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N&P and MBNA launch credit card |
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03 June 2009 |
Norwich and Peterborough Building Society (N&P) has teamed up with MBNA, a subsidiary of Bank of America, to launch a new credit card, which offers 0% interest for one year on all balance transfers.
The card also carries 0% interest on card purchases for the first three months, before reverting to a typical rate of 15.9% APR (variable). There will also be a 3% balance transfer handling fee.
Customers who pay their balance in full and on time every month can enjoy up to 50 days' interest-free on their credit card purchases.
Most items bought with the N&P credit card that are lost or stolen within 100 days of purchase will be repaired or replaced. This covers most goods costing £50 or more, and provides up to £15,000 of claims in a year.
Customers can apply for a new N&P credit card online, via the N&P website, www.nandp.co.uk, in any one of the Society's branches or by calling the N&P Contact Centre on 0845 300 2511. Whichever method they choose, customers can have an instant decision on their application.
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