Credit Card Programs - MBNA enhances WorldPoints Program

With my most recent statement MBNA sent a change in terms & conditions for the WorldPoints program. THey have decided once again to enhance the program. The Terms & conditions read:

Summary: We are increasing the number of points needed for most international air travel. We are also decreasing the maximum dolalr value for the highest international air category. There is no change to the redemption requirements for travel within the continental United States or to Canada, Mexico or Puerto Rico.
Program Change: Effective for all points redeemed on or after December 31, 2005.
Basic Air Rewards: The number of points and corresponding maximum dollar value (MDV) required for coach-class Basic Air Rewards from the 48 states are:

Alaska, Hawaii, the carribbean, the Bahamas, or Bermuda: 45,000/$600
Europe: 60,000/$800
Central or South America, Asia, Africa, or the South Pacific: 85,000/$1,150

FlexAir Rewards: The number of points and correspond MDV required for coach-class FlexAir rewards from the 48 states are:

Alaska, Hawaaii, the Caribbean, the Bahamas, or Bermuda: 45,000/$450
Europe: 60,000/$600
Central or South America, Asia, Africa, or the South Pacific: 85,000/$850


Once again, MBNA has devalued the program and I can only wait until Bank of America takes over and the program becomes even more diluted and suddenly an annual fee probably will appear since Bank of America loves to nickle & dime their customers while offering completely uncompetitive credit cards.

JC

Do we have an indication that B of A is going to take this over?

I believe BOA bought MBNA a while back. At least that is what a MBNA employee friend said, I thought...

BofA is buying MBNA, but the legal day 1 probably won't be until 1/1/2006.

I got the same notice. How disappointing! Which credit card(s) has a similar program to the current MBNA one? It's time to switch.

With my most recent statement MBNA sent a change in terms & conditions for the WorldPoints program. THey have decided once again to enhance the program. The Terms & conditions read:

Summary: We are increasing the number of points needed for most international air travel. We are also decreasing the maximum dolalr value for the highest international air category.JC

I looked here because the subject line said MBNA was "enhancing" its program. Figuring whatever the program offered, it was about to get better, I read what you posted. I see that whatever the program is/was, it ain't getting better. So unless after dis-enhancement it is still a fantastic offer, I will not bother to familiarize myself with the promo.

(I would add that based on a personal experience with a university alumni affinity card issued by MBNA, I regard MBNA as pretty snakey, but I'm not sure all the credit card issuers do not qualify as snakey, and MBNA is getting out of the business anyway.)

(I would add that based on a personal experience with a university alumni affinity card issued by MBNA, I regard MBNA as pretty snakey, but I'm not sure all the credit card issuers do not qualify as snakey, and MBNA is getting out of the business anyway.)

It's not getting of out biz; B of A bought it.

I do not look forward to the Day BoA takes over MBNA as Now you are going to have only the big 3 BoA,Citi,Chase, with some others that are less acceptable.
-UFFA

-bump-
It's officlal ~ MBNAs online processes were assimilated by BoA yesterday (10/23) ... and the new site's FUBAR.

Hold times of 15+, and CS can't tell you squat. Guess it's not a big surprise.

Time to go card-shopping.
/.

ok im frustrated. i have my mother's MBNA registered on mbnanetaccess because i pay it for her, but it doesnt show in my BOA online banking account.

mbnanetaccess is gone.

this is ridiculous. im going to the branch now.

edit - they said the process could take a week or more ("should be done by end of week") to COMPLETE the merge. so i should see her account (im also an additional cardholder on it) in online banking soon. my payment options before then are branch, phone, mail. was handled fine in branch, although their information security policies could use some work.

even if you are not a BOA account holder, it might be good to go into a branch for CS. because its an inhouse call now if they talk to the MBNA people. i dont want to think about how the call would have gone if i called MBNA :D

I looked here because the subject line said MBNA was "enhancing" its program. Figuring whatever the program offered, it was about to get better, I read what you posted. I see that whatever the program is/was, it ain't getting better. So unless after dis-enhancement it is still a fantastic offer, I will not bother to familiarize myself with the promo.

(I would add that based on a personal experience with a university alumni affinity card issued by MBNA, I regard MBNA as pretty snakey, but I'm not sure all the credit card issuers do not qualify as snakey, and MBNA is getting out of the business anyway.)

Whenever something is "enhanced", it is usually from the perspective of the service provider, not the customer. It just sounds better than "we are changing the program to make more money off of you and give you less...enjoy..."

as a BOA account holder, i consider the merger an enhancement that is a positive thing.

as a BOA account holder, i consider the merger an enhancement that is a positive thing.

Do you perhaps mean that as a stockholder you think it is a good thing, because now they face less competition and can leech even more money out of hard-working people? :D

what? im not a stockholder. im an account holder. i have an account there.

even though i cant see my mother's card yet, they said it should come through, and if i was going to keep my MBNA card it would be great having it in my BOA online account.

my point is for people with BOA accounts, this is a good thing, but i cant say the same for people with only MBNA accounts. it probably sucks for them. :(
(for having to create a BOA online account and getting hit with BOA advertising all the time when they dont want a BOA account)

http://www.ibsnetaccess.com should still work for MBNA.

[QUOTE=21A]: http://www.ibsnetaccess.com should still work for MBNA.

ibsnetaccess still exists, but any of my MBNA logins are certainly trashed.

Gets better: they've force-fed me a new version of ShopSafe ~ *older* than what MBNA was using. Works the same but it's slower, looks like crap, and has wormed itself into the auto-run registry.

"Enhanced"? Kinda like when Yahoo took over OneList.
:asshats:
/.

Enhancement: To take a product or service and remove, delete or reduce any and all services that have a cost associated with them in order to improve profits and increase dividends. :D

www.ibsnetaccess.com will still be used for "opaque" brands -- cards that BofA handles for competing banks, who don't want the BofA logo and marketing all over their card.

And yes, the new site is down -- I can't get into my BofA cards either.

I had trouble with the site last night, but it is working as of right now.