HELP! MBNA Credit Card anyone???

lonsam

I was going to apply for the Sainsburys credit card as this seems quite good and I do have a nectar card, which the points will go straight onto I understand, thus I went home to ring up and apply, but then I came across the MBNA credit card the other day and it choose the platinium plus reward card for me as I would prefer one that pays good rewards to spend towards Theatre outings, shopping etc and this one does look good on the site and says it gives rewards i.e points you can spend anywhere:beer: , but I tried to phone up to query a few things and I came to a dead end, but the man on the other end did tell me card transactions i.e paying off the credit card with a debit card, couldn't be made over the phone I thought they all did that, anyway when I looked online they say they charge 0% interest on purchase but only untill July 2009, does this mean they charge an extortionate amount after that?

Thus I am asking has anyone got an MBNA credit card especially the one I described with rewards, that could clear the above question up for me or give me some more information on this card?

Please leave your advice it would be greatly appreciated?

Sammyg

lonsam

Well I've applied for the MBNA Rewards Credit Card, as this one seems really the best for my needs, I still would like to hear from anyone who has owned an MBNA Cards especially the MBNA Rewards card, is it really as good as it sounds, thus please reply if you have this card?

jenhugs

Do you work for MBNA? LOL

Moggles_2

Card transactions, i.e paying off the credit card with a debit card, couldn't be made over the phone. I thought they all did that.

Card companies vary in this respect, as with everything else. MBNA has excellent online services and most users find it convenient to pay online

Moggles_2

They charge 0% interest on purchases, but only until July 2009. Does this mean they charge an extortionate amount after that?

When your 0% introductory rate ends in July, your interest rate will revert to your standard rate - whatever that happens to be - which is variable. This means MBNA could decide to raise the rate at any time.

That said, if you always settle the balance in full by the payment due date, the interest rate is somewhat irrelevant. The crucial point with rewards cards is to settle the statemented balance in full and on time each month, otherwise any rewards earned are wiped out by interest charges.

Moggles_2

I would like to hear from anyone who has owned an MBNA Card especially the MBNA Rewards card.

I have held three MBNA cards and find this lender very efficient.

I do not have a rewards card, because I prefer cashback. The difficulty with all these rewards schemes is that it's quite hard to calculate their true value.

lonsam

No Jenhugs, I know it seems like it, me banging on about MBNA, but I just had a look at credit cards that offer rewards, as I have a Abbey Zero card but seem as I seem to be spending quite a bit with it I though I might as well get one that offers rewards, someone mentioned MBNA, which I have never heard off and so I just phoned them to query some things I saw online.

Thanks Moggles x, I got the wrong card there as she recommended the MBA Platinium Reward card and not the Platinium Plus, which I originally first thought, as thats the one with the 0% interest untill July 2009, she told me the one I have applied for is 0% interest for 12 months and 0% on purchases for 3 months and they send you a catalogue informing you how you can collect your rewards, and that I would be getting a email stating the terms and conditions so I can read at my leisure and if happy tick to agree or viceversa.

SammyG

jenhugs

Sammy have you looked at this site
https://wwwa.managerewardsonline.com/RMSapp/Ctl/entry?pid=ukwprwd
This is where you will get the information regarding how many points you have your card and how you can redeem them. You get 1 point for every pound you spend.

Definately worth having as long as you clear it every month after the interest free period is up. You maze well get something for nothing, but be disciplined clear the balance so you don't incurr any interest.

Hope this helps .

lonsam

jenhugs wrote: »

Sammy have you looked at this site
https://wwwa.managerewardsonline.com/RMSapp/Ctl/entry?pid=ukwprwd
This is where you will get the information regarding how many points you have your card and how you can redeem them. You get 1 point for every pound you spend.

Definately worth having as long as you clear it every month after the interest free period is up. You maze well get something for nothing, but be disciplined clear the balance so you don't incurr any interest.

Hope this helps .

Thanks jenhugs:beer: I've put that in my favs as that will come in useful.