MBNA Offers 19-Month Zero Per Cent Balance Transfer Deal - its Longest Ever - With Lower Transfer Fee
By Mbna Europe Bank Ltd, PRNEMonday, June 27, 2011
CHESTER, England, June 28, 2011 -
MBNA has launched a balance transfer credit card with zero per
cent interest for 19 months for new customers - its longest
ever.
Another key advantage of the MBNA Platinum Balance Transfer
credit card is that customers can benefit from a highly competitive
2.5 per cent handling fee.
The deal is now available on
until 18 July 2011.
The MBNA Balance Transfer credit card offers zero per cent
interest on balance transfers and money transfers for 19 months
from account opening (when made within the first 60 days, subject
to a 2.5 per cent handling fee).
The MBNA Platinum Balance Transfer credit card has a
representative rate of 16.7 per cent APRvariable.
Ian O’Doherty, Europe Card executive for Bank of America Europe
Card Services, which operates the MBNA brand, said: “The length of
the offer is not the only element of a deal UK consumers should
consider when opting for a new balance transfer credit card. Plus,
this card enables customers to transfer, for a low fee, money into
their current accounts to enable them to pay off or save money on
other higher interest bearing debts they may have.
“Although this is our longest ever balance transfer offer, by
reducing the handling fee for balance and money transfers, we have
demonstrated, once again, our commitment to delivering leading
products to our customers.”
The balance transfer credit card is contactless-enabled (click
here for details).
This latest product announcement follows the launch, in March
this year, of MBNA’s first cash back credit cards in the UK;
enabling customers to earn an unlimited amount of cash back for
their card purchases.
About MBNA Europe Bank
MBNA Europe is a wholly owned subsidiary of Bank of America
Corporation (NYSE: BAC) and is the recognised leader in affinity
marketing.
For more information, visit the company’s website at
Bank of America’s website at
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
terms and conditions.
For further information, contact: Gary Jenkins, Corporate Communications, Bank of America Europe Card Services, Tel: +44(0)1244-574136, Email: gary.jenkins at mbna.com
Tags: Chester, England, June 28, MBNA Europe Bank Ltd, United Kingdom
