WWF and MBNA to Extend Multi-million Pound Charity Credit Card Programme for a Further Five Years (2024)

CHESTER, England, October 2, 2014 /PRNewswire/ --

WWF (World Wide Fund for Nature) and MBNA to build on 20-year relationship, which has already raised £13 million for the benefit of nature

Charity credit card provider of the year* MBNA and WWF (World Wide Fund for Nature) are to extend their 20 year affinity card relationship until the end of 2019.

(Photo: http://photos.prnewswire.com/prnh/20141002/709327 )

The credit card affinity relationship, which celebrates its 20^th anniversary in January 2015, has helped raise more than £13 million for the charity thanks to its passionate and engaged cardholding supporters.

To celebrate, WWF customers and supporters, as well as the wider public, have the chance to choose the next card image from one of five stunning new card designs supplied by WWF - visit http://www.wwf.org.uk/actionmbna.

MBNA is also supporting the anniversary celebrations by enhancing the value of the card for eligible new customers. For applications received between October 1^st and November 12^th 2014, the WWF Credit Card will offer eligible new customers zero percent on balance transfers and money transfers for up to 31 months from the date of account opening (2.88 percent handling fee, £3 minimum, applies to balance transfers and a 4.00 percent handling fee, £3 minimum, applies to money transfers). This offer only applies to transfers made in the first 90 days. It is an increase from the previous 24-month offer period.

The WWF Credit Card also offers zero percent interest on purchases made in the first three months from the date the account is opened.

Representative example 18.9% p.a. variable on card purchases. This is equivalent to 18.9% APR representative variable based on a credit limit of £1,200.

The new WWF Credit Card from MBNA is available for consumers to apply for now at http://www.wwf.org.uk/joinoradopt/mbna/.

When new WWF Credit Card customers open an account and use their card, MBNA will pay WWF up to £40 when the card is used within 90 days of account opening, plus £2 for every year a customer uses their card and 40p for every £100 spent by customers on card purchases. For the next six weeks from October 1 2014, MBNA will add a further £10 for every new customer signing up and using their card within the first 90 days.

"What a fantastic way to celebrate the very special 20-year relationship between MBNA and WWF," said Michael Donald, Commercial and Customer Experience Executive for MBNA. "This is one of our longest standing affinity card relationships, and during that time, cardholders have helped raise £13 million for its tremendous work for nature around the world. This shows what can be done through relationships like this, and through the passion of every WWF supporter who holds one of these cards."

Nicky Day, director of corporate partnerships at WWF-UK, says: "The WWF Credit Card raises significant funds each year, enabling us to carry out vital conservation work around the world, including efforts to double the number of tigers in the wild by 2022 and tackle destructive rhino poaching. We're delighted to be extending our partnership with MBNA for another five years, and confident our partnership will continue to thrive."

Charity credit cards help consumers regularly give to charity - it is done automatically, and the chosen charity benefits every time a customer uses the card for purchases.

"We take great pride in being one of the UK's leading co-branded credit card providers, with tens of thousands of charity credit cards in the UK market, and providing an important source of revenue for our charity partners," added Donald.

* MBNA named charity credit card provider of the year in the Moneynet Personal Finance Awards 2014 - http://www.moneynet.co.uk/awards-2014

Credit is available subject to status and only to UK residents aged 18 or over. Calls may be monitored and/or recorded for quality and training purposes and for compliance with regulations.

Promotional rates will no longer apply from the beginning of any statement period during which customers have breached their terms and conditions, for example if they haven't paid on time or have gone over their credit limit. Customers cannot transfer balances between MBNA accounts.

About MBNA Limited:

MBNA Limited is a wholly owned subsidiary of Bank of America Corporation (NYSE: BAC). For more information, visit the company's website at http://www.mbna.co.uk.

About WWF

WWF is one of the world's largest independent conservation organisations, with more than five million supporters and a global network active in more than one hundred countries. Through its engagement with the public, businesses and government, it focuses on safeguarding the natural world, creating solutions to the most serious environmental issues facing the planet, so that people and nature thrive. Find out more about its work, past and present at http://www.wwf.org.uk

The WWF credit card is issued by MBNA Limited. Registered Office: Stansfield House, Chester Business Park, Chester CH4 9QQ. Registered in England and Wales under company number 02783251. Authorised and regulated by the Financial Conduct Authority. MBNA Limited is also authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, Register Number: 204487 for the provision of payment services. Credit is available subject to status and only to UK residents aged 18 or over.

WWF-UK (World Wide Fund For Nature) Trading Ltd is acting as a credit intermediary. Registered Office: The Living Planet Centre, Rufford House, Brewery Road, Woking, Surrey, GU21 4LL. Registered in England and Wales number 00892812. It only offers credit cards provided by MBNA Limited.

Editor and supplementary notes:

The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions. Any consumer interested in learning more about this product should visit http://www.mbna.co.uk for full terms and conditions.