MBNA Platinum 39 Month Balance Transfer Credit Card
Which? customer score 65%
|Representative APR (variable)||Purchase interest p.a.||Cash withdrawal APR||Annual card fee|
The interest rate for borrowing that at least 51% of the customers accepted will pay.
The annual interest rate you'll pay on new purchases.
The interest rate you'll pay on cash you withdraw from an ATM.
The fee you'll pay for having the card each year, if any.
Reward scheme details
0% p.a. for up to 39 months from account opening date, on balance transfers made within the first 60 days, 1.99% balance transfer handling fee. 0% p.a. for up to 20 months from account opening date, on money transfers made within the first 60 days, 4% money transfer handling fee. You are not able to transfer a balance from another MBNA credit card. When these offers come to an end and for transfers made after the 60 days, the standard rate for balance transfers is 20.9% p.a. and for money transfers is 22.9% p.a. (5% handling fee applies to both).
- Representative Example
- Assumed borrowing of £1,200 for 1 year, at a Purchase Rate of 19.9% (variable), representative 19.9% APR (variable). Credit available subject to status.
MBNA Limited customer satisfaction scorecard:How do we work this out?
|Keeping you up to date with new deals||Transparency of charges / penalties||Online account management||Customer service||Overall customer score|
|Can be used for building credit rating||No|
|Minimum income required to open account||Not provided|
|Opening account is by invitation only||No|
|Account is for existing customers only||No|
|Further notes about eligibility||Hold a UK bank/building society account. UK permanent address for at least 3 years. Good credit rating/history. Eligibility for this credit card depends on your circumstances and the results of MBNA's eligibility check. The product, APR and promotional offer you could get may differ from the example.|
|Minimum age to open an account||18|
|Rate period||39 months|
|Limit period days||60|
|Rate period||0 months|
|Maximum interest free days (purchases)||49|
|Days to pay||22|
|Monthly payment min %||1.0%|
|Monthly payment min £||£25|
|Returned payment fee||£12|
|If you exceed credit limit||£12|
|Foreign usage fee (Europe)||2.95%|
|Foreign usage fee (worldwide)||2.95%|
|Charges for cash withdrawals||Yes|
|Cash withdrawal percent||5.0%|
|Reward is charity donation||No|
|Reward is cash back||No|
|Reward is Airmiles||No|
|Reward is points||No|
|Reward is vouchers||No|
|Reward is travel||No|
|Reward is Avios||No|
|Reward is discount||No|
If you do not pay the total outstanding balance in full by the payment due date, the amount you pay will be allocated to higher interest rate balances before lower interest rate balances. Where fees and charges are payable, your payment will be allocated to the interest rate applicable to these fees and charges relating to any higher interest rates first.