For those who own a Marks & Spencer Credit card

A question about : For those who own a Marks & Spencer Credit card

Hi,

I took martins advice on best BT card and went for the M&S card.

Received my credit app to sign and send back. On my copy to keep (yellow copy if anyone has it to hand) under the other financial information section.

It mentions Total Charge For Credit which is £524.31 based on an assumed credit limit of £1500.

Did yours say this and you got a higher credit limit? Or did it have a different figure in here which you got?

I'm trying to work out my figures and hope I have been given more than £1500!

Question 2 - one of the balances I want to transfer is on a HSBC classic credit card, with M&S finance being a wholly owned subsidiary of HSBC has any one tried this or thinks there will be an issue?

Thanks everyone

Best answers:

• is ur credit limit 5,700???
• Thanks Phil!
  Quote:
• Sorry to hijack, but do any of you know when M&S are going to have this availabe to manage on-line?
• I guessed based on a formula, that the limit might be £5,700 or close...
• Fahim I would be more than happy with that limit!
• Just an update guys the £1500 assumed limit they put on your personalised app is just that. They gave me £6000
• Thats a nice amount Did you manage to BT your HSBC card to it? I know it says it can't be done but it might be worth a try...
• It can't be done, I BT to MBNA and straight after called M&S and did a BT for the same value!
  The same day my HSBC BT hit MBNA there was already a credit there from M&S.
  I couldn't find a way around the 2% fee from MBNA but for a lifetime rate of 3.9% i'm not too fussed!
  I cleared all my overdrafts as well - M&S have a high interest rate for this so used MBNA again who charge 3% on OD's and then transferred straight to M&S
• I've applied for a &More card tonight. Fingers crossed i'll get a good limit. If not i'll just use it for 0% purchases.
• Sorry to but in but i have a question, well 2 actually.
  1. do you get charged for a balance transfer onto the 3.9% deal?
  2. Can you transfer into an overdraft?
  thanks
• I got a £4000 limit.
• Thanks pault123 just another question!!!
  Can you BT from egg to an overdraft with no fee
  many thanks
• Can you buy Ј sterling? can't see it on the website
• How long did it take for anyone applying for this card to get a decision. I applied on sunday and was told 48hrs which isn't a problem. I appreciate they wouldn't have looked at it until Monday morning at the earliest. What slightly concerns me is that they never even sent me an email confiirming my application had been made as soon as i submitted it online. Am i worrying unduly?