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MBNA Annual Charge to be introduced
CIS
Posts: 12,260 Forumite
in Credit cards
MBNA are to introduce an annual fee of betwee £15 and £25.
Link here
http://www.dailymail.co.uk/pages/live/articles/money/money.html?in_article_id=364616&in_page_id=1804
Link here
http://www.dailymail.co.uk/pages/live/articles/money/money.html?in_article_id=364616&in_page_id=1804
I no longer work in Council Tax Recovery but instead work as a specialist Council Tax paralegal assisting landlords and Council Tax payers with council tax disputes and valuation tribunals. My views are my own reading of the law and you should always check with the local authority in question.
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Comments
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ORAL EVIDENCE
P.S.C HEARING 30 SEPTEMBER 2004
Quote,
MBNA points out that it's card offering in 1993 had no annual fee - a move that had led to widesspread changes in the U.K market, in answer to a question suggesting that a pricing model with annual fees might be a fairer way to share out costs than the present model funded mainly by those paying interest MBNA commented that annual fees had not been a key feature in the U.K credit card market for a number of years and was unlikely to be acceptible to customers.0
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