MBNA Platinum Credit Card Review

Overview

With the MBNA Platinum Plus Credit Card you can benefit from some great deals, like a low typical rate of APR and introductory offers including 0% on balance transfers and purchases for a limited period. There is no annual fee with the MBNA Platinum Credit Card and you can access your account online 24 hours a day.

• Online Banking – Access your account to view your PIN, check your balance and transactions, set up direct debits, carry out balance transfers and much more. 
• Free 24 hour worldwide Customer Satisfaction Helpline - wherever you are, whenever you need them, MBNA Customer Satisfaction Representatives are just a Freephone call away.

Who can apply?

Anyone who is a UK resident aged 18 or over. We recommend you have your salary, banking and employment address details to hand to avoid any delays in applying.

Credit Card Application Process?

The MBNA online application form takes a five minutes to complete with an easy step by step instructions and as you would expect secure website protection, make sure you have all the details with you as the application will ask you your personal details, details about your work, what type of card you want and finally confirm the legal, terms and conditions.

If you apply online between the hours of 8am-8pm Monday to Thursday, 8am-5pm on Friday you could get an instant decision. For all other applications you should hear from us within 7-10 working days.

What are the benefits of a MBNA Platinum Card?

• MBNA offer great rates. 
• 0% p.a. on balance transfers until July 2009. 
• 0% p.a. on card purchases until Sept 2008 . 
• Typical rate 15.9% APR (variable) 

What are the credit card charge rates?

Card issue fee               Free
Typical APR Rate         Typical 15.9% APR variable.
Intro Offers               0% p.a. on balance transfers until your statement date in July 2009.
Annual renewal fee            Free

Default Charges?

£12 for going overlimit, making late payments and for returned payments.

What is the minimum payment I need to make each month?

If the balance shown on your statement is £25 or less, it will be the total amount of the statement balance; or if the balance shown on your statement is more than £25 , it will be whichever is the least of 3 % of the statement balance or the total of any Payment Protection Cover charges, interest, handling fees and default charges plus £5, provided that it will always be at least £25 .

Repayment Plan option?

Let MBNA take care of your MBNA credit card repayments if you're off work due to accident, sickness, involuntary unemployment or become a carer. For 79p per £100 of your statement balance (inclusive of Insurance Premium Tax and including your insurance premium), we could safeguard your repayments against life's unpredictable events. Plus life cover, up to £30,000, is also included.

Where do i make a Complaint?

If you would like to make a complaint, please write to us at MBNA Europe Bank Limited, PO Box 1004, Chester Business Park, Wrexham Road, Chester CH4 9WW.
We have procedures in place which will make sure we handle your complaint fairly and quickly. However, if you are not satisfied with the outcome of your complaint, you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR.

Please contact MBNA customer satisfaction line – Freephone 0800 062 062
If you are phoning from overseas, please reverse the charges to – +44 1244 672 111

Your right to cancel?

Once you have signed, you will have for a short time a right to cancel this agreement. You can do this by sending or taking a WRITTEN notice of cancellation to MBNA Europe Bank Limited, PO Box 1004, Chester Business Park, Wrexham Road, Chester CH4 9WW.
If you cancel this agreement, you will still have to repay any money lent to you. But if you repay all of it before your first payment is due, you will not have to pay interest or other charges.

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Main Features

MBNA Platinum Plus Visa Card comes with a competitive APR and a substantial introductory offer on interest-free balance with Secure online application.

         
Issued By:
MBNA Europe Bank Limited is authorised and regulated by the Financial Services Authority and is entered on the FSA's Register ( www.fsa.gov.uk/register ) with FSA Register Number 204487. MBNA Europe Bank Limited is licensed to provide consumer credit by the Office of Fair Trading in the UK.

Disclaimer All credit card APRs, features, charges, benefits and other information listed by Compare Prepaid represent the most recent information available at the time of writing. Every effort is made to keep the site accurate, however we cannot guarantee that a credit card issuer has not increased or decreased one or more of the APRs or fees/charges associated with a particular card or changed its features, obligations or benefits. Please be sure to read the MBNA Platinim  Card agreement fully and carefully before making any agreement.