and it's been 6 business days. I didn't ask about 0.5% transfer fee, but the did extend my credit limit for 50% of the initial approved limit right away. Yeepee

[st7860]

the links still work

[nekromanxer]

Thought I'd share my journey...

12/23 - I got my application in, using BODX for the 0%/15
12/31 - Figured I would give the credit dept a call to see if it went through

My profile:
$75k Salary, great credit history, never missed payments

Credit Cards:
$3K - CIBC Dividend (6 or 7 years now); rarely used, only if the place I'm at doesn't accept MasterCard
$10K - Citi Petro Card (2-3 years); used strictly for gas
$14K - MBNA SPG (5 months); where the rest of my expenses are funneled through. All payments made in full and on time.

Sadly, I was told I was declined.
Reasoning: "You just got an MBNA SPG card five months back, you should have sufficient credit. Given the economic times, we are more stringent on how much additional credit we give our customers. Regardless of FICO score and your base income, we need more of a history with you to see if you can handle the larger credit limit." When I asked him about the 25% of income rule, he said that was earlier in the year. This seems contrary to what a few ppl have gotten in the last few pages...

I managed to get him to reconsider my application, asked him to move $10K off my SPG into the 0%/15. Need to call back next week to see how that goes...

Anybody think it's worth calling back to see if another credit analyst will bump my credit limit?

[howwon]

I finally found time to activate my CC. I guess paying the $10.00 fee to have my CC shipped to me by FedEx, was a waste of money. :lol:

Any ways, I transferred most of the credit limit to one institution but I was unable to increase my credit limit because the credit department was closed already, for the holiday seasons. I was advised to call back on Friday.

I tried unsuccessfully to get the BT fee of 1% lowered. Considering that I am using a ton of their money for 15 months at 0%, I really can't complain.

Woohoo. :D

[deepakarora79]

Got my card shipped out via Fedex yesterday but I wasn't told that there is any extra charge for that...

[inntents]

I finally found time to activate my CC. I guess paying the $10.00 fee to have my CC shipped to me by FedEx, was a waste of money. :lol:

Any ways, I transferred most of the credit limit to one institution but I was unable to increase my credit limit because the credit department was closed already, for the holiday seasons. I was advised to call back on Friday.

I tried unsuccessfully to get the BT fee of 1% lowered. Considering that I am using a ton of their money for 15 months at 0%, I really can't complain.

Woohoo. :D

I haven't taken the time to backsearch your posts to see when you got your card, but please be aware that the 15 month promo period starts from the time your card is APPROVED, not when it is activated. So if you were approved 3 months ago, say, you've already used 3 months of your 0%interest time, regardless of the fact that you just activated the card. Keep that in mind when timing when to pay off your full balance. ;)

[angel_wing0]

I finally found time to activate my CC. I guess paying the $10.00 fee to have my CC shipped to me by FedEx, was a waste of money. :lol:

--* u should activate right away...

[scoobydoo]

I think I'm going to pass on MBNA. My credit report has them denying me in 06 and 08 now. Screw them.

[flito ray]

My Capital One Prime + 0.9% card beats the pants off any credit card for low interest rate. With prime being at 3.50, that's only 4.4% APR. Even the 9.99% bites the dust compared to that ;)

wow capital one prime +0.9% isn't that cheaper than getting a line of credit at bank? I called cibc and they offered me a line of credit at prime + 1.0%

[casperr]

Thats a good rate from CIBC. Have you been with them for a long time?

[flito ray]

Thats a good rate from CIBC. Have you been with them for a long time?
I guess. Is 10 yrs as a client with 200K in investments with them considerered a long time?

[howwon]

I haven't taken the time to backsearch your posts to see when you got your card, but please be aware that the 15 month promo period starts from the time your card is APPROVED, not when it is activated. So if you were approved 3 months ago, say, you've already used 3 months of your 0%interest time, regardless of the fact that you just activated the card. Keep that in mind when timing when to pay off your full balance. ;)

I was advised that my promo rate would expire on April 13, 2010.

As long as I make the minimum payment by the due dates, my 15 month/ 0% is good. If I fail to make a payment on time, the rate shoots up to 19.9%. This is where they make their money and they hope that you will miss a payment. No Exceptions.

