Pros and Cons of the MBNA Purchase Credit Card


Looking for a credit card that can help you spread the cost of your large expenditures? How about one that guarantees easy payment?

With the MBNA Purchase Credit Card, you can now enjoy this kind of perk and many more.

Read on to know more about this credit card.

MBNA Purchase Credit Card Features

The MBNA Purchase Credit Card promises a broad range of promising features. By availing the said card, you can keep a strict track on your card using mobile and online devices. It also enables you to contact the bank’s call center anytime, anywhere, if you have any inquiry about the card.

As a bonus, the card also doesn’t hold you liable in case of transactions that are proven to be fraudulent, so long as you inform the bank immediately in the event of any unusual transaction or missing card.

MBNA Purchase Credit Card APR, Interest Rate & Fees

The MBNA Purchase Credit Card offers no annual or monthly fee to users. However, the card requires a 20.9% representative APR, a 2.69% for 2 months reverting to 5% for Balance Transfer fees, and a 4% for 12 months reverting to 5% for Money transfer fees.

In case of late payments, the bank will charge you with £12 as late payment fee. It also requires £12 in fees for exceeding the limit.

MBNA Purchase Credit Card Pros

Aside from its easy payment options, the MBNA Purchase Credit Card also features a number of other advantages. This includes 0% promotional offers on card purchases that could help you strategically distribute the cost of your large expenditures.

The card also requires no replacement card fee and a zero per cent dormancy fee.

MBNA Purchase Credit Card Cons

One disadvantage that comes with the MBNA Purchase Credit Card is that it requires a balance transfer fee of 2.69% for 2 months, reverting to 5%, making it a little bit difficult for users to transfer balances to other cards or move money to their bank account whenever they need to.

MBNA Purchase Credit Card Eligibility

In order to apply, the MBNA requires that you must be a UK resident, aged 18 or above, have a regular annual income, should not be unemployed or a student, and must be free of County Court Judgements (CCJs), Individual Voluntary Agreements (IVAs), or bankruptcies.

The bank also requires that you provide your main bank account number and sort code.

MBNA Purchase Credit Card Application Process

To start your application, you can simply visit the official MBNA website and login to your account. You can also choose to visit the nearest MBNA branch in your area and bring the required documents for the application.

MBNA Purchase Credit Card Limit

Once your application has been approved, you will be given a minimum credit limit depending on your creditworthiness.

MBNA Purchase Credit Card Contact Information

If you have any inquiry, you can get in touch with the bank through 03456 062 062 (or +44 1244 659 005 from outside the UK). They can also be reached at 0330 678 1430 (8am-10pm 7 days a week) when your inquiry concerns loans.

What Next?

Overall, the MBNA Purchase Credit Card features a number of benefits you should definitely check out. Aside from its zero per cent long promotional offers on card purchases, the card also enables you to keep track of your credit transactions through mobile and online platforms.

Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.