CHESTER, England, November 26, 2012 /PRNewswire/ --
New MBNA Platinum credit card offers 22 months at zero percent interest on balance and money transfers
MBNA today launches its longest ever credit card offer, with new customers receiving zero percent interest on balance transfers and money transfers for 22 months.
(Photo: http://photos.prnewswire.com/prnh/20121122/577918 )
The new MBNA Platinum credit card is available to successful applicants through a range of aggregator websites (see list below). It offers zero percent interest on balance transfers and money transfers for 22 months as long as they are made within the first 60 days of opening an account (a 2.85 percent handling fee applies to balance transfers and a 4.00 percent fee applies to money transfers).
The card also offers zero percent on purchases for three months from the date the account is opened.
Michael Donald, MBNA's Business Development and Marketing executive, said: "This new long-term balance transfer credit card is, by a clear two months, the longest we've ever offered in the UK, and we're delighted to be able to make it available for new customers in time for Christmas.
"Unlike many other credit card deals, the 22-month offer also applies to money transfers, which allows customers accepted for the card to transfer part of their credit card limit into their current account to help pay off or consolidate other debts they may have, such as loans or overdrafts."
Consumers can apply for the new 22-month MBNA Platinum credit card at the following websites:
Representative example 16.9% p.a. variable on card purchases. This is equivalent to 16.9% APR representative variable based on a credit limit of £1200.
The new credit card from MBNA is contactless-enabled (click here for details).
Picture Caption: The new Platinum credit card from MBNA
About MBNA Europe Bank
MBNA Europe 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 or Bank of America's website at http://www.bankofamerica.com.
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 learning more about any of MBNA Europe's products should visit http://www.mbna.co.uk for full terms and conditions.
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