Posted on
Wednesday, March 24, 2010
After March 31, MBNA will not be issuing any more credit card cheques to their clients. Reason: Negative response from customers. Yes, MBNA has resorted to this act only after gauging a weak response to the instrument in recent times. The organisation clearly stated that it is doing so in response to customer feedback. According to market experts & consumer groups, the concept of credit card cheques landed into the controversy owing to the exorbitant interest rates that...
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