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MBNA Platinum Credit Card offers zero percent p.a. for up to 31 months

28th May 2014 Print

Credit card provider MBNA has launched its longest ever balance transfer credit card, offering eligible new customers zero percent p.a. on balance transfers and money transfers for up to 31 months from the account opening date (handling fees apply).

The offer applies to transfers made within the first 60 days of account opening (a 2.89 percent handling fee applies to balance transfers and a 4 percent fee applies to money transfers).
 
The card also offers zero percent p.a. on purchases for three months from the date the account is opened.
 
“This new credit card enables eligible new customers to take advantage of the longest balance transfer and money transfers we’ve ever offered in the UK”, said Michael Donald, Marketing and Commercial executive for MBNA. “We’re committed to offering products that make it easier for consumers to manage their finances”.

The credit card also features the eligibility check, which enables consumers to find out if they are eligible before applying for the card without it affecting their credit rating. If they are not eligible, they may be offered an alternative MBNA product to consider.
 
Once a full online application is completed, a decision could be made in minutes. Once a customer is approved, their card should be delivered within 10 business days.
 
The new MBNA Platinum credit card is also equipped with contactless technology.
 
Representative example: 18.9% p.a. (variable) on card purchases. This is equivalent to 18.9% APR representative (variable) based on a credit limit of £1,200.

The new MBNA Platinum credit card is available for consumers to apply for now at mbna.co.uk.