No. of Recommendations: 0
I got an ad in the mail from Discover that sounded too good to be true: apply for our card, and you can get 0% interest on balance transfers through April 2003. No transaction fees! Just one little problem--I already have a Discover card.

This credit limit isn't as high as my ridiculously huge MBNA limit

At least with MBNA they tell you that you can have more than one MBNA card. Early on...they sent me an offer for a new card...I forget the details...but then added a note saying that they know I already have a card with them, but there is nothing wrong with having another one.

Of course, way back when I was in a contest to have the most credit cards....I did have two VISA cards, along with two AMEX, and a Mastercard (there's no Discover in Canada)....

The latest offer I got was a debt consolidation loan offer from MBNA....I hate those too....they always pitch it based on the lowest rate they offer (9.9%), but note that you won't necessarily get this rate....could be high like 21.9%.

But, the only debt I'd currently consider rolling into this loan offer...is on my MBNA card. I owe $10k on the card, and it is currently at 13.9% (fixed)...so if I really can get 9.9%....why am I not getting it already. My other two cards are 9.9% (fixed) and 10.49% (variable)....though I have about $6k on each.

The Dreamer.

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