The AA Credit Card
From MBNA
Summary
The AA Credit Card is provided by MBNA.
The representative APR is 16.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 12 months and an introductory purchase rate of 0% for 12 months.
This makes The AA Credit Card 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 16.9%APR variable.
New customers will receive an introductory balance transfer rate of 0% for 12 months and an introductory purchase rate of 0% for 12 months.
This makes The AA Credit Card 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 The AA Credit Card
Balance transfer
Purchases
Fixed payment
By switching to the The AA Credit Card, 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 10 months to repay, costing you a total of £1,426 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)
"everyday card"
I haven't had any problems with this card -- but, let me first tell you about my usage of the card. I have a 5-figure credit limit on the card, (2/3 available for cash advances), which I've never pushed. I usually use run up about £1,500-4,000 each month, which I pay promptly. Almost all of my recurring monthly charges are also on this card, including ISP services, so I wouldn't consider using the card for balance transfers. On this card, I'm only familiar with normal (heavy) use, so I'm not familiar with their promotional rates or additional services
Rates & Charges
Introductory rates
Balance transfers
0% for 12 months 37 cards better than this
Balance transfer fee
3% or £3 minimum 117 cards better than this
Purchases
0% for 10 months 11 cards better than this
Ongoing rates
Typical APR
Balance transfer rate
Balance transfer fee
3% or £3 minimum
Balance transfer limit
95%
Cash advance rate
27.9%
Fees and Charges
Annual fee
£0
Cash advances
3% or £3 minimum 48 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
Your AA Reward Points are worth more if you redeem them on AA products. 2,000 points could give you; £40 off AA Insurance or AA Breakdown Cover or £20 in shopping vouchers, motoring products or treats (days off, hampers, case of wine) or £10 cash back.
Better deals on balance transfers
Better deals on purchases
Other cards from this provider
