Balance Transfer 0% for 29 months with a 2.75% fee

MBNA Long 0% Balance Transfer Card

There are a lot of credit cards to choose from, which can make deciding on the ideal one for you a daunting process. This is why it is a good idea to compare credit card options, to ensure that you are getting one that ticks as many boxes as possible. The MBNA Long 0% Balance Transfer Card is a popular balance transfer credit card, offering introductory rates and an average APR to users. Though it’s not the ideal credit card for bad credit, it is often a good choice for those with good credit scores.

Who Can Apply For An MBNA Long 0% Balance Transfer Card?

There are always requirements to meet when it comes to applying for a credit card and the MBNA Long 0% Balance Transfer Card is no different. Firstly, you must be over the age of 18 and a UK resident. Anyone under the age of 18 will not be approved and anyone who is not a UK resident will not be approved. You also need to have a good credit score. As the MBNA Long 0% Balance Transfer Card is not a credit card for bad credit, a good credit rating is required. If you do have bad credit, opt for a credit card that is specifically aimed at those with bad credit. Other elements will also be taken into account before you are approved for the MBNA Long 0% Balance Transfer Card, such as your income and experience of using credit.

What Does The MBNA Long 0% Balance Transfer Card Offer?

• The MBNA Long 0% Balance Transfer Card has an APR of 20.9%, which is a lot lower than many other major credit cards. Though it’s by no means the lowest APR available, it’s definitely one of the better APR options.

• As a balance transfer credit card, the MBNA Long 0% Balance Transfer Card has a low rate introductory offer. It boasts a rate of 0% on balance transfers for 29 months with a 2.75% fee. To take advantage of this deal, you must transfer a balance within 60 days of opening the account. If you do not, the rate increases to 20.93% P.A. variable with a 5% fee. Though this introductory offer is for 29 months, the duration may depend on your personal circumstances. Financial history and credit experience may be taken into account.

• With the MBNA Long 0% Balance Transfer Card, you will receive a rate of 20.93% P.A. variable on purchases. This is a fairly standard rate for purchases and isn’t vastly different to that of many other credit cards.

As you can see, the MBNA Long 0% Balance Transfer Card has a lot to offer in terms of introductory offers and low rates. This is good news for anyone who is looking for a balance transfer credit card that won’t charge them above average rates for balance transfers and purchases.