[executor]

on the phone with an mbna agent right now, he said BODX doesn't work anymore and bank of america nixed the 0% program for 15 months. best they can do is 1.99% for 10 months which isn't the greatest.

[djino]

Anyone whos Opt'd to get it FedEx for $10, actually been charged the $10?

My account has been opened about 2 months, and I dont see the $10 charge :D

djino
"Not complaining, just curious"

[xtr_trek]

Also confirming that the 1.99 for life no longer works.

They are offering a 3.99% on balance transfer which stays at that rate until the transfer is paid, and the 0% for 15 months is still available.

He wouldn't give me the offer codes, but told me to call back when I decided and just mention the offer.

I figure the 0% for 15 months is the way to go, if I still owe this money after 15 months then I deserve to be paying 20% interest on it......

[iluvmikeharris]

Also confirming that the 1.99 for life no longer works.


Still works applying online.

[jmc0]

I had a 0% for 12 months - Citibank Mastercard, no annual fee. The 12 months ran out last year.
I want to re-get the deal again, what's the best way to do this?
e.g. Cancel the old Citi mastercard, wait 3 months, reapply?
Thanks

[howwon]

I received the following offer in the mail today from MBNA;

1.99% for 12 months.

Apply online: www.creditrsvp.com
Priority code: CE6B

Call to apply: 1-877-428-6060
Telephone code: D-5471384593

Expires February 15, 2009.

[casperr]

I received the following offer in the mail today from MBNA;

1.99% for 12 months.

Apply online: www.creditrsvp.com
Priority code: CE6B

Call to apply: 1-877-428-6060
Telephone code: D-5471384593

Expires February 15, 2009.

I checked it and it seems that 1.99% offer on this one is not for the life of the balance

[axela3]

^ its clearly posted 1.99% for 12 MONTHS

[angel_wing0]

^ its clearly posted 1.99% for 12 MONTHS

OWNED :lol:

[sienna owner]

I received the following offer in the mail today from MBNA;

1.99% for 12 months.

Apply online: www.creditrsvp.com
Priority code: CE6B

Call to apply: 1-877-428-6060
Telephone code: D-5471384593

Expires February 15, 2009.

seems then are selling this thru CAA members as well....but labeled as CAA MC, so you would get 1% back for your CAA on new purchases, and the 1.99% is only for 10 months

[casperr]

^ its clearly posted 1.99% for 12 MONTHS

LOL how could I have missed that out :razz:

[edmondt]

I called twice to to apply for the 0% 15 Month, but the code BODW and BODX is not valid anymore. The rep told me the codes begins with the letter "C".

He was able to give me 0% for 12 months using the code: "CAOZ"

The Interest on this card is:

17.99% On Purchase
19.99% Cash Advance

Hope this helps someone.

[computer01]

I called twice to to apply for the 0% 15 Month, but the code BODW and BODX is not valid anymore. The rep told me the codes begins with the letter "C".

Well, you got hosed.

I just applied for the 15 month 0% deal and the very first rep I spoke with gave me the promo after putting me on hold for a few minutes. This was today, Jan 6th at about 14:30. I used the BODX code and described the 15 month 0% deal when she asked what the plan details were.

Waiting to see what the approval amount is.

[howwon]

Well, you got hosed.

I disagree.

IMO, 0% for 12 months is still a good deal.

[angel_wing0]

I disagree.

IMO, 0% for 12 months is still a good deal.

it is, buit 15 months is better :D

[deepakarora79]

Got my card shipped out via Fedex yesterday but I wasn't told that there is any extra charge for that...

Got my card yesterday, activated it, consolidated the amount from the previous card, cancelled it & now waiting for the consolidated amount to appear in the new card. Will do the BT then :)
The account manager told that the consolidation takes 3-4 business days.

[angel_wing0]

I had a 0% for 12 months - Citibank Mastercard, no annual fee. The 12 months ran out last year.
I want to re-get the deal again, what's the best way to do this?
e.g. Cancel the old Citi mastercard, wait 3 months, reapply?
Thanks

yes.

I am wondering if anyone has apply to that recently..still 12 months?

