MBNA Platinum Credit Card

• 0% p.a. on balance transfers until your statement date in December 2008.

• 0% p.a. on card purchases until your statement date in March 2008.

• 0% p.a. on transferring cash into your current account until your statement date in December 2008.

• Typical rate 12.9% APR (variable).

• Online Banking – Access your account to view your PIN, check your balance and transactions, set up direct debits, carry out balance transfers and much more.

SUMMARY BOX This is a summary only. Please refer to the terms and conditions provided for full details.
FEATURES:	SUMMARY:
Typical APR:	Typical rate APR (variable)(1.0199% monthly).
Promotional rate:	Provided you operate your account within the terms and conditions: 0% p.a. on card purchases from account opening up to and including your statement date in March 2008 (0.0000% monthly), and 0% p.a. on balance transfers and credit card cheques from account opening up to and including your statement date in December 2008 (0.0000% monthly).
Other rates:	12.9% p.a. (variable) on card purchases, balance transfers and credit card cheques (1.0199% monthly), and 27.9% p.a. (variable) on cash transactions (including money transfers) (2.0751% monthly).
Interest free period:	Up to 56 days on card purchases only, if you pay your statement balance in full and on time every month, otherwise interest will be charged as set out below.
Interest charging information:	Card purchases, balance transfers, credit card cheques and cash transactions (including money transfers): we will charge interest on all transactions, fees, other charges and interest, starting on the transaction date and ending on the date you pay the bill in full. We work out interest each day so the earlier you make payment, the less interest you will have to pay.
Allocation of payments:	We will use your payments to reduce balances at lower rates of interest before balances at higher rates of interest. Where you have two promotional rates which are the same, we will use your payments to reduce the balance with the longer promotional period first.
Monthly minimum payment:	If the balance shown on your statement is £25 or less, it will be the total amount of the statement balance; or if the balance shown on your statement is more than £25, it will be whichever is the least of 3% of the statement balance or the total of any Payment Protection Cover charges, interest, handling fees and default charges plus £5, provided that it will always be at least £25.
Credit limit:	We will choose your credit limit and tell you what it is. We may vary it at any time and write to let you know. The maximum credit limit that you can have under this agreement is £50,000.
Annual fee:	£0
Other charges:	3% handling fee (min.£3) on: credit card cheques and balance transfers. 3% handling fee (min.£3) on: cash transactions (including money transfers). 2.75% commission on foreign currency transactions.
Default charges:	£12 for going overlimit, making late payments and for returned payments.

Link to previous article: Natwest Credit Card Protection