credit cards

[tezmand]

i have an mbna credit card which rewards you with points when you use it which you then can get vouchers for shops etc ,mbna have now sent me a new card as it was due to expire but also sent me an american express card which earns more point than my old one it is linked to the same account as my old one but it seems to me why send me two cards but one rewards you better so obviously i will use the better reward one all time UNLESS you guys can tell me something about american express as i dont know anything about it is there a catch ? thanks

[ubasses]

There are quite a few places that do not accept Aerican Express

[EvianBaby]

Lots of places don't accept AMEX.

Is the interest rate the same on both cards?

[boxtops]

I had an Amex card but found I couldn't use it in many places - and a few years back they were charging about £12 a year for it. Watch the charges - MBNA is a high interest card if you don't have special deals. it seems very odd to send you another card - I'm not aware of any link between MBNA and Amex. How can it be linked to the same account? - I don't understand that part.

[boxtops]

Is it one of these? http://www.mbna.co.uk...edit-cards/index.html I had no idea that MBNA were involved with so many other organisations. Their APR is pretty stiff on most of the cards - I'm not using mine these days, it's very expensive, other cards' APR is less.

[tezmand]

interest rates dont bother me as i always pay in full each month so doesnt matter if its high , there is no mention of an annuel fee and yea mbna must have something to do with amex and deffo all linked together it says i will only get one statement for both cards so it seems it just means i may not find all the shops take amex by sound of your answers i will make a phone call to mbna before i activate it tho thanks for replys

[boxtops]

That's good tezmand, if you can pay them off - a good way to do it, I do the same with my M&S card.

[dzug2]

Lloyds did something similar with an airmiles card a few years back - indeed they may still do so.

As already said, the only snag is the limited acceptance of Amex, which is why they offer you another card with it.

[micmak]

I had a MBNA card with cash back. They informed me that cash back was stopping. As I paid up front every month I cancelled the card. Since then i have been unable to get a credit card, I own my own home and have an income which keeps us well. Their loss. not mine.

[tezmand]

micmac dunno if your card was same as mine as mine isnt cash back its reward points you convert your points into high st vouchers or gift cards works out well for me as i always pay in full each month so getting rewarded for nothing really the point soon add up

[tezmand]

have phoned mbna amex has teamed up with visa and theres no charges for either of the cards they sent me with the amex one i get 2 points for every £1 i spend witht the ordinary visa i get 1 point every £1 i spend so makes sense to use amex as much as i can if the shops accept amex that is , seems its all good for the customer for once eh !