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TheStreet Open House

MBNA Brings "More Rewards" To UK Consumers

Stocks in this article: BAC

CHESTER, England, February 28, 2013 /PRNewswire/ --

MBNA launches "More Rewards Credit Card Account" for eligible new customers

New dual card reward offer with low APR developed in response to consumer feedback

Around 35,000 redemption options available on new-look MBNA rewards platform

Rewards are the single most important factor when consumers are looking for a new credit card, consumer research commissioned by MBNA suggests.

To view the Multimedia News Release, please click:

http://www.multivu.com/mnr/58700-mbna

A total of 29 percent of consumers surveyed highlighted rewards - including reward points - as the key element they look for when searching the market for a new credit card, followed by a low annual percentage rate (APR), highlighted by 13 percent of those surveyed. [ 1 ]

The findings come as MBNA launches the new MBNA More Rewards Credit Card Account, offering new customers two cards on one account and huge reward earning potential on all of their spending. It comes with a market-leading representative rate for reward cards of 12.9 percent APR (variable) and is available now on MBNA's website http://www.mbna.co.uk, as well as most comparison websites.

Michael Donald, MBNA's Business Development and Marketing executive, said: "MBNA More Rewards offers new customers the opportunity to get something back on all of their spending. Unlike many other loyalty credit card programmes, there is no limit on the amount of points customers can earn, or the type of spending that will earn them points."

MBNA More Rewards offers customers successfully applying for the account one credit limit and two contactless-enabled credit cards - an MBNA More Rewards American Express® credit card and an MBNA More Rewards Visa credit card - enabling them to earn rewards any time they spend on the cards virtually anywhere in the world.

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