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MBNA put up for sale

Bank of America is to exit the UK credit card market and has put its MBNA UK & Ireland division up for sale.

http://www.guardian.co.uk/business/2011/aug/16/mbna-jobs-risk-uk-ireland
Did you really mean to put loose?
Lose: no longer possess, not to retain, unable to find
Loose: not firmly or tightly fixed in place
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Comments

  • Rupert_Bear
    Rupert_Bear Posts: 1,305 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Very disappointed. They are fantastic for promo deals and purchases. I just hope they sale the business to a reputable company like Barclays.
  • Thanks for the link. They won't be missed by me after they reduced my credit limit from £15,900 to £1000 over a year ago :cool:
  • I've never had any dealings with them. They won't be missed.
  • ManicMum
    ManicMum Posts: 845 Forumite
    Ghastly company. Good riddance. Had nothing but trouble from them. They don't even know the law pertaining to their own industry.
  • jen245
    jen245 Posts: 1,606 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    They gave me no end of trouble when I had my Virgin card, I'll be glad to see the back of them :T
    Debt free and staying that way! :beer:
  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Oh pitty, had some very good deals and limits from them, money transfers too... :-((

    Barclaycard???? You are joking right???
  • Rupert_Bear
    Rupert_Bear Posts: 1,305 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 16 August 2011 at 11:50AM
    I have been with them for a very long time and never once have I experienced any problems. I suppose it could be because I studied carefully their terms and conditions or could it be just luck!

    Also just checked out my Barclaycard promo rates and the longest is 12 months at 0% and a few months ago I had 18 months as an existing customer. Again they have always been brilliant. I suppose it must be just luck!
  • Never had any problems,not santander please!
    I have a deep burning indifference
  • chattychappy
    chattychappy Posts: 7,302 Forumite
    Bad news. It will likely reduce choice.
  • If / when a takeover happens does this affect the current T's & C's to any existing deal?
This discussion has been closed.
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