MBNA Ireland Platinum Card Outshines Competition

    MANCHESTER, ENGLAND, November 24, 2010 /24-7PressRelease/ -- The MBNA Ireland Platinum credit card introduced earlier this year continues to provide a market leading deal to Irish card-holders despite financial uncertainty. The Platinum card comes with 10 months interest free borrowing on balance and money transfers followed by a well below average 14.9% rate (variable). Considering the rarity of 0% deals in the current market and the interest rate average of 18.6%, the offer made by the MBNA card is a seriously big deal.

Speaking about the Platinum card, a Bank of America representative, of which MBNA is a subsidiary, said: "The MBNA Platinum card is the smart choice for competitive interest rates and balance transfers. As well as a market leading deal, customers will also benefit from paperless statements: 3D Secure technology, online banking and round the clock customer service."

He went on to say: "The card comes with no annual fee from MBNA, you can transfer a balance 24 hours a day using our online banking service and it is accepted at over 29 million retail outlets and more than 1.2 million ATMs throughout the world, making it a great choice."

The lender makes a compelling argument as fee other card providers unable are able to come anywhere close to matching the Platinum credit card deal. This is especially true when considering the record high interest rates, which only further singles out the below-average rate card from MBNA Ireland to many a credit-hungry financial consumer.

At a time when banks have been hit hard by the combination of reduced revenue streams and increased economic distress, many financial consumers have felt a reduction in services and offers. But MBNA Ireland customers have experienced the opposite, with strong deals and ever-expanding levels of customer service that go to highlight the strength of the Bank of America subsidiary. But such forward thinking and responsible lending shouldn't come as a surprise to consumers as MBNA is well placed to compete with a 7 million-strong European customer base.

The Platinum card illustrates MBNA Ireland's commitment to providing worthwhile, competitive and stand-out products to financial consumers, even at a time when it's competitors are not. The lender is well-known for it's affinity cards, offering tie-ins with Liverpool Football Club, Munster Rugby Club and the DSCPA. But it also understands the importance of value and ensure it's customers receive the best credit card deals and the highest levels of customer service.

The Platinum card offer is sure to tempt cardholders with other lenders into considering switching to MBNA Ireland, a move which is especially likely when you consider that most lenders have increased interest rates on average by 6% over the last 12 months. Card-holders with MBNA Ireland (http://www.MBNA.ie) can sleep easy knowing that even in a market with little competition, their lender is still providing products that are leading the market and delivering satisfaction.

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