[boyoflondon]

I had a 0% for 12 months - Citibank Mastercard, no annual fee. The 12 months ran out last year.
I want to re-get the deal again, what's the best way to do this?
e.g. Cancel the old Citi mastercard, wait 3 months, reapply?
Thanks

Just an FYI .... chances are that they will catch on and not approve you for 2nd time around.

[skyrink]

QUESTION: If I already have a large debt with another MBNA credit card that i have...will i be entitled to a switcheroo to this 0% interest card? and will they even let me since I'm already a customer?

any clarification would be super :)

[Garafraxa]

QUESTION: If I already have a large debt with another MBNA credit card that i have...will i be entitled to a switcheroo to this 0% interest card? and will they even let me since I'm already a customer?

any clarification would be super :)

Yes, I have done it twice. The key is that you have to pay off the balance on the old card first. So get any old line of credit, borrow the money for two weeks, then pay off the line of credit with your new 0% card. Not exactly easy, but worth it. See my post #2838 in this thread.

[Garafraxa]

Follow-up to post #2838

Well, it worked again.

I just canceled the old MBNA card whose 0% rate was about to expire, but not before transferring the $20,000+ credit limit to the new card (with 0% for 15 months). I confirmed the entire credit limit on the new card will qualify for the 0% for 15 months.

By early next week, everything should be locked and loaded. Maybe next year I'll try to transfer my mortgage to an MBNA card... :-0

[lorax1284]

5% seems to be the going rate for Capital One's "Prime +.9" card.

Anyone else with this rate getting a rate other than 5%?

The MBNA 2.99 first 3 months transfers for duration saves 2% per year: which, on $10000 is still $200 in interest fees... if you're carrying over $5000 in credit card debt, sounds like the current MBNA 2.99% offer is pretty decent.

I think I'll give Cap1 a call and see if they can't give me an even better rate, or check whether MBNA will reactivate my account with the 2.99%.

[mcshame]

I just called to get the MBNA 0% for 12 months card. I'm not as familiar with how this works, so could you guys help me out.

It seemed like the person was basically taking down my information for MBNA to review my application and advise me later if I was approved or not. I asked about lowering the 1% transfer fee and they said that I would do this at the time the transfer was done. Is this correct? And what should I insist on? Can I walk away if they don't give me at least 0.5%? They didn't ask me anything about credit limit, is this done later as well? Finally, the recording at the end mentioned that a $2.50/month statement fee would be applied. Am I able to negotiate this away or go to paperless?

[taile]

I just called to get the MBNA 0% for 12 months card. I'm not as familiar with how this works, so could you guys help me out.

It seemed like the person was basically taking down my information for MBNA to review my application and advise me later if I was approved or not. I asked about lowering the 1% transfer fee and they said that I would do this at the time the transfer was done. Is this correct? And what should I insist on? Can I walk away if they don't give me at least 0.5%? They didn't ask me anything about credit limit, is this done later as well? Finally, the recording at the end mentioned that a $2.50/month statement fee would be applied. Am I able to negotiate this away or go to paperless?

How did you get this offer? What code did you use? And what card did you appliy for? Hope this is not too much!:cheesygri

[mcshame]

How did you get this offer? What code did you use? And what card did you appliy for? Hope this is not too much!:cheesygri

I called 1-877-862-7759, told them I wanted a 0% for 15months, they transfered me to another number. I didn't give them a promotional code, just told them what I wanted. They asked me if I got it in the mail, nope.. Did I see it on the internet, I said yup... She told me there was no 15month, I argued a bit but left it at the 12month. It's the MBNA Mastercard Platinum Plus.

[taile]

I called 1-877-862-7759, told them I wanted a 0% for 15months, they transfered me to another number. I didn't give them a promotional code, just told them what I wanted. They asked me if I got it in the mail, nope.. Did I see it on the internet, I said yup... She told me there was no 15month, I argued a bit but left it at the 12month. It's the MBNA Mastercard Platinum Plus.

Thanks! I thought we have to have a code in order to get this offer.

[mcshame]

Finally read the full thread. Great discussion and work guys.

My intention is to use the 0% for 12 months to save interest on part of my mortgage line of credit. If I plan on trying to repeat this every year, should I just stick with one (MBNA) and 9-12 months from now go for the Citi one and alternate. Or just get both now and not worry about renewing later...

