MBNA Bank – Discover Why to Apply a Credit Card

For most people, owning a credit card means getting perks and benefits that other cardholders do not have access to. This gives them an edge as they not only take advantage of the convenience and features have to offer, but as well as exclusive perks and offers.

A type of credit card that comes jam-packed with features and benefits is the option that offers rewards. MBNA’s Platinum Visa Credit Card is a great choice for this. This MBNA Bank Credit Card comes with an earning and redemption program that I can work to my advantage.


Those who are interested in getting this credit card should take a look at what it has to offer, as well as the different details and requirements that come with it. Want to know more? Let me give you some of the most important info through the following points.

  • Learn About the MBNA Bank Credit Card
  • Features and Benefits of the MBNA Credit Card
  • How to Apply for the MBNA Credit Card
  • Fees and Rates of the MBNA Credit Card
  • How to Effectively Manage the MBNA Credit Card
MBNA Bank - Discover Why to Apply a Credit Card
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Learn About the MBNA Bank Credit Card

This credit card offered by MBNA Bank comes with lots of perks, advantages, and offers through its rewards system. In fact, this is the main feature of the MBNA Smart Rewards Credit Card. It lets me earn while I spend, so I can use my earnings for more benefits.

MBNA Bank - Discover Why to Apply a Credit Card
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Earning is very easy. I just need to use my card for any purchase I make. This way, I can get a percentage of the amount back whenever I make purchase transactions. With enough points, I can redeem exclusive offers.

It is important to remember that the Platinum Visa Credit Card only lets cardholders earn through purchases. This means that I will not be able to get reward points for balance transfers, cash withdrawals, money transfers, and other similar transactions. 

Another thing to keep in mind is that users need to pay dues on time and spend only within the credit limit. Should I go over the due date or the credit limit, any promos that I can enjoy will be gone. So, this is an important point to remember for those intending to take full advantage of their card.

Reasons to Get an MBNA Bank Credit Card

This MBNA Bank Credit Card has a lot to offer, the most important of which is the convenience and peace of mind it offers.

Another great reason to get this card is the fact that it is just so rewarding to do so. It gives me tons of opportunities to earn, making it one of the most flexible cards out there.

Features and Benefits of the MBNA Credit Card

To earn reward points, all I need to do is make a purchase. I do not have to worry about memorizing percentage schemes of different types of spending categories. This card instead rewards 0.25% cashback on different kinds of eligible transactions for the first 36 months. 

MBNA Bank - Discover Why to Apply a Credit Card
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What I want to emphasize aside from the fact that I can only earn through purchases is that cashback is not convertible to cash and cannot be used as payment for balances. 

Aside from this, the card also comes with a reasonable interest rate that helps me make significant purchases without worrying about paying extra. The key is paying my dues on time to avoid paying interest.

For those wanting to save a few bucks, this credit card is also a good choice because it does not impose foreign exchange fees within the first 12 months of account opening. 

Security and Safety

I often use my credit card for different types of transactions. This makes it very accessible and portable. I also do not have to worry about fraudulent activities as it comes equipped with security features that give me peace of mind.

The card comes with coverage for liabilities caused by fraudulent transactions. The only thing I need to do is to report any suspicious activities as soon as possible so that the bank can act on them. I can also register for text alerts to always stay updated on any transactions made with the card.

How to Apply for the MBNA Credit Card

This MBNA Credit Card makes it easy to apply online through the bank’s website. To start, I need to check my eligibility to see whether my application can be viable. The good news is using the eligiibility checker does not affect my credit score.

MBNA Bank - Discover Why to Apply a Credit Card
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I proceed with the application by filling out the form. Keep in mind that this will ask for information such as my name, date of birth, gender, marital status, citizenship, and many others. 

The eligibility checker on the website will provide applicants a decision in just five minutes. Using the eligibility checker likewise allows applicants to see their perspective and or estimated credit limit. 

