CHESTER, England, March 21, 2014 /PRNewswire/ --
Balance transfer period on British Heart Foundation Credit Card extended to up to 24 months
Charity credit card provider of the year* MBNA and the British Heart Foundation have extended the balance transfer offer on the British Heart Foundation Credit Card for eligible new customers.
The British Heart Foundation Credit Card, powered by MBNA for more than 11 years, 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 British Heart Foundation Credit Card from MBNA is available for consumers to apply for now at https://www.bhf.org.uk/get-involved/donate/other-ways-to-donate/bhf-credit-card.aspx.
When British Heart Foundation Credit Card customers open an account and use their card within the first 90 days - at no cost to them - MBNA will pay the British Heart Foundation up to £50, plus 35p for every £100 spent by customers on card purchases.
"We are delighted to have been the power behind the British Heart Foundation Credit Card for more than 11 years, and to enable customers to continue to raise important funds for such a vital charity", said Michael Donald, Marketing and Commercial executive for MBNA.
"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 British Heart Foundation 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.
SOURCE MBNA Limited