[Qwest905]

i think i may be doing something wrong...

from what i see when i click on the mbna card application..i see the balance transfer of 3.99%

how is everyone getting 0%??

do i apply on that website..then call in to get the 0% after i receive the card??

i'm new at this...if i do get hte card..do i just call to get my balance from another credit card transferred to this mbna one??

[angel_wing0]

yes u have to call and apply.

[Qwest905]

sorry..i should call in to apply for the credit card instead of applying online

or apply online then call afterwards?

thanks in advance

[angel_wing0]

sorry..i should call in to apply for the credit card instead of applying online

or apply online then call afterwards?

thanks in advance

u cannot apply online for that card.

[titanzzy]

Is the code BODW still valid? do I have to know the detailed offer when I call?
Can anyone bring me up to speed.
tks

[mcshame]

When filling in the CITI application, do you need the fill the the 0% transfer online, or can I do it when I activate the card? (I didn't put anything in when I submitted it)

[angel_wing0]

u can transfer after u activated the card.

[boyoflondon]

When filling in the CITI application, do you need the fill the the 0% transfer online, or can I do it when I activate the card? (I didn't put anything in when I submitted it)


Keep in mind that it takes 7-10 days to process.

[vizeta]

anybody successfully waived the 1% transaction fee from MBNA?

[djino]

As mentioned in the thread, you can perhaps get it reduced to 0.5% (not waived).

djino

[sienna owner]

activated and asked to get CL bumped...declined
called today asked for 0.5% transfer fee..declined
i guess i'll have to try tomorrow...or maybe later tonight?

[Dealll]

activated and asked to get CL bumped...declined
called today asked for 0.5% transfer fee..declined
i guess i'll have to try tomorrow...or maybe later tonight?

I did my balance transfer recently (MBNA 0% 15 month).
They insisted that cannot reduce the 1% fee for 0% promotion.
Come one guys, this is a good deal anyway!

[acint]

does this work for cash advance instead of balance transfer? if so, in theory, we can max out the credit card in cash advance and stick it in a high itnerest saving account...

[djino]

does this work for cash advance instead of balance transfer? if so, in theory, we can max out the credit card in cash advance and stick it in a high itnerest saving account...

Cash Advance does not get the promoted Interest rate, it will get the 17.99%+ on it.

What you would do instead is get them to initiate a Balance Transfer to your bank account (or get an Access Cheque from the credit card and deposit into bank account).

djino

[taile]

How do you guys pay each month? Pre-auth payment plan or manually? If you setup a pre-auth payment plan to pay the min payment each month, what happens if MBNA gives you a payment break offer, which is zero min payment required, does your plan pay zero or the normal amount?

[McPaul]

so the 0% for 15mo is still being given, even with today's economy?

Mine expires (second round) in late July, are people still getting extensions/limit increases on this offer when they "renew"?

[McPaul]

How do you guys pay each month? Pre-auth payment plan or manually? If you setup a pre-auth payment plan to pay the min payment each month, what happens if MBNA gives you a payment break offer, which is zero min payment required, does your plan pay zero or the normal amount?

preauth: $10 every 15 days.

[nickctn]

Well I just got my citi 0% card. I applied online on Dec 30th at night and got the card today. So that's about 6 business days. Now time to do my balance transfers.

[greenbelt0102]

I called 1-877-862-7759, told them I wanted a 0% for 15months, they transfered me to another number. I didn't give them a promotional code, just told them what I wanted. They asked me if I got it in the mail, nope.. Did I see it on the internet, I said yup... She told me there was no 15month, I argued a bit but left it at the 12month. It's the MBNA Mastercard Platinum Plus.

I called the same no. I also tried to get the 0% for 15 months but no go - they offered me the 0% for 12 months.

I just need to wait now if I'm approved or not - how long does it usually take?

[angel_wing0]

Well I just got my citi 0% card. I applied online on Dec 30th at night and got the card today. So that's about 6 business days. Now time to do my balance transfers.

for 1 year right not till april 09?

congrats btw!

[boyoflondon]

for 1 year right not till april 09?

congrats btw!

That code expires apr 09 but BT is valid for a year from date of 'activation'.

[angel_wing0]

That code expires apr 09 but BT is valid for a year from date of 'activation'.

nice. :)

[mcceng]

I've been following this thread for awhile and have had the MBNA 0% 15mon in 2007(expired); MBNA 0% for 12mo in 2008 and CITI 0% in 2008.

