MBNA 5.9% APR Rate For Life Credit Card


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Consumer (Regular) Credit Card -- MBNA Europe.


Basic Information

  • A promotional rate on balance transfers and money transfers - 5.9% for the life of the transferred balances* 2% handling fee for balances transferred in the first 60 days, 3% thereafter (4% for money transfers)
  • Ideal for rearranging your finances and consolidating loans*
  • Verified by Visa™
  • With MBNA Secure
  • Paperless Statements
  • Free 24 hour worldwide Customer Satisfaction Helpline
  • Representative 16.9% APR (variable)

5.9%* Intro APR

for Life of Balance*Intro APR Period

£0.00*Annual Fee

Good*Credit Needed

50 days*Grace Period

£12.00*Late Payment Fee

Representative APR: 16.90%* Variable
Card Network:VISA®
Card Type:- Low Interest Card

Card Review

The MBNA 5.9% APR Rate For Life Credit Card from MBNA Europe Bank Limited might be one of the most promising credit cards that you could come across. As long as you have an address in the United Kingdom, you can take advantage of a low rate of 5.9%, obviously, that is secured for the life of your balance. This promotional rate applies to all balance and money transfers that you make within the first 60 days of opening your account.

This card, however, does charge a 2% processing fee on balance transfers for the first 60 days and then 3% after that. These charges are somewhat standard in the industry, though. To make up for it, you may appreciate that this card also carries a 50 day interest-free period. Coupled with no annual fee, this interest avoiding option can truly help you to save money over the course of your account.

Rewards & Benefits

Other Benefits:- Internet related services
- Paperless Statements
- Free 24 hour worldwide Customer Satisfaction Helpline
* See other benefits on Terms and Condition page

Card Finance & Rates

Introductory APR:5.9%*
Applied Towards:Balance Transfer
Introductory Period:for Life of Balance*
APR on Purchases: 16.90%* Variable
Annual Fee:£0.00*
Minimum Credit Line:£300

Balance Transfers

Balance Transfer:Yes
Transfer Fee:3.00%
Minimum Fee:£3.00

Cash Advances

APR on Cash Advances:27.90%
Cash Advance Fee:3.00%
Minimum Fee:£3.00

Other Fees

Additional Fees: Money transfers: 4% handling fee, min £3
Foreign currency transaction: 2.99% commission fee

Notes

We consider all information provided by affiliated companies for the MBNA 5.9% APR Rate For Life Credit Card to be accurate at the time of posting (Feb 2, 2011). To be sure that nothing has changed and that you fully understand the potential contracts, please read the respective Terms and Conditions for MBNA 5.9% APR Rate For Life Credit Card.


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