MBNA has launched two new cashback credit cards offering up to 1.5% cashback. Which? Money’s credit card expert Martyn Saville rates the new credit card deals.
Card one: MBNA American Express credit card
The American Express card from MBNA is the more generous of the two, offering unlimited cash back at 1.5% on purchases at most major supermarkets and petrol stations and 0.75% on all other card purchases.
The card has no annual fee and comes with a representative APR of 18.9%, so it is not suitable for borrowing. American Express is also not as widely accepted in the UK as Visa and MasterCard.
If you do a lot of your weekly shopping with major supermarkets, this cashback deal is unbeatable.
Card two: MBNA Visa credit card with cash back
If you’re looking for a card that is more widely accepted, MBNA has also launched a Visa card offering unlimited cash back at 1.25% on supermarket and fuel purchases and 0.5% on all other card purchases. While slightly less generous than the American Express card, this Visa card still offers excellent value, particularly if you plan to use it for supermarket and fuel purchases.
As with the Amex card, this credit card has no annual fee and comes with a representative interest rate of 18.9% APR.
Get the best credit card for your needs
If you need advice to help you choose the best credit card for your needs, read the free Which? guide to choosing a credit card.
Once you know the best type of card for you, check out Which? Best Rate credit cards to find the most competitive deal available today, whether it’s a cashback card, a card for borrowing or the longest 0% deal on balance transfers.
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