Credit Card Review & Application

MBNA Platinum Plus Dual Credit Card

MBNA Platinum Plus Dual Credit Card

4.0

out of 5

- 0% on balance transfers for 10 months from account opening date (3% handling fee.)
- 0% on all your card purchases for 10 months
- 0% on money transfers for 10 months
- No Annual Fee
- Paperless Statements
- Fraud Protection
- Representative 16.9% APR (variable)



Intro APR: 0%*
Intro Period: 10 months
Representative APR: 16.90% (variable) *
Annual Fee: £0.00*
Issuer: MBNA Europe
Card Network: VISA®
Card Category: Consumer (Premium)
Card Type: - Low Interest Card
Credit Needed: Good*

For a limited time, MBNA Europe Bank Limited is offering an impressive interest rate as low as 0% on balance transfers, money transfers, and standard purchases for 10 months with their MBNA Platinum Plus Dual Credit Card. Keep in mind that these are temporary introductory rates, and typically only apply to early card activity, but if you qualify, live in the United Kingdom, and you act quickly, you can take advantage of them. However, this card, like their other financial products also has a fair variable interest that takes effect after the introductory period ends, so it could benefit you either way.

If it truly is savings that you are after, then you might want to consider that this card lacks the traditional annual fee that many other cards have. This means that you could potentially carry it for emergencies and large purchases with no concern for that sneaky once-a-year charge. You will probably also appreciate the 50-day interest free period. If you pay your new purchase balance off in full within 50 days of purchase, you will not have to worry about interest. That, alone, is often worth the switch.

If you are looking for convenience, this card has a lot to offer too. First of all, the application process is all online, so you can access it whenever you want. Of course, it only takes a few minutes to complete so it won't require much of your time in the end. The paperless statements are also convenient. Getting updates on your account is as simple as checking your email, plus there is no environmental waste.

Having online access is also good for security purposes. For example, it is much easier to make sure that your purchases are being processed properly as well as your payments. As you update yourself you can also make sure that there are no fraudulent or questionable charges.

Other Benefits: - Internet related services
- Safe Shopping
- Purchase Protection
- Identity Theft Protection Scheme
- Fraud Warning System
- Lost Luggage Insurance
- Travel Accident Insurance
- Travel Inconvenience Insurance
- Free 24-hour Worldwide Telephone Helpline
Comments: Acceptance Criteria: You are currently employed, over 23 years of age, a homeowner, have an income of over £20,000, do not have any recent credit defaults (CCJ's, current arrears or missed payments) on credit, and are a resident in the UK and can prove residential addresses for the past two years
Online Account Access: Yes
Introductory APR: 0%*
Applied Towards: Purchases, Balance Transfer, Checks
Introductory Period: 10 months*
Representative APR: 16.90% (variable)*
Annual Fee: £0.00*
Grace Period: 50 days*
Min Finance Charge: £1.00
Late Payment Fee: £12.00*
Over Limit Fee: £12.00
Balance Transfer: Yes
Transfer Fee (%): 3.00%
Minimum Fee: £3.00
APR Cash Advances: 27.90%
Cash Advance Fee: 3.00%
Minimum Fee: £3.00
Additional Fees Balance transfers handling fee: 3% (min.£3)
Cash transactions handling fee: 3% (min.£3)
Money transfers handling fee: 3% (min.£3)
Foreign currency transactions: 2.75%
 


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† Information concerning the MBNA Platinum Plus Dual Credit Card is confirmed to be accurate at the time of publication (Feb 2, 2011). We strive to keep this information updated but cannot guarantee its accuracy. Readers are strongly advised to go through appropriate terms and conditions attached to a product before submitting the application.




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