tolkarovers
Registered User
- Messages
- 60
Hi,
Apologies if this is a stupid question or if I'm missing something, but MBNA have aan offer for only 1.9% introductory rate for balance transfers or cash for the first 6 months on a new account. Surely if I take up the offer, take 5k in cash, and lodge it into rabio @ 3% I should end up ahead even if I need to pay the min balance each month. What am I missing?
Thanks,
Tolka
Apologies if this is a stupid question or if I'm missing something, but MBNA have aan offer for only 1.9% introductory rate for balance transfers or cash for the first 6 months on a new account. Surely if I take up the offer, take 5k in cash, and lodge it into rabio @ 3% I should end up ahead even if I need to pay the min balance each month. What am I missing?
Thanks,
Tolka