MBNA Platinum Plus for Business

Pros: Employee misuse insurance, travel benefits, individual credit lines.
Cons: You have to pay the bill. :)

When you have your own business, it's a great idea to have a credit card designed specifically for business. Why? It puts you more in control of your business spending. The MBNA Platinum Plus MasterCard for Business affords any size business owner...

Pros: None
Cons: High interest rates, no grace period, bad billing

I'm assuming and I may be wrong that this is the plan MBNA had us with. MBNA has lots of credit card plans. Anyway, the reason I'm assuming is we had a Mastercard for our business through Wachovia Bank. Wachovia merged with First Union and my credit ...

Pros: None
Cons: They will never take your side over a vendor.

I've had an awful experience with MBNA, and would never do business with them again. It started in July '04, when I placed an on-line order with Targus for a laptop case, as I was going on a trip in August. After two weeks, I received an email from ...

Pros: Low interest Rate of 7.9 percent
Cons: Low interest rate only last a few months then they increase it for no reason.

My small business was offered a business credit card at 7.9 percent. I was then urged to consolidate my business debts at an introductory 2.9 percent.After I consolidated my debts they sent me a letter stating that ,because of my credit, they were amending our credit agreement to provide for a interest rate increase from 7.9 percent to 19.99 percent.Needless to say, I ordered my credit report to find the mistake but there was no negative information on the report. I called the company to find out why they increased the rate. They said that they could not review my file for five months. I paid off my bill the next day and will never do business with this company again. With partners in business like them, who needs enemies!