Tilted Forum Project Discussion Community - View Single Post - Bank of America buys MBNA.. How will MBNA credit cards be affected?

tres · 07-01-2005, 03:52 AM

While I'm not a fan of Monopolies(sp?), I've been a BOA customer for about 4 years... I had a BOA credit card and a Fleet CC when they got bought, and nothing bad happened.. In fact, I merged the two cards together and ended up with one card with a large credit limit, and an even better APR. If this merger goes through, then I'm sure I can merge my MBNA card with my BOA and do the same thing... additionally, I used to have to go to 2 seperate websites to pay each bill, if you have more than one BOA account, it gets merged into one logon and you can see all your BOA accounts on on screen.

I doubt it will be a big deal, even if they have 90% of the industry, Discover, AMEX and the others will just be more competitive, and if they arent then, either way your getting the better deal....

07-01-2005, 03:52 AM	#4 (permalink)
tres Insane Location: Long Island, NY	While I'm not a fan of Monopolies(sp?), I've been a BOA customer for about 4 years... I had a BOA credit card and a Fleet CC when they got bought, and nothing bad happened.. In fact, I merged the two cards together and ended up with one card with a large credit limit, and an even better APR. If this merger goes through, then I'm sure I can merge my MBNA card with my BOA and do the same thing... additionally, I used to have to go to 2 seperate websites to pay each bill, if you have more than one BOA account, it gets merged into one logon and you can see all your BOA accounts on on screen. I doubt it will be a big deal, even if they have 90% of the industry, Discover, AMEX and the others will just be more competitive, and if they arent then, either way your getting the better deal.... __________________ "Its better to be hated for who you are, then loved for what your not" --Van Zant "Tell me and I forget. Show me and I remember. Involve me and I learn."