American Airlines AAdavantage
From MBNA
Summary
American Airlines AAdavantage is provided by MBNA.
The representative APR is 17.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 6 months and an introductory purchase rate of 0% for 6 months.
This makes American Airlines AAdavantage a great option for people looking to transfer an existing credit card balance whilst using the card for purchases, within the promotional period.
The representative APR is 17.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 6 months and an introductory purchase rate of 0% for 6 months.
This makes American Airlines AAdavantage a great option for people looking to transfer an existing credit card balance whilst using the card for purchases, within the promotional period.
How long will it take to repay with the American Airlines AAdavantage
Balance transfer
Purchases
Fixed payment
By switching to the American Airlines AAdavantage, you could pay off £1000 in by budgeting £50 each month. This would effectively cost you £50.
Minimum payment
By comparison, if you only make the minimum payment each month, it would take 4 years and 11 months to repay, costing you a total of £1,466 on top of the original balance!
If this seems high, that's because your minimum payment is calculated as a percentage of your balance. This means each payment will be slightly lower than the month before which will have less effect on clearing your balance. So be smart and pay as much as you can afford!
Customer reviews (1)
"a solid program"
Overall, AAdvantage is a solid program. The perks for elite members and relatively inexpensive (and simple) rewards booking make it a must for every business traveler.
Rates & Charges
Introductory rates
Balance transfers
0% for 6 months 41 cards better than this
Balance transfer fee
2% or £3 minimum 86 cards better than this
Purchases
0% for 12 months 7 cards better than this
Ongoing rates
Typical APR
Balance transfer rate
Balance transfer fee
3% or £3 minimum
Balance transfer limit
98%
Cash advance rate
27.9%
Fees and Charges
Annual fee
£0
Cash advances
3% or £3 minimum 53 cards better than this
Foreign currency transactions
Late payment fee
£12
Over limit fee
£12
Returned payment fee
£12
Insurance and Protection
Payment protection
Payment protection
Free payment protection
Free warranty cover
Free price protection insurance
Online fraud protection
Online fraud protection
Travel insurance
Lost luggage cover
Travel delay insurance
Travel insurance upgrade
Requirements to qualify
Minimum credit history
Good
Minimum age
18
Minimum income
£0.00
Must be employed
Yes
Repayment
Interest charged from
Debit
Interest-free period
50 days
Interest-free period on cash advances
None
Time to make payment after statement date
22 days
Minimum payment
1% of balance or £25
Payment by direct debit
Available
Rewards
Rewards Point Descriptions
Receive 5,000 AAdvantage bonus miles when you make a card purchase within the first 90 days of the account opening. Earn 1.5 AAdvantage miles for every £1 you spend on card purchases. Earn 3 AAdvantageĀ« miles for every £1 you spend on fuel, supermarket shopping and American Airlines purchases for the first 6 months from the date your account is opened
Better deals on balance transfers
Better deals on purchases
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