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November 30, 2023
11:36 pm
smayer97
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DavidSan said

Yea exactly. There is a promo of 0% interest for 12 months with only 1% balance transfer fee if you sign up through the affiliate link from Credit Karma.
Very important that you need to be signed in to Credit Karma for the promo to have 1% balance transfer fee (normally its 3%). And also be very careful to read some posts on RFD or Personal Finance Canada Reddit to learn about the precaution needed when you do a balance transfer on a CC  

Please explain the steps to do it via Credit Karma. I have several MBNA balance transfer promos I want to use now.

P.S. I think I see... you have to apply for a new card... will do.

December 1, 2023
12:06 am
DavidSan
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smayer97 said

Please explain the steps to do it via Credit Karma. I have several MBNA balance transfer promos I want to use now.

P.S. I think I see... you have to apply for a new card... will do.  

Feel free to DM me if you have questions

December 1, 2023
12:32 am
smayer97
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DavidSan said

Feel free to DM me if you have questions  

I assume it is only an offer for a new card. As such I applied, as I am used to that form MBNA. If there is/was another way, please do share.

December 1, 2023
2:11 am
cgouimet
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Oaken 12/18/24 Mo GIC's back to their previous levels of 5.75/5.65/5.60% today.

sf-cry

CGO
December 1, 2023
6:11 am
DavidSan
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smayer97 said

I assume it is only an offer for a new card. As such I applied, as I am used to that form MBNA. If there is/was another way, please do share.  

On RFD MBNA balance transfer thread, people mentioned having 2 or more cards, transferring the credit limit on the True line card to another and close the true line card, wait for a few days and apply for it again
Check it here
https://forums.redflagdeals.com/mbna-cards-bt-promos-mbna-tl-new-card-offer-co-branded-cards-dead-2210803/188/

December 1, 2023
10:37 am
smayer97
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DavidSan said

On RFD MBNA balance transfer thread, people mentioned having 2 or more cards, transferring the credit limit on the True line card to another and close the true line card, wait for a few days and apply for it again
Check it here
https://forums.redflagdeals.com/mbna-cards-bt-promos-mbna-tl-new-card-offer-co-branded-cards-dead-2210803/188/  

Thanks. Reviewed the thread. Between my wife and I, we have 9 MBNA cards (had more at one point). So I am very familiar with the credit limit redistribution. Have been doing it for years. At this point, we have maxed on the credit limit, so new cards simply get credit limit redistributed from other cards. Then I simply redistribute again to take advantage of best offer.

Thanks for confirming what is involved.

December 1, 2023
10:54 am
DavidSan
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That's the trick. I'm new to balance transfers and just got my first MBNA card last month

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