MBNA launch new long term balance transfer credit card

Wednesday, 16 March 2011 09:57

Following the launch of their first cash back credit card, MBNA has announced details of a new long term balance transfer credit card that offers zero per cent interest on balance transfers for 18 months.

The offer applies to balance transfers applied for in the first 60 days from account opening. The card comes with a 2.88 per cent handling fee on balances transferred and also offers zero per cent interest on new purchases for the first three months before reverting to a rate of 16.7 per cent APR variable.

Will Curley, product executive for MBNA, said: "This is our longest ever balance transfer offer and one of the longest balance transfer credit card deals in the UK. Once again, we are demonstrating our commitment to developing and delivering market leading products to our customers.”

The announcement follows the launch, last week, of MBNA's first cash back credit cards in the UK; enabling customers to earn an unlimited amount of cash back for their card purchases.

Use the Myfinances.co.uk’s comparison tables to find the best deal on a credit card.
 

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