Skip to content

MBNA Credit Card: unique features and benefits for you!

MBNA Credit Card has four different credit cards and everyone has a unique benefit. Know more and choose the best for you!

MBNA Credit Card

MBNA Credit Card belongs to the MBNA Corporation, owned by MBNA Bank before being bought by Bank of America in 2006. This bank provides its services in America, UK and Canada. MBNA Credit Cards bring a new attraction to the bank. These credit cards have many categories, and a person can check his eligibility and then apply for the card. For every kind of transaction, MBNA introduced a specific credit card.

The MBNA Credit Card has four different options. Every card has some unique features. Some of them are more reliable in shopping and some in transferring amounts. Some of them help in purchasing, and some of them pay debts. MBNA provides every category of cards, and they are safe and secure for any transactions. The bank discovers new ways of banking with all these credit cards.  Let’s discuss every card in detail.

Balance transfer MBNA Credit Card

If you have amounts to pay back on other cards, this card may help. This credit card has the facility of transferring all of your existing credit and retail card amounts to one card. Cardholders can keep track of their repayments in one spot and make it only one monthly repayment. Customers can get discounted pricing for a limited time. It may save you money on interest and offer you more time to repay your debts.

Transfer and purchase credit card

The MBNA Credit Card may be right for you if you plan on making transfers and purchases. You can do money transfers, funds transfers, and investments with this card at introductory rates. The customers need to put all of their small assets in one location and stretch out the cost of larger ones. They can transfer a portion of their credit available limit to their current account at a discounted rate. It is valuable for customers doing large purchases and funds transfers.

MBNA Credit Card

An MBNA purchase credit card service can help anyone pay for items your way, whether for daily necessities or something even more substantial. The customers can get a special introductory purchase rate to stretch the costs over a more extended period. If you want to earn cashback, you need to activate MBNA Smart Rewards. There is Section 75 protection available on purchases between £100.01 and £30,000.

Money transfer credit cards

Also, the MBNA Credit Card is suitable for those customers who wish to utilize their credit cards to assist with current account payments. The cardholders can transfer money from their available credit limit to any UK’s existing accounts. The customers may have more freedom when paying for unexpected expenditures, and they can do it quickly.

Hence, this credit card is very beneficial for the current account holders as they are making many transactions without wasting their precious time. In some locations where credit cards are not usable, cardholders can send any amount through their debit card or cash. Keep reading to know more about it!

The customers can send any amount from this credit card to any current account holders in the UK. The minimum amount customers can transfer to their existing account is £100. Remember that customers can only move the amount in their accounts, not anyone else’s account. It is highly safe.

MBNA Credit Card loan facility

MBNA provides different loans to its customers, who can avail this opportunity by using the MBNA Credit Card. Customers can apply for the loans if they want to buy a car, make home improvements, holidays expenditure, and for weddings. They can also borrow some amount to pay their medical bills.

When taking out a loan within the provided amount and duration range, the representative APR is the rate that at least 51% of people are projected to obtain. The APR percentage is different for different loan ranges, and the periods for these loans are 1 to 5 years. If a customer wants to get a £1,000 to £2,999 loan, the APR rate is 13.5%. Great credit cards and great loans available.

An individual should have an illustrative APR of 8.3 per cent on 3,000 to £4,999 loans. The loan of 5 000 to £7,999has an exemplary APR rate of 3.4 percent. On the other hand, a customer has an illustrative APR of 2.8 percent alone of 7,500 to £25,000. Next step is to know if you are able to apply for your MBNA Credit Card.

MBNA Credit Card: check eligibility

Fill out the bank’s quick form, and the bank will conduct a soft search for you. The customers may be able to acquire a pre-approved offer. Choose your MBNA Credit Card and fill out the application completely. If you want to learn more, watch the videos provided by the bank. Bank will save and transfer your information, so you don’t have to type it again.

How to apply for the MBNA Credit Card

MBNA Credit Card has some requirements for individuals who want to apply for the card. Applicants must be from the UK. The person applying for the card should be at least 18 years old. Customers must have a monthly or annual income source. The person applying for the card should be free of County Court Judgements and Voluntary Agreements.

Also, possible customers must not be bankrupt, and applicants must not be unemployed nor students. MBNA did not decline the application of the person applying in the past 30 days. The customer should also provide current or previous credit history to the bank. Credit card applicants must provide at least the past three years’ UK residency proof.

Customers must provide an email address, valid phone number, and sort code. This application procedure is safe and secure. Applicants will receive an MBNA Credit Card in 7 working days. We hope that this article helps you decide about this great credit card. Then, you can make the best decision for you and your life.