MBNA offer a range of credit cards for small business owners and corporations. MBNA can
offer Visa or Mastercard although this shouldn't sway your decision making.
MBNA offer small business owners 2 types of credit cards - the standard business account and the cash back card.
The MBNA small business credit card is
ideal for anyone who simply needs a card with a competitive interest rate. It has no annual
fee and at just 15.9% APR is competitive when compared with other cards for businesses- further information
The MBNA cash back credit card for small
businesses offers up to 1% discount on your business purchases but with a higher
interest rate at 17.9% and an annual fee. This card is only recommended if you pay your bill in full - further information
There are two main credit cards offered for medium sized business that both include free worldwide travel insurance.
The MBNA premier business card offers a competitive interest rate with a low annual fee with 0% balance transfers together with free travel insurance. The annual fee for this card is £50.
The MBNA premier plus business credit card offers the same benefits as shown above but with the addition of reward miles from BMI (formally British Midland Airlines). This has a slightly higher APR and annual fee but also comes with free annual worldwide travel insurance. The annual fee for this card is £69.
If you are looking for corporate credit cards then MBNA offers your business two great solutions to manage your expenses and if you need a balance transfer facility.
The MBNA commercial card allows you to specify individual credit limits per card holder and has an interest rate of 16.9% with an annual card fee of £25 - there is a balance transfer facility for 6 months at a rate of 7.9% with a 2.5% handling charge.
The MBNA commercial plus business credit card is for the largest of businesses who spend over £250,000 each year. There are no particular offers on this card and it works just like a standard personal credit card. You can't apply for the commercial cards online and you have to send an email to find out more information.