Best MBNA Credit Cards America

MBNA Corporation is the parent company of MBNA America Bank, N.A., which is the United States division of MBNA Corporation, where initially, MBNA means Maryland Bank, N.A.

MBNA offers a variety of credit card that comprises business cards, reward credit cards and cards that allows you to transfer existing balances. Each of these cards is in link with an online account access which is protected by the customer’s security login. MBNA have created programs that would allow their customers to redeem rewards as their card holders use their cards. Rewards come in different offers such as flight tickets, hotel reservations, merchandise shopping and gift certificates. Another interesting offer that MBNA have made is giving 0% interest on balance transfers for a certain period of time and also 0% interest on your daily purchases. However, this 0% interest offer does not apply to all MNBA credit cards.

Now, let’s take a look to the credit cards that MBNA Canada offers.

Good Credit – Excellent Credit

MBNA credit cards are categorized into different areas depending on the credit card applicant’s choice and need. It also depends on the way the customer is going to use your credit card. The areas that are offered by the company are the following: Travel rewards, automotive rewards, Specialty rewards and MBNA rewards.

CARRY A BALANCE - LOW INTEREST CHARGES

We might have to use our credit card in all our transactions, right? May it be expenses in our groceries, gas, healthcare and all of those we have to spend on, some of us use our credit cards in those dealings. For the person who is a big spender and spends a lot, then the GOLD MBNA Credit Card is perfect for you. Credit card issuers show the gold credit card as one of the finest cards that a client can have. It creates a status symbol that tells something about you, who in reality says that, what you are earning either on your job, your business or the endeavor you are in makes you earn more than the national average wage. Issuers consider you as better compared to the average credit risk.

A gold credit card have great features compared to those ordinary one since it has a higher credit limit and allows you to draw more cash out on a daily basis. With your gold credit card, rewards are easier to redeem since point you accumulate usually doubles depending of the policy of the reward programs. But definitely, you have the edge compared to those ordinary cards especially with the promos where insurances are given free but requires you to pay annual fee.

The MBNA Gold Credit Card

This credit card has a credit line of up to $50,000 with supreme 24/7 customer service that allow you to ask, inquire or just simply needing a help with the company. Annual fee are waived for this type of card compared to those ordinary credit cards. In time of cash access is utilized, you can avail it at 430,000 ABMs worldwide which means it’s very convenient for the user. Regarding with purchase assurance and other valuable, there is no risk and difficulty as it offers almost everything.

• Annual interest rates:
o Purchases: 9.99%.
Balance transfers (including cheque cash advances): 9.99%.
Cash advances (including cash equivalents): 9.99%.
• Interest-free grace period: 21 days.
• Account fees:
o Over the credit limit: $35.00 per billing cycle
o Returned payment: $20.00 per occurrence
o Returned cheque cash advance: $20.00 per occurrence
o Extra copy of monthly statement or sales draft: $2.50
o Inactive credit balance: If your account is inactive and has a credit balance, we will charge you annually the lesser of: (1) the credit balance; or (2) $25
• Transaction fees:
o Cash advance (including automated teller machine and over the counter advances): 1% of amount advanced (minimum fee of $7.50)
o Balance transfer (including cheque cash advances): 1% of amount transferred or advanced (minimum fee of $7.50)
o Cash equivalents: 1% of amount purchased (minimum fee of $7.50)
o Wire transfer: 1% of wire purchase amount (minimum fee of $7.50)

The MBNA Platinum Plus credit card

This credit card has a generous amount of credit limit reaching $100,000. It comes along with a no annual fee charge and has a round-the-clock customer service access. Concerning with security, the card has a fraud protection that is online 24/7 which mean you wealth is very much secure. An online access of your account is available where you can see how you have used your card and what purchases or transactions you have deal with. 1.99% introductory annual interest rate on Cheque Cash Advances and Balance Transfers for 10 months is charged by the company. What is more amazing with this card is that it is internationally accepted to millions of location around the world which mean less hassle but great value.

