American Airlines AAdvantage(R) Flying High With new American Express(R) Credit Card From MBNA

By Mbna Europe Bank Ltd, PRNE
Monday, April 5, 2010

CHESTER, England, April 6, 2010 - MBNA today announces the launch of a new credit card in conjunction with
American Airlines and American Express - the American Airlines AAdvantage(R)
American Express Credit Card.

The card offers a competitive rate of interest plus a range of unique
rewards through the exclusive American Airlines AAdvantage(R) travel rewards
programme1.

When signing up to the new product, every customer spending GBP250 within
the first 90 days of opening an account will receive a sky high 5,000
AAdvantage(R) bonus miles2.

By using the new AAdvantage(R) credit card, customers will earn 3
AAdvantage(R) miles for all supermarket, petrol and American Airlines
purchases within the first six months of the account opening3.

Other card purchases or purchases made after the first six months will
earn 1.5 AAdvantage(R) miles for every GBP1 spent4.

The card will offer 0% on all American Airlines flights purchased with
the card for 12 months from the date the account is opened5, plus customers
will be eligible for a range of exclusive promotions throughout the year.

The new American Airlines AAdvantage(R) American Express credit card
offers 0% on balance transfers and money transfers for six months from the
date the account is opened (as long as they are made within 90 days of the
account opening. A 2% handling fee applies to both).

After the introductory period the card will revert to a typical rate of
17.9% APR (variable).

Maria Sebastian, Vice-President Sales & Marketing EMEA, American
Airlines, commented: "Having been the first airline to introduce the concept
of frequent flyer loyalty programmes back in 1981, American Airlines is
delighted to have teamed up with MBNA to introduce its new co-branded
AAdvantage(R) American Express UK credit card. The card provides an
outstanding proposition in terms of value and rewards, both in the
introductory phases and on an on-going basis. Existing AAdvantage(R)
customers will benefit from a new method of seeing their miles accumulate
faster with their normal everyday spending, while new AAdvantage(R) members
will enjoy the excellent mileage accrual rates that will help them on the
path to the many great rewards on offer."

Greg Reed, Chief Marketing Officer for MBNA, said: "This is a product
that will be of real benefit to frequent travelers. The rewards programme is
comprehensive and wide-ranging, and we are delighted to have teamed up with
American Airlines and American Express to develop a product that provides
real added value for customers."

For more information, including MBNA, terms and conditions, or to apply,
please visit www.mbna.co.uk/aadvantage or www.aa.com/uk/mbna.

About MBNA Europe Bank

MBNA Europe is a wholly owned subsidiary of Bank of America Corporation
(NYSE: BAC) and is the recognized leader in affinity marketing. MBNA credit
cards and related products and services are endorsed by more than 5,000
organisations worldwide.

For more information, visit the company's website at
www.mbna.co.uk or Bank of America's website at
www.bankofamerica.com.

About the AAdvantage(R) Programme

The AAdvantage(R) Programme was the first and is the world's largest
frequent flyer programme. Established in 1981, the programme now has in
excess of 60 million members. Members can earn miles at over 1,000
participating companies, which include more than 30 hotel chains representing
upwards of 60 brands, exceeds 20 airlines, eight car hire companies, 12
financial companies and over 250 brand name retailers. In addition, members
can earn miles when making purchases with one of more than 100 affinity card
products in over 40 countries. In 2008, AAdvantage(R) members redeemed more
than 155 billion miles to claim in excess of 4.8 million awards for flights,
upgrades and car hire. For more information and a listing of AAdvantage(R)
program participating companies, visit www.aa.com/aadvantage.

About American Airlines

American Airlines, American Eagle and the AmericanConnection(R) airlines
serve 250 cities in over 40 countries with, on average, more than 3,300 daily
flights. The combined network fleet numbers almost 900 aircraft. American's
award-winning website, AA.com, provides users with easy access to check and
book fares, plus personalised news, information and travel offers. American
Airlines is a founding member of the oneworld(R) Alliance, which brings
together some of the best and biggest names in the airline business, enabling
them to offer their customers more services and benefits than any airline can
provide on its own. Together, its members serve nearly 800 destinations in
over 150 countries and territories.

About American Express(R)

American Express is a global services company, providing customers with
access to products, insights and experiences that enrich lives and build
business success. Since 1996, American Express has been pursuing a strategy
of opening its merchant network and card product portfolio to third party
issuers around the world. By leveraging its global infrastructure and the
powerful appeal of the brand, American Express has gained even broader reach
for its network worldwide. American Express has now established 130
partnerships in 129 markets across the world. Learn more at
www.americanexpress.com/gns.

Editor and supplementary notes:

The information contained in MBNA Europe's press releases is intended
solely for journalists and should not be used by consumers to make financial
decisions. Any consumer interested in finding out more about any of MBNA
Europe's products should visit www.mbna.co.uk for full terms and
conditions.

1 All customers will be automatically enrolled into the AAdvantage(R)
travel rewards programme.

2 American Airlines AAdvantage(R) bonus miles will be awarded to the
primary cardholder only after first use of new card account within 90 days of
opening the account. Please allow four to six weeks after your transaction
appears on your credit card statement for AAdvantage(R) miles to be credited
to your American Airlines AAdvantage(R) account . Offer may be changed,
withdrawn, or extended at any time and cannot be combined with any other
offer.

3 Fuel purchases include (diesel, petrol or LPG Autogas) from any fuel
stations in the UK including supermarkets; Supermarket spend within the UK;
American Airlines flights booked at Americanairlines.co.uk or via American
Airlines call centre.

4 American Airlines AAdvantage(R) miles are only earned on card purchases
and not on any other type of transaction.

5 For flight purchases made directly with American Airlines only.

For full details of how MBNA will allocate your repayments, particularly
when promotional offers have the same rate, please see the full MBNA terms
and conditions. Promotional rates will no longer apply from the beginning of
any statement period during which you have breached your terms and
conditions.

The AAdvantage(R) / American Express(R) credit card from MBNA is issued
by MBNA Europe Bank Limited, Registered Office: Stansfield House, Chester
Business Park, Chester CH4 9QQ. Registered in England number 2783251. Credit
is available, subject to status, only to UK residents aged 18 and over. You
cannot transfer balances from another MBNA account. MBNA will monitor or
record some phone calls. MBNA's consumer credit activities are licensed by
the Office of Fair Trading (OFT), and MBNA general insurance activities are
authorised and regulated by the Financial Services Authority (FSA).

For further information, contact: Gary Jenkins, UK PR Manager, Bank of America Europe Card Services, Tel: +44(0)1244-574136, Mobile: +44(0)7825-721118, Fax: +44(0)1244 672468, Email: gary.jenkins at mbna.com Or Zoë Martin, PR Manager Europe, American Airlines, Tel: +44(0)20-8577-4804, Email: zoe.martin at aa.com

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :