Credit Card Review & Application
MBNA Platinum Credit Card
- 0% on balance transfers for 20 months (2.95% handling fee). For this great rate your balance needs to be transferred within the first 90 days of opening your account.
- 0% on money transfers from your credit card to your current account for 19 months (4% handling fee). Remember for this great rate you need to transfer money within the first 90 days of opening your account.
- 0% on card purchases for 3 months from the date your account is opened.
- Representative Example: 16.7% APR Representative (variable). Based on 2.95% balance transfer fee, credit limit of 1200.00, annual interest rate (variable) 16.7%.
Related Cards
| Intro APR: | 0%* |
| Intro Period: | 20 months |
| Representative APR: | 16.70% (variable) * |
| Annual Fee: | £0.00* |
| Issuer: | MBNA Europe |
| Card Network: | VISA® |
| Card Category: | Consumer (Premium) |
| Card Type: | |
| Credit Needed: | Good* |
MBNA Europe Bank Limited is the home for credit cards in the United Kingdom. They have a variety of financial products that are designed to help consumers at every level of need.
The MBNA Platinum Plus Credit Card, for example, offers many unique benefits that are exclusively available to highly-qualified applicants. In order to take advantage of these benefits, though, you need to apply for a card, which you can do online. Just answer a few quick questions about yourself and your work status and you could be approved quickly.
When you receive your new card, you will be able to take advantage of a 20-month introductory rate on balance transfers as well as account transfers. With the right credit score, in fact, you could pay next to nothing during this period, which gives you plenty of time to consolidate your existing balances and pay them down.
You could also potentially enjoy the same low rates on standard purchases for the first three months. After your introductory period expires, though, a moderate standard variable rate kicks in.
If convenience is your biggest issue, you will appreciate the fact that this card also features paperless billing. You can simply visit the website to look at your account which also allows you to monitor for fraud. Of course, you won't have to do all the work since MBNA offers fraud protection too.
If is savings that you are after, you may want to take note that you have as much as 50 days to pay off your new purchase balance in full before any interest is accrued. There is no interest free period for balance transfers, money transfers, or cash advances. At the same time, though, you will definitely save money due to the fact that there is no annual fee.
| 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 |
| Online Account Access: | Yes |
| Introductory APR: | 0%* |
| Applied Towards: | Purchases, Balance Transfer, Checks |
| Introductory Period: | 20 months* |
| Representative APR: | 16.70% (variable)* |
| Annual Fee: | £0.00* |
| Grace Period: | 50 days* |
| Min Finance Charge: | £0.10 |
| Max Credit Line: | £50,000 |
| Late Payment Fee: | £12.00* |
| Over Limit Fee: | £12.00 |
| Balance Transfer: | Yes |
| Transfer Fee (%): | 2.95% |
| 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 Credit Card is confirmed to be accurate at the time of publication (Oct 6, 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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