MBNA International Bank

Newest Review: ... But watch out- bear the following in mind: 1- Interest- MBNA have not got the most extortionate interest rate but they ain't exactly the cheapest. 2- If you run up a big balance, and MBNA will be keen to up your limit if you don't use the card much, and you have payment protection, your minimum monthly repayment will NOT cover interest and the protection premium. 3- If you have £3000 on your balance and pay it off by the minimum every month, it will take you 37 years to pay off! 4- If you run into financial difficulties, MBNA can be swift to take action, but that isn't necessarily a bad thing. Think carefully before... more

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Express Review on MBNA International Bank
by - written on 28/11/01
Rating:

could not do with out the bank - Advantages: ease of access - Disadvantages: not able to give upto date information strateaway

The 37 year itch! (171 words)
by - written on 18/04/01 (Useful, 290 readings)
Rating:

It looks great doesn't it. If you are one of those folks who doesn't pay off their total credit card balance in full, you see that MBNA only takes out 2% minimum payment- whooppeee! But watch out- bear the following in mind: 1- Interest- MBNA have not got the most extortionate interest rate but they ain't exactly the cheapest. 2- If you run up a big balance, and MBNA will be keen to up your limit if you don't use the card much, and you have payment protection, your minimum monthly repayment will NOT cover interest and the protection premium. 3- If you have £3000 on your balance and pay it off by the minimum every month, it will ... Read the complete review

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