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MBNA Balance Transfer Card Continues To Lead The Way

February 28, 2011

By Staff Reporter

There are a whole host of players in the credit card market but there’s one that always stands out, offering strong and long-lasting products. We’re talking about the largest credit card provider in Europe, MBNA and in particular its Balance Transfer credit card deals.

The 0% balance transfer credit card was launched last year but still leads the way with a great deal on both balance transfers and purchases.

Talking about the card, let’s hear what Will Curley, product executive for Bank of America Europe Card Services, which operates under the MBNA brand in the UK, has to say: “Our customers tell us they are looking for better offers in the market, and that is what we are delivering”

We are constantly searching for new ways to bring more choice, simplicity and value to all that we do, including delivering a suite of products that offer real value for customers.”

Do a credit card comparison and you will see MBNA really are offering value to their card holders, the Balance transfer card comes with 0% on card purchases for the first three months and 0% on balance transfers for a massive 16 months from account opening (when made within the first 60 days). The transfer-handling fee is 2.88% and the standard rate of interest for purchases and balance transfers is 16.7% APR (typical) variable.

Add to this the new contactless technology and higher interest balances being paid off first and you have yourself a hard to beat deal.

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