Eligibility and Requirements

Individuals who are planning to apply for an MBNA Bank credit card, such as the Platinum Visa Credit Card, need to be at least 18 years of age when they apply. In addition to these, applicants also need to be living in the United Kingdom and be certified residents. 

MBNA Bank will also assess the personal circumstances of a person to determine whether or not they’ll be given a credit card. This may include considering their financial situation or employment details.

Besides these, applicants should be well aware that MBNA Bank is in charge of determining the interest rate they plan to levy on each person. This decision is largely dependent on the applicant’s credit score, financial well-being, and other aspects. 

Fees and Rates of the MBNA Credit Card

The MBNA Bank Platinum Visa Credit Card comes with certain fees and charges. In order to be financially ready and responsible, applicants and even cardholders alike need to familiarize themselves with these rates to become more aware of what they could face. 

MBNA Bank - Discover Why to Apply a Credit Card
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Learning more about the exact details of an MBNA Bank Credit Card gives individuals a clearer picture of the amounts and charges they could be given. Take a look at the MBNA Bank Platinum Visa Credit Card rates below. 

  • APR – representative 12.9% APR (variable), varies from 12.9% APR to 16.9% APR depending on individual circumstances
  • Interest Rates – ranges from 12.94% or 16.94%
  • Annual Fee – None
  • Cash Transaction Fee – 5% of the sterling value
  • Balance Transfer Fee – 5% of the amount transferred
  • Money Transfer Fee – 5% of the amount transferred
  • Non-sterling Transaction Fee – 2.95%
  • Cash Transaction Fee – 5%
  • Late Payment Charge – £12

What You Need to Remember

The MBNA Bank Platinum Visa Credit Card provides an interest-free period of a maximum of 56 days. This period is applicable not just on purchases, but also on cash transactions, as well as balance transfers and money transfers. 

After this particular period, however, the bank will already charge interest rates. When they do this, it is always best to pay the bank the minimum amount required. Those who are in a position to pay the full amount, however, should observe this to avoid incurring interest charges that can further increase the bill. 

For MBNA Bank and its Platinum Visa Credit Card, they usually ask no less than £25 for the minimum amount due. The amount levied on a user’s account can also take into consideration the interest charges on the statement, default charges, and 2.5% of the total balance owed. 

How to Effectively Manage the MBNA Credit Card

MBNA Bank has a dedicated mobile app for its users, making its online card services more accessible than ever to users even while they are on the go. The mobile app is available on Google Play and the App Store for Android and iOS users respectively. 

MBNA Bank - Discover Why to Apply a Credit Card
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The card services app in question makes it possible for cardholders to gain access to their Smart Rewards, allowing them to earn up to 15% cash back on everyday purchases and transactions. They can also use the app to make balances and money transfers. 

What’s great about the app is that it extends the ability for customers to easily reset and renew their PIN, as well as request a new credit card when needed. Cardholders can see all of their transactions, including their credit card bills, straight from the app itself. 

Apart from the mobile app, MBNA credit cards can also be managed via online banking and through in-store services and guidance from bank representatives.

Contacting MBNA 

Those who wish to reach out to MBNA may do so by contacting their registered office and making an appointment with their address located at Cawley House, Chester Business Park, Chester CH4 9FB. 

Meanwhile, those who want to speak with MBNA Bank over the phone may speak with their customer service representatives any time from 8 AM to 8 PM on Mondays to Sundays. They can call at 03456 062 062 from within the UK for any card-related queries they may have. 

The Bottom Line

The Platinum Visa Credit Card is one of the most rewarding options out there. Earning cashback is better with a secure card that offers reasonable interest rates.

Disclaimer: There are risks involved when applying for and using credit products. Ensure you consult the bank’s terms and conditions page before agreeing to anything.


Google Play

terms and conditionsMBNA: Error

MBNA Bank Credit CardMBNA: Error

App Store
‎MBNA Card Services App on the App Store