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MBNA Enhances Breakthrough Breast Cancer Credit Card Offer

CHESTER, England, March 21, 2014 /PRNewswire/ --

Balance transfer period on Breakthrough Breast Cancer Credit Card extended to up to 24 months;

Breakthrough Breast Cancer bids to build on £1.83 million milestone

Charity credit card provider of the year* MBNA and Breakthrough Breast Cancer have extended the balance transfer offer on the Breakthrough Breast Cancer Credit Card for eligible new customers.

     (Photo: http://photos.prnewswire.com/prnh/20140321/675524 )

The Breakthrough Breast Cancer Credit Card from MBNA, which has helped raise more than £1.83million for the charity since the relationship began in 2003, now offers eligible new customers zero percent interest on balance transfers and money transfers for up to 24 months from the account opening date* - up from 12 months previously.

The offer applies to transfers made within the first 90 days (a 2.99 percent handling fee applies to balance transfers and a 4.00 percent fee applies to money transfers), and the card also offers zero percent interest on purchases made in the first three months of account opening.

The new Breakthrough Breast Cancer Credit Card from MBNA is available for consumers to apply for now at http://www.breakthrough.org.uk/support-us/donate-now-and-save-lives/breakthrough-credit-card.

When Breakthrough Breast Cancer Credit Card customers open an account and use their card within the first 90 days - at no cost to them - MBNA will pay Breakthrough Breast Cancer up to £40, plus £2 for every year a customer uses their card and 25p for every £100 spent by customers on card purchases.

"Thanks to the support of Breakthrough Breast Cancer Credit Card customers over the last 11 years, the charity has been able to raise a fantastic sum of £1.83million," said Michael Donald, Marketing and Commercial executive for MBNA. "We really want to enable the charity to continue to build on this important source of revenue."

"MBNA remains one of the UK's leading co-branded credit card providers with tens of thousands of charity credit cards in the UK market, and we take great pride in the fact that, through these relationships, we have enabled charity supporters to contribute millions of pounds to a range of national charities," added Donald.

Charity credit cards help consumers regularly give to charity - it is done automatically and at no extra cost, and the chosen charity benefits every time a customer uses the card for purchases.

Representative example 18.9% p.a. variable on card purchases. This is equivalent to 18.9% APR representative variable based on a credit limit of £1200.

* MBNA named charity credit card provider of the year in the Moneynet Personal Finance Awards 2014 - http://www.moneynet.co.uk/awards-2014 

Credit is available, subject to status, only to UK residents aged 18 or over. Calls may be monitored and/or recorded for quality and training purposes and for compliance with regulations.

Picture Caption: The Breakthrough Breast Cancer Credit Card

About MBNA Limited:

MBNA Limited is a wholly owned subsidiary of Bank of America Corporation (NYSE: BAC). For more information, visit the company's website at http://www.mbna.co.uk.

Editor and supplementary notes:

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. Any consumer interested in learning more about this product should visit http://www.mbna.co.uk for full terms and conditions.

 

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