CHESTER, England, October 2, 2014 /PRNewswire/ --
Offers balance transfers up to 25
months at zero percent, with a 1.45 percent fee (terms
apply)
Credit Card Provider of the
Year[*] MBNA has launched a new
time limited MBNA Platinum Credit Card, offering eligible new
customers zero percent on balance transfers for up to 25 months
from account opening date (a 1.45 percent handling fee of £3
minimum applies). The offer only applies to balance transfers made
within the first 60 days of opening the account.
(Photo:
http://photos.prnewswire.com/prnh/20141002/709326 )
The card also offers zero percent on purchases made within three
months from the date the account is opened.
This new offer from MBNA is available for applications received
by Monday, 27 October 2014.
Representative example: 18.9% p.a. (variable) on card
purchases. This is equivalent to 18.9% APR representative
(variable) based on a credit limit of £1,200.
"We've made a commitment to make life easier for consumers to
manage their finances, and new products like this are an important
part of bringing that to life for consumers," said Michael Donald, Commercial and Customer
Experience Executive for MBNA.
The new MBNA Platinum Credit Card is available for consumers to
apply for now at
https://apply.mbna.co.uk/UKNeoCCapp/entry?sc=1OCMCPLIMB0044O&mc=OCMCPL005B7.
The credit card also features an eligibility check, which
enables consumers to find out if they are eligible before applying
for the card.[1] As part of the
eligibility check a quotation search is carried out, which won't
show as an application for credit or affect an applicant's credit
rating. If they are not eligible, they may be offered an
alternative MBNA product to consider.
Once a full online application is completed, a decision could be
made in minutes.[2] Once a
customer is approved, their card should be delivered within 10
business days.
The new MBNA Platinum Credit Card is also equipped with
contactless technology. Learn more at
http://www.mbna.co.uk/understanding-credit/contactless/.
* MBNA named Credit Card Provider of the Year after a vote among
UK consumers in the Consumer Moneyfacts Awards 2014.
[1] Eligibility for the card
depends on a customer's circumstances and the results of the
eligibility check. The product, APR and promotional offer they
could get may vary from the example.
[2] If customers apply online
between the hours of 6am and
midnight, Monday to Friday, or 6am and 9pm,
Saturday to Sunday, they could get an instant decision. Outside of
these hours, or if their application is referred to a Credit
Analyst for a final decision, MBNA will be in touch as soon as
possible.
Credit is available, subject to status, only to UK residents
aged 18 or over. Calls may be monitored and/or recorded for quality
and training purposes and for compliance with regulations.
Promotional rates will no longer apply from the beginning of any
statement period during which customers have breached their terms
and conditions, for example if they haven't paid on time or have
gone over their credit limit. Customers cannot transfer balances
between MBNA accounts.
About MBNA Limited:
MBNA Limited is a wholly owned subsidiary of Bank of America
Corporation (NYSE: BAC). For more information, visit the company's
website at http://www.mbna.co.uk. MBNA Limited, Registered Office:
Stansfield House, Chester Business
Park, Chester CH4 9QQ.
Editor and supplementary notes:
The information contained in this press release is intended
solely for journalists and should not be used by consumers to make
financial decisions. Any consumer interested in learning more about
any of this product should visit http://www.mbna.co.uk for full
terms and conditions.