14th September 2007

MBNA, one of the largest issuers of credit cards in the UK, have changed the offering on their Platinum Plus credit card which now come with an offer of 0% on balance transfers until your statement date in October 2008 and 0% on purchases until January 2008. The MBNA Platinum Plus card is a Visa credit card which is available online.

The MBNA Platinum Plus card has a balance transfer handling fee of 3% for each balance transferred. The standard interest rate of typical 12.9% APR variable has also been lowered from the previous 15.9% rate, and is now one of the lowest typical APR rates for UK credit cards currently available.

The card also offers MBNA Secure, which offers a range of security measures to protect you and your credit card, as well as online access to your credit card account. The MBNA Platinum Plus credit card is available online to UK residents who are over 18 years in age, with a good credit history.

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Glossary

Balance Transfer

the process of moving an outstanding credit card debt from one issuer to another, usually at a lower rate

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