- 15%Cashback via MBNA Smart Rewards on purchases
MBNA currently offers targeted welcome bonuses on select Balance Transfer cards, including £25 to £28 in cashback.
Some cards offer rewards like up to 15% cashback via MBNA Smart Rewards on purchases.
24-29% Variable APR
What sets the MBNA Balance Transfer Credit Card apart is the ability to earn cashback on new purchases while enjoying a 0% interest period on balance transfers, making it a practical choice for those looking to manage debt and earn rewards simultaneously.
Pros:
- No annual fee
- Ability to earn cashback on new purchases
Cons:
- Variable APR can be high
- Limited rewards structure
The MBNA Balance Transfer Credit Card may be suitable for individuals seeking to consolidate existing debt while also earning cashback on new purchases, given its 0% interest period on balance transfers and zero annual fee. This card is particularly advantageous for those who are disciplined in managing their spending and can pay off their balance before the promotional period ends.