MBNA Rewards credit card review – what are the benefits?

The MBNA Rewards credit card gives Reward points for all your retail spending. Having earnt the Rewards, there’s then many ways you can treat yourself, from holidays to high street shopping. We review this credit card to find out more.

MBNA has grown from a small credit card issuer into a leading financial service company. A key to their success is simply giving their customers what they want. As part of this, the Rewards Credit card is one of a number of specialist credit cards they offer – others include football credit cards and charity credit cards.

Use your MBNA Rewards credit card for your everyday spending, such as food, petrol and going out and receive 1 MBNA Reward point for every £1 you spend.

You can then use your Reward points to treat yourself with some travel, entertainment, shopping, wine or maybe some cash.

You can get an MBNA Rewards credit card online, it’s quick and it’s very easy.

For those who are fond of travelling, you will be glad to know that there are a wide variety of travel rewards available. You can use this service as your personal travel agency and exchange your reward points for an endless choice of holiday packages, flights, hotels and even car rentals. You can even pay for them partly in cash and partly in points.

You can also get home entertainment products with your reward points, from DVD players to television sets – your family will definitely have a treat using these products. And there is a huge range to choose from.

You can exchange the Rewards for vouchers from high street shops, such as John Lewis, Debenhams or Selfridges.

Other key benefits of the MBNA Rewards credit card include:

0% on balance transfers for 13 months (3% handling fee)
0% on money transfers from your credit card to you current account for 13 months (4% handling fee)
0% on card purchases for 3 months
15.9% APR typical rate (variable)
How can you get an MBNA Rewards credit card?

The easiest way is to apply online – it’s really easy and quick.

In order to apply for an MBNA Rewards credit card you must be 23 years old, have a job and earn over £20,000, own a home and have resided in the UK for the past two years. You must not have any recent missed payments or have other credit defaults (CCJs or current arrears) on any of your credit cards, loans or mortgages.

Aside from the Rewards, MBNA makes sure that your credit card is secured. Shop safely and to make sure of this, MBNA has an early warning fraud system that monitors your account for any signs of unusual transactions.

In case of fraudulent transactions with your card, whether online or in the high street, you won’t be held liable, as long as you advise MBNA as soon as your card goes missing or your notice unusual activity on your card.

The MBNA Rewards credit card has chip and pin protection making it harder for criminals to fraudulently use your account. You’ll be given an advice booklet on Identity theft protection free of charge when you apply for a MBNA Rewards credit card. The booklet gives you all the information that you need when it comes to preventing Identity theft wherein a criminal can steal your identity and get loans, credit cards, goods and services under your name and your account. It only takes a few personal details for fraudsters to pass themselves off as you such as receipts, statements, bill contents or your wallet. With the advice booklet, you get to gain more information and be able to take steps to help your protection.