MBNA to exit UK market

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Re: MBNA to exit UK market

Postby timco » Sat Oct 08, 2016 10:31 am

Virgin Brides!

Least when he launched a brand of condoms he called them Mates and not Virgin Condoms.

I doubt anything he does will have the happy merry-go-round of 0% offers as he comes in slightly below the market price then ups the price.

The demise of MBNA is worrying but hey

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Re: MBNA to exit UK market

Postby planteria » Sat Oct 08, 2016 4:57 pm

is there a demise of MBNA?

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Re: MBNA to exit UK market

Postby timco » Sat Oct 08, 2016 7:44 pm

planteria wrote:is there a demise of MBNA?


Well it won't be MBNA if they sell it on just as Egg was not Egg when the books were sold to Barclays and as Gus financial won't be Gus Financial now it has been sold to Sainsburys bank.

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Re: MBNA to exit UK market

Postby planteria » Sun Oct 09, 2016 7:28 am

but at the moment we aren't seeing a demise, are we?
i have c28k of their money on good terms now, and they are very much in the market for more of the same:
https://www.mbna.co.uk/compare-credit-c ... dit-cards/

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Re: MBNA to exit UK market

Postby timco » Tue Nov 22, 2016 10:35 am

If this is true you can kiss goodbye to all good terms I think

http://www.dailymail.co.uk/money/market ... debts.html

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Re: MBNA to exit UK market

Postby blythburgh » Tue Nov 22, 2016 10:55 am

timco wrote:If this is true you can kiss goodbye to all good terms I think

http://www.dailymail.co.uk/money/market ... debts.html


The answer is to go for a cashback card and only use the CC if you know you can afford to pay it off in full when the bill comes in
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler

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Re: MBNA to exit UK market

Postby planteria » Tue Nov 22, 2016 2:12 pm

that is certainly one of the wise uses blyth, and the best advice for most..

and interesting timco. let's hope that Cerberus win the business. as a standalone business in the UK i would hope they will continue to compete hard in the BT market. without them Barclaycard could ease right back and stoozing deals could be over. but we never know.. maybe Lloyds will fancy taking Barclaycard on, head on :think: and the idea of two of our major UK banks being the leading card providers is not all bad.

i have a Lloyds balance to clear by January and was looking to clear and close shortly. but i might keep the account open now. i might be dreaming, but if they would let me merge my MBNA and Lloyds limits i'd have an account for some serious stoozepotting when the time is right :angel:

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Re: MBNA to exit UK market

Postby planteria » Mon Nov 28, 2016 9:12 am

anyone care to speculate as to the chances of this deal proceeding?

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Re: MBNA to exit UK market

Postby blythburgh » Mon Nov 28, 2016 11:33 am

planteria wrote:anyone care to speculate as to the chances of this deal proceeding?


not me, as I do not know anywhere near enough to do more than make wild guesses, maybe some others will be able to make informed guesses
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Re: MBNA to exit UK market

Postby William Joseph » Tue Dec 20, 2016 8:22 am

Lloyds has agreed to buy, Story here http://www.bbc.co.uk/news/business-38376747
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