Chelsea Rewards Credit Card

If you live in the United Kingdom and love the Chelsea football team, you probably like to show your support in interesting ways. Obviously, you attend the matches in the stadium or you stop in for a pint at the local pub to watch with other dedicated fans. However, did you know that the Chelsea Rewards credit card was developed by MBNA Europe Bank Limited to help the development of this team?

It's true; while many credit cards offer incentive programs that earn you points towards benefits that you can enjoy, when you use this card, MBNA will make contributions to the Chelsea Football club, which they then use towards community outreach programs. Along with the Academy at Chelsea, these programs help to develop the youth, both athletically and personally, as they search for future footballers.

Since this is very similar to charity and technically qualifies as an incentive program, you might be wondering what is in it for you. After all, many cards that are currently on the market provide benefits that directly affect the card holder, and not a philanthropic cause. You do not need to worry; MBNA knows that your charitable spirit should be rewarded, which is why they have provided a low introductory rate on balance transfers and money transfers for the first 12 months. Obviously, this can save you a great deal of cash in the long run. However, the low rate on standard purchases for the 3 months may impact you more immediately.

Although transfers are assessed a small handling fee, the typical variable interest rate is fair, which should at least balance out in the end. Also, this card has no annual fee and a 50 day, interest-free grace period on standard purchases, which affords you the ability to make time for more savings.