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New Chelsea FC Credit Card for UK Fans

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CHESTER, England, January 16, 2013 /PRNewswire/ --

Chelsea Football Club has announced a new and improved Chelsea FC credit card in association with MBNA.

     (Photo: http://photos.prnewswire.com/prnh/20130116/588847 )

The Chelsea FC credit card, available to UK-based fans, has been launched as part of a renewed five-year credit card partnership with MBNA and offers eligible new customers 16 months at zero per cent interest on balance transfers and three months at zero per cent on purchases*.

As an extra incentive for Chelsea supporters, the card also offers a free replica home shirt for fans who successfully apply for the new credit card and make a £200 financial transaction on their card within 90 days of their account being opened.

Ron Gourlay, Chelsea FC's chief executive, said: "Over the years, we have forged a close, successful relationship with MBNA and, together, we have developed a competitive credit card programme for our supporters in the UK. 

"We look forward to another five years with MBNA and to continuing to provide quality products for our supporters. This is a unique opportunity for UK-based fans and helps to support the development of Chelsea FC's future stars."

Michael Donald, MBNA's Business Development and Commercial executive, added: "We are delighted to renew our partnership with Chelsea FC - a strong, successful brand known the world over. This announcement - and the launch of this new offer for fans - is a powerful indication of the strength of our affinity business model, our leadership in the football credit card market in the UK and the trust Chelsea FC and other organisations have with MBNA."

The card also offers fans club-based rewards, where for every pound spent, supporters receive one point which can be redeemed for official Chelsea merchandise.

In place since 2002, the Chelsea credit card partnership is one of MBNA's most successful, with thousands of fans in the UK already holding a credit card bearing the club colours and badge.  

* Terms apply. Full details of these offers are available on the website and within customer's terms and conditions. The Chelsea FC credit card now offers new customers successfully applying for the card zero per cent on balance transfers for 16 months (three per cent handling fee applies) - up from 12 months previously - as long as it is made in the first 90 days of the account opening. It also includes zero per cent on card purchases for three months from the date an account is opened. 

Representative example 16.9% p.a. variable on card purchases. This is equivalent to 16.9% APR representative variable based on a credit limit of £1200.

Picture Caption: Chelsea FC stars launch improved Chelsea FC credit card offer for new customers

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 any of this product should visit http://www.mbna.co.uk for full terms and conditions.

SOURCE MBNA Limited



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