MoneySavingExpert.com homepage
Cutting your costs, fighting your corner
Founder, Martin Lewis · Editor-in-Chief, Marcus Herbert
Search bar closed.
MSE News

Credit card cheques terminated by MBNA

chequebook
Guy Anker
Guy Anker
Deputy Editor & Head of Operations
18 March 2010

MBNA will stop issuing credit card cheques from the end of this month.

The move follows a Government clamp down last year in which it announced unsolicited credit card cheques, which often encourage people to spend at exorbitant interest rates, will be banned in 2010 (see the Card rule book cut up MSE News story).

But MBNA's move goes further as it's stopping cheques altogether, whether you ask for them or not.

Further reading/Key Links

Top cards: 0% Balance Transfers And Purchases, Best Balance Transfers

MSE Forum

Credit card cheques terminated by MBNA

Forum image
Tools and calculators

Clever ways to calculate your finances

Find your odds of getting top cards
Find your odds for getting a cheap loan
Compare broadband, phone & TV deals
Compares thousands of mortgages
Eight calcs to help you work out the cost
We ensure you’re on the cheapest tariff