Lloyds or MBNA Rewards Card

Organist

I'm trying without success to work out whether the Lloyds Bank Choice Rewards Credit Card or the MBNA More Rewards Credit Card Account offers the best rewards. Has anyone been able to work out which is the best reward card assuming you pay off the balance each month. Thanks

mcmaze

Lloyds Choice:
Pros: higher efficient rewards value for Amex 1.5% for vouchers and 1% for cashback, additional mastercard, 6 months double point offer, 0% purchase for 13 months and 0% balance transfer for 16 months
Cons: £24 annual fee, higher APR 17.9%, lower rewards value on the mastercard 0.3%

MBNA Rewards:
Pros: No annual fee, higher rewards value on the Visa card where amex is not accepted 0.5%, lower APR 12.9%
Cons: lower amex rewards 1%, only 3 months double points introductory offer, no money cashback offers, no 0% interest offers

Both cards give decent limits, MBNA tend to give slightly higher limits. If you are planing to spend more than £4,800 on your amex, the difference in the earned by lloyds will cover the £24 annual fee

Personally i decided to go to the lloyds choice one and I'm quiet happy with it