If you are looking to make a new credit card application, and would like a card that offers strong and long lasting value, the balance transfer credit card released last year by MBNA should be worth a consideration.
Offering 0% on balance transfers for 16 months from account opening, it also offers 0% on card purchases for the first three months. These are just two of the market-leading features of the MBNA Balance Transfer card that are well known.
The small print of the offer in this case are not there to try and mislead you, but in fact are pretty standard, you have the first 60 days to make a transfer, so no rushing around for paperwork, the handling fee is a low 2.88% and the standard rate of interest for purchases and balance transfers is a below market average 16.7% APR (typical) variable.
Will Curley, product executive for Bank of America Europe Card Services, which operates under the MBNA brand, said: “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.”
The MBNA 0% Balance Transfer credit card also comes with the new contactless technology as standard and an will be part of the new payment allocation in place that will see your higher interest balances paid off first, reducing the overall amount of interest you may back.