• Annual interest rates:
o Purchases: 17.99%.
Balance transfers (including cheque cash advances): 19.99%.
Cash advances (including cash equivalents): 19.99%.
• Interest-free grace period: 21 days.
• Account fees:
o Over the credit limit: $35.00 per billing cycle
o Returned payment: $20.00 per occurrence
o Returned cheque cash advance: $20.00 per occurrence
o Extra copy of monthly statement or sales draft: $2.50
o Inactive credit balance: If your account is inactive and has a credit balance, we will charge you annually the lesser of: (1) the credit balance; or (2) $25
• Transaction fees:
o Cash advance (including automated teller machine and over the counter advances): 1% of amount advanced (minimum fee of $7.50)
o Balance transfer (including cheque cash advances): 1% of amount transferred or advanced (minimum fee of $7.50)
o Cash equivalents: 1% of amount purchased (minimum fee of $7.50)
o Wire transfer: 1% of wire purchase amount (minimum fee of $7.50)

DOESN'T CARRY A BALANCE - REWARDS CARDS

Card users that use their credit card for convenience usually settle the payment of their cards every end of a month. Once they have paid their credit balance, they are able to receive a lot of rewards compared on the amount of usage they have made with their cards. They are keeping on collecting points and redeem rewards as much as they want. But this usually depends on the amount of accumulated points the card users have gained and collected.

When spending much with you rewards card, it then comes with an annual fee depending on the company. Sometimes companies waived these annual fees but this is done when the card holder pays off the balance regularly every end of the month or when you are able to reach your credit limit with you purchases. You must be aware of the cards that offer less annual fees or no annual fees at all.

MBNA WorldPoints Rewards MasterCard

This rewards credit card has been the most rewarding MasterCard as it gives you instant 1.000 world points as an introductory reward. With that, you can avail right away of its offered rewards even without using or earning points yet with your card. You have just simply got a card and receive a reward in return.

This rewards credit card has a lot of features to get to know too. Here is the list of its card features:
• You easily Earn 1 world point for every dollar you have spent.
• With your first qualifying transaction, you can instantly earn 1,000 bonus WorldPoints.
• Once you reach a certain number of point, you can redeem WorldPoints rewards either of your choice whether spend it for travel or for merchandise or both at the same time.
• Redemption level is at 1,000 WorldPoints which mean that the moment you got the card with the instant 1,000 WorldPoints, you can avail a certain reward equivalent of the points you have
• Annual fee is cheap compared to other rewards cards which are only at $29.

MBNA PremierRewards® Platinum Plus® MasterCard®

A rewards credit card that pays you back with what you have spent for. It allows its customer to make their dollar spent to go as far as possible. This means that this company allows their card holders to enjoy the rewards they have prepared especially to those clients who spent much using their card and accumulate numerous points. It could be then exchange with surprisingly great items or merchandise. It can even become certificate for groceries, gas or for shopping.

Check on the features of this rewards credit card and compare to which features and offers you are fascinated on. Here are its features:
• As commonly offered by rewards credit card. This card has No Annual Fee as well.
• 1% back on all net retail purchases when buying merchandise or any transactions that you have used your rewards card.
• There is a yearly automatic rewards crediting in your account once you have availed with their promos especially those that are offered in the company’s website.
• Regarding with points, there is an enticing policy of No spending limits or earning limits. Customers can earn points as much as they can and redeem rewards equivalent to their accumulated points.
• There is Exclusive platinum benefits and peace of mind for the card holder that provides less risks and hassle.
• Booming credit limit of up to 100,000 is offered by the card issuer giving the customer a wider range to spend on their credits.
• Customer service is always present 24/7 for any inquiries or problems that these card holders may encounter when using their credit cards.

MBNA TravelRewards Platinum MasterCard

With MBNA TravelRewards credit card, everything you want and nothing you don’t. This is how this card works. It allows its client to enjoy everything they offer. In their rewards program, points are earned in every dollar spent in net retail prices. This is just one of the features of MBNA TravelRewards Platinum MasterCard.

To mention all its features, try to check and evaluate the number of feature the card consist of:
• When purchasing, the amount of dollar you spent will also be the number of point you get. In other words, $1 is equals to I TravelRewards point.
• When having your first qualifying transaction, 5,000 TravelRewards point will be instantly given on your account.
• Anniversary date is always celebrated yearly and its client gets to enjoy a gift of 2,500 bonus points.
• Choose from the 75 airlines to which you prefer to use your travel rewards as exchange of your TravelRewards points. No blackouts.
• Enchant yourself with the Platinum card benefits that the company offers.
• Competitive annual fee of $89 charged but could be waived for being a good credit payer on your balances.
• Credit limit reaches up to $100,000 as an allowable credit to be spent and used by the card users.
• Fraud protection is present at all times making less hassles and burden on the customers.
• 24/7 customer service offered through online by logging in to your secure account.
• Stolen, lost or damage cards are quickly replaced in just a 48 hour waiting period. Additional cards are allowed and offered by the company for the convenience of the clients.
• Immediate cash access of $430,000 ABMs worldwide for this card and is widely recognized and accepted on more than millions of location around the globe.

Articles from February 2011
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