MBNA Launches new "Everyday" Credit Card

                   MBNA Launches new "Everyday" Credit Card

  PR Newswire

  CHESTER, England, October 4, 2012

CHESTER, England, October 4, 2012 /PRNewswire/ --

 Card offers zero per cent interest for seven months on all card purchases A
                           low APR of 11.9 per cent

17 months at zero per cent on balance transfers made within 60 days, with low
                               two per cent fee

MBNA has launched a new credit card offering consumers an all-in-one solution
to their everyday spending and debt consolidation needs.

 (Photo: http://photos.prnewswire.com/prnh/20121004/567220 )

MBNA's new "Everyday" credit card comes with a seven-month, zero per cent
interest promotion for card purchases; a low annual percentage rate (APR) and
a long balance transfer promotion with one of the lowest handling fees in the
UK market.

"This is without doubt one of the most comprehensive all round credit cards
we've ever brought to market," said Thomas Rebel, Product Marketing executive
for MBNA. "It offers a convenient solution for everyone who wants to take
advantage of a low APR and great promotional offers and low fees. Plus, what
you see is what you get. We won't offer different rates to anyone who is
accepted for this product."

The Everyday credit card from MBNA offers zero per cent interest for seven
months on card purchases and comes with a low standard rate of 11.9 per cent
on card purchases.

The Everyday credit card also offers zero per cent interest for 17 months on
all balance transfers made within 60 days of opening an account. The offer
comes with a low handling fee for balance transfers of two per cent.

"We're creating new products that differentiate MBNA in the credit card market
and we're committed to giving more value back to consumers. The new Everyday
credit card is a great example of that," Mr Rebel added. "The Everyday credit
card offers very competitive rates and promotional offers right across the
board because we want people to consider MBNA credit cards when they are
deciding on a card to suit their needs."

The Everyday credit card from MBNA is contactless-enabled (click here to learn
more).

Representative example 11.9% p.a. variable on card purchases. This is
equivalent to 11.9% APR representative variable based on a credit limit of
£1200.

About MBNA Europe Bank

MBNA Europe 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 or Bank of America's website at
http://www.bankofamerica.com .

Editor and supplementary notes:

The information contained in MBNA Europe's press releases is intended solely
for journalists and should not be used by consumers to make financial
decisions. Any consumer interested in finding out more about any of MBNA
Europe's products should visit http://www.mbna.co.uk for full terms and
conditions.

Contact: For further information, contact: Gary Jenkins, Corporate
Communications, Bank of America Europe Card Services, Tel: +44(0)1244-574136,
Email: gary.jenkins@mbna.com
 
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