MBNA

Over the years, my husband and I have held a fair few credit cards and loans from varying financial institutions. We took out an MBNA visa credit card to take advantage of a 0% balance transfer promotion, about 8 or 9 years ago, and were given a significant credit balance. Application back then took place on the internet, and as this was in the days when credit was much easier to come by, it did not matter that we already had a significant amount of debt - the credit was thrown at us. It all seemed very attractive at the time - 0% interest, plus a payment each month of just £5. MBNA worked then on a "minimum payment" basis of ...  Read the complete review

I have had my MBNA Credit card for almost 2 years and never had a problem with it until recently. I had done a lot of spending on the account, and when I received my monthly statement, I looked at the front of it, saw the amount and paid it. the next month there was interest added to my account. Upon closer inspection, it appeared that I had not paid the amount in full the previous month. So I checked my last statement and found that it continued overleaf. It only showed the first couple of items being billed on the first page, despite there being a lot of space underneath. I feel that MBNA do this on purpose knowing that most other ...  Read the complete review

MBNA Credit cards appears to be a very good if you play the credit card game. I have had a credit card since the age of 18 and never paid interest yet. MBNA is great for people like me who play the game but awful for people who do unfortunately fall foul of the free money they offer. If you are strict with your finances, have a decent salary then this card is for you take out the free 15 months offer with them transfer all existing debt with other providers onto this card it is fast and simple you can do it during the application stage or after online/over the phone. Every time I have rang customer service they have been helpful and offered me new deals to stay with them ...  Read the complete review

I WAS an MBNA customer for a few years. I got into some financial difficulties and they were pathetic with the help they offered. I also cleared my account in full, returned my card to them and put in writing to close the account......They are now looking for a further £1300 as they say it wasn't paid.....I have supplied my cheque number and when they cashed the cheque! Strange company, and after my own experiences with the company would not recommend this credit card to anyone, especially if your not in a position to pay your balance in full each month, which lets be honest, not many people can these day. They are good at enticing you with 0% transfers and 0% ...  Read the complete review

I applied for an mbna card about a year ago tempted by the o% interest free offer for a year. I have a good job with a good salary and my credit limit was upped very quickly to a ridiculous amount. Now i think of myself as a reasonably intelligent person but never really gave a thought to the interest rate that would be applied when the interest free period was up. As so often happens in life my finances became less strong and for reasons which I wont bore you with I ended up with large balance at the end of the interest free period and with no ablility to pay off the balance at the present time other than to continue to pay in installments. I assumed the interest rate ...  Read the complete review