Do you want to have benefits with a credit card? Most of us do, but it can be hard to decide what benefits we would like to have. There are several cards on the market for you to choose from. In this article we will explain the MBNA Kildare GAA card. The first option you find with this card is that it supports the Lillywhites team in Kildare.
MBNA makes a contribution when you open an account, to Kildare County. They will also make more contributions as you make purchases on the card. So if you are living in Kildare and wish to show support or even if you aren’t living in Kildare you can show your support with this card. There are a few other rewards with the card for this show of support that will be outlined in the agreement. The good news is that you are not responsible for the contributions. In other words there is no extra cost to you for having the card.
The card has a balance transfer option that is similar to other GAA cards. You will have 1.9 percent APR on balance transfers for six months. This period starts on the day the account is opened and not when you receive the card. After this term you have an annual percentage rate of 16.9 percent. This is a pretty standard amount for credit cards not just the GAA cards.
Next you have the same annual percentage rate on purchases. This APR starts when the account is opened. There is no introductory deal on purchases. However, you can earn up to 58 days interest free if you pay off the balance in full and on time every month. You will find that if the balance is always paid in full you won’t have to pay interest.
The balance transfer amount will be paid first. For example say you transferred a balance of 300 Euros, but you also made a purchase for 300 Euros two days after the transfer was complete. The purchase will be 16.9 percent and the balance transfer 1.9 percent. The lower interest amount is always paid off first. If it takes you six months to pay down the balance transfer then you will not pay the purchase amount until that six months is over, but you will be accruing interest at 16.9 percent APR for that time period.
To make this card work for you it is best to use it for one or the other option. If it is for balance transfers then use it only for that until the balance is paid off. You can also just use it for purchases that you can afford to pay off every month thereby supporting the Lillywhites and Kildare without incurring a cost to you.