CITI 0% ends in Feb/09 and it will be paid off before then.
MBNA 0% 12months ends in Sept/09.

I applied for a new MBNA 0% 15 months using 1-866-544-4104 and code BODX on Dec 19th. I told them that a friend(redflag friend:cheesygri) recently applied with this code and received the 0%/15 month terms. The CSR accepted this without any questions and proceeded to record my personal and financial information. On Dec 31, I phoned 1-866-434-5393 to check my credit approval status. The CSR told me I was approved. All looking good so far.

Card arrived in mail Jan 7/09 and I'm approved for $2500. Quickly transferred $2000 to savings account and paid the 1% fee($20). I didn't bother to ask for 0.5% for this small amount. 0% for 15 mo. would end in April 2010.

So as of today, my credit limit on CITI is $19,900, MBNA 12 months is $52,500 and the new MBNA card $2500.

SO for 2009, plan to pay off CITI card, pay off MBNA 12 months with RCL, consolidate credit from old MBNA card onto new MBNA card and enjoy $55,000 interest free until 2010. At the time I consolidate the MBNA cards, I will ask for the 0.5% transaction fee to transfer funds to pay the RCL balance.

By the end of 2009, I'll check if this deal is still kicking to get another round of 0% credit cards.

Thanks to all who have posted!

[taile]

Did you get to choose what card you want?

[mcceng]

I only asked for the 0% 15 months using code BODX.

[lamborghinireventon]

I only asked for the 0% 15 months using code BODX.

I called 1866-544-4104 but it is out of service??

[mcceng]

Yep. You're right. I just called it. Maybe this card is no longer available. Believe me that it was working on Dec 19/08 and new card is in my hands now.

[lamborghinireventon]

i just called 1877-428-6060 and applied with code BODX. So it seems to be still available. This will be my second card with 0% for 15 months. Lets see how much credit they will offer me.

[miss_swan]

i just called 1877-428-6060 and applied with code BODX. So it seems to be still available. This will be my second card with 0% for 15 months. Lets see how much credit they will offer me.

Curious, how much credit did they offer the last time?

Would be interested to find how much they offer this time around - assuming that your credit rating is relatively the same considering the "credit crunch" nowdays.

[shylok]

Curious, how much credit did they offer the last time?

Would be interested to find how much they offer this time around - assuming that your credit rating is relatively the same considering the "credit crunch" nowdays.

Swan. it's always less than the time before unless income has increased significantly. What you have to do is combine the limit from the older one onto the new one.

[hxu7]

been trying to increase the limit on my current MBNA credit card and rejected twice. The CRS told me because i was paying only 10 dollars monthly. What the f*** reason was that? So in order to get the limit increased, should i apply for a new one or give a shot one more time?

[angel_wing0]

o0r u can just cancel the old card, wait for a month or so then apply again.

[lamborghinireventon]

Curious, how much credit did they offer the last time?

Would be interested to find how much they offer this time around - assuming that your credit rating is relatively the same considering the "credit crunch" nowdays.

Last time was $25k..

[vizeta]

side question, heard about every single time for apply a new card and cancel old card will hurt personal credit score. is that truth?

[mcceng]

It depends. One or two credit enquiries do not affect your score. More than that, it will. See the summary from CBC 2005. http://www.cbc.ca/consumers/market/files/money/credit/tipsscore.html. Read the part under the head "Don't apply for credit unless you really need it"


Personally, my credit score is lower now than it was five years ago but it has never prevented me from receiving new credit cards/loans/mortgages. I guess that I apply for new credit maybe 3 times a year. I always pay off credit card balances in full and never miss mortgage payments.

I am more than happy using 0% credit cards and I am only slightly concerned about my credit score. Last time I checked my credit score, it was in the fair range based on report from Transunion. It was very good before.

Hope this answers your question.

[vizeta]

Thanks mcceng, your answer solved my worry. :)

[Ryvius]

Is there any university student who applied for the 0% interest MC? How much credit did they give out?

[omegas_decree]

Is there any university student who applied for the 0% interest MC? How much credit did they give out?

I was denied. The credit analyst told me to go apply for a student loan from the bank.