New two-year balance transfer card offer is MBNA’s longest ever

MBNA launches its longest ever balance transfer credit card offering up to two years of interest-free borrowing.
 
The new MBNA Platinum balance transfer credit card offers eligible new customers up to 24 months at zero percent on balance transfers and money transfers made within the first 60 days of opening an account. The handling fee for balance transfers is 3.2 percent and a 4 percent fee applies to money transfers.
 
The card, available exclusively on the MBNA website, also offers zero percent on purchases for three months from the date the account is opened.
 
Thomas Rebel, Product Marketing executive for MBNA, said:  "We're delighted to launch this new MBNA Platinum balance transfer credit card offering up to two years of interest-free borrowing. This is our longest ever balance transfer credit card and is available now exclusively on our website.
 
"Our aim is to give UK consumers the opportunity to purchase today with money they will earn tomorrow using a company they can trust. We'll do this by continuing to offer a range of options for consumers who are considering a new credit card that can deliver value and suit their needs."
 
The new product means MBNA now offers a suite of longer-term balance transfer offers to UK consumers, ranging from 22 to 24 months. A 22-month MBNA Platinum balance transfer credit card (with 2.5 percent fee on balance transfers*) is also available exclusively on MBNA's website. Plus, a new 23-month MBNA Platinum balance transfer credit card (with 2.5 percent fee on balance transfers*) and a new 22-month MBNA Platinum balance transfer credit card (with 2 percent fee on balance transfers*) are available now on a range of price comparison websites.
 
* Applies to balance transfers made within the first 60 days of opening an account.
 
For the MBNA Platinum credit card offering up to 24 months at zero percent on balance transfers and money transfers: Representative example 16.9% p.a. variable on card purchases. This is equivalent to 16.9% APR representative variable based on a credit limit of £1200.