CREDIT CARD SUMMARY BOX

This is a summary only. Please refer to the terms and conditions provided for full details.

Typical APR: Typical rate 15.9% APR (variable)(1.2408% monthly).

Promotional rate: 0% p.a. on card purchases for three months from account opening(0.0000% monthly), 0% p.a. on balance transfers and credit card cheques for twelve months from account opening (0.0000% monthly) provided you operate your account within the terms and conditions.

Other rates: 15.9% p.a. (variable) on card purchases, balance transfers and credit card cheques (1.2408% monthly), and 22.9% p.a. (variable) on cash transactions (including money transfers) (1.7366% 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): MBNA 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. MBNA work out interest each day so the earlier you make payment, the less interest you will have to pay.

Allocation of payments: Balances at lower rates of interest will be paid before balances at higher rates of interest. This means that if you have made a transaction at a promotional rate after your last statement date but before the date MBNA receive your payment, MBNA may pay that transaction off first.

Monthly minimum payment:The lesser of: 2.25% of your balance (minimum £5) or charges for Payment Protection Cover plus interest and fees plus £5 or the balance, if this is less than £5.

Credit limit: MBNA will choose your credit limit and tell you what it is. MBNA 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.