Are you an animal lover? If you do love animals then you might find the MBNA DSPCA credit card the right card for you. DSPCA is the largest animal welfare organisation in Ireland. If you are in to supporting the pets and animals left behind with no one to care but a charity, then you might want to take a look at the benefits of this card.
This card will contribute to the DSPCA without any cost to you, when you use the card correctly. MBNA makes a donation just for your opening the account. Then they make a donation every time you make a purchase on your card.
When you make a purchase you are technically going to be charged 14.9 percent or more depending on the standard variable rate the card offers you. The lowest annual percentage rate is the 14.9 percent. So how can you save yourself from this interest? When you pay your account balance in full every month and on time you don’t pay interest. It also gives you a 58 interest free period. This means if you aren’t being charged interest it would be like using your debit card in the supermarket to buy groceries only you are donating to the animal welfare charity in Ireland. That makes this card a pretty good deal.
Next you have an interest period of 1.9 percent APR on balance transfers for six months. This period starts on the date the account has been opened. While there may be better options in the UK like zero percent interest for 12 months you aren’t donating to the DSPCA. The truth is though, that you want to have a balance transfer card that you don’t use for purchases. The balance transfer amount is paid off first when it is a promotional deal. Even if you make a purchase and pay the amount of the purchase to the card you are actually paying towards the balance transfer. This doesn’t mean you still can’t use this card for that purpose. When you pay off the balance in 6 months it would make a good purchase card because you are donating to the animal welfare charity.
Other things you get with this card are the free travel accident insurance, fraud security, and no annual fee. There is the government tax, but that will be with any card in Ireland.
Overall there may be cards with a better interest rate, but that isn’t likely. Most of the cards have 16.9 percent, and this is 14.9 percent. It is one of the lowest rates. You are also donating to charity. For me that is a big step in the right direction. If it isn’t something you are interested in then the card is not for you. Every card on the market isn’t going to be right for you or your family. While this has great options it is up to you to decide based on the review and things you are looking for in a credit card.