CHESTER, England, June 24, 2013 /PRNewswire/ --
Emirates selects
leading UK credit card provider MBNA as partner of choice; signing
marks Emirates Skywards' first cobrand credit card collaboration in
the UK
Emirates' award-winning frequent flyer programme, Emirates
Skywards, and MBNA have signed a new UK credit card collaboration;
and announce the launch of two new credit card accounts for current
and new Emirates Skywards members and UK consumers.
To view the Multimedia News Release, please click:
http://www.multivu.com/mnr/61921-emirates-skywards-MBNA-UK-card-partnership
The 'Emirates Skywards Credit Card Account' and 'Emirates
Skywards Elite Credit Card Account' allow customers the choice
between a standard no annual fee card and an elite version with
fee. Both cards are available to apply for now at
http://www.emirates.com/uk.
Both accounts come with two credit cards, one American
Express® card and one Visa card, and enable eligible new
customers to boost the earning power of their spending by building
Skywards Miles. The accounts also come with a higher earn rate on
purchases from Emirates, 10 percent off holidays booked through
Emirates Tours as well as bonus miles for the first purchase made
during the first 90 days of opening the account. Holders of the
Elite card are entitled to additional benefits - ranging from a
complementary companion reward ticket, to discounts on flights,
miles purchases, Emirates Business Class check in at UK airports
when flying in Economy Class and more (conditions apply, see
table below).
MBNA's Business Development and Marketing executive,
Michael Donald, and Emirates
Skywards Senior Vice President, Brian
LaBelle, took to Emirates Air Line in London, the UK's first urban cable car, to
launch the new collaboration (pictured).
"As the recognised leader in card affinity partnerships, MBNA
was the obvious partner of choice for Emirates Skywards to bring
new cobrand credit cards to the UK market," said Brian LaBelle. "It is a logical step for
Emirates Skywards to launch these two new products in the UK, home
to our largest membership base globally. We want to ensure both
current and future Emirates Skywards members have the best
opportunity possible to maximise the earning potential of their
spending by building Skywards Miles and redeeming these for a range
of exclusive rewards and benefits that come with both
accounts."
Michael Donald added: "MBNA is
proud to be working alongside Emirates Skywards, the frequent flyer
programme of one of the world's fastest growing international
airlines. We share their ambition to provide the UK Emirates
Skywards membership base with compelling credit card products and
look forward to our new partnership going from strength to
strength."
Overview - Emirates Skywards Credit
Card Account and Emirates Skywards Elite Credit Card Account
Designed for Consumers looking to build Emirates
Skywards rewards with their
everyday spending, regular
travellers on Emirates airline, and
frequent flyers.
Interest rates & fees Emirates Skywards Credit Card
Account - Representative example
17.9% p.a. (variable) on card
purchases. This is equivalent to
17.9% APR representative (variable)
based on a credit limit of
GBP1,200.
Emirates Skywards Elite Credit Card
Account
Representative example 18.9% p.a.
(variable) on card purchases. This
is equivalent to 55.1% APR
representative (variable) based on
a credit limit of GBP1,200. Annual
fee of GBP150 is payable.
Both credit card accounts also
offer:
- 0% for 12 months from account
opening on all spending at
http://www.emirates.com/uk
- 0% for six months on all balance
transfers and money transfers made
in the first 90 days (2% fee
applies)
Introductory bonus and Emirates Skywards Credit Card
redemption opportunities Account - 5,000 bonus Skywards
Miles, payable on first purchase
being made within 90 days of
account opening (no minimum spend)
- Start redeeming at 7,500 Miles
within Europe or 38,750 on Emirates
- Upgrade rewards start from 25,000
Skywards Miles
Emirates Skywards Elite Credit Card
Account - 10,000 bonus Skywards
Miles, payable on first purchase
being made within 90 days of
account opening (no minimum spend)
- Start redeeming at 7,500 Miles
within Europe or 38,750 on Emirates - Upgrade rewards start from 25,000
Skywards Miles
Reward Miles per GBP spent Emirