The MBNA card I think is a competitive card and I think that it is hard to beat - well that is my opinion. I have had another card before I got my MBNA one and the MBNA proved to be lot better in categories of better promotional rate, longer promotional period and competitive rate after promotional period. The promotional period I got on this card was 6 months at a rate of 0% for both purchases and transfers, so for 6 months I could put onto this credit card and pay no interest on it at all until after the 6 month period. Another good factor with this card is that they give you a good credit limit, I think that this is handy for that little emergency.
I feel that one clear problem to this card is the late payment charge. If you make a late payment no matter how small the period you will be imposed with a set fee of £18. You can contact MBNA customer services and explain your situation, it is at the operator's discretion whether you will be let away with it. So if you talk nice to them then you might get the opportunity of getting this fee took off your account.
The late payment charge is the only problem I have with this card though a late payment charge is common with most credit card companies. Other than this samll mishap I think that the card offers plently of useful features and overall is a decent card that should be considered by all who want a good interest arte with a sensible promotional period.
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Dec 3rd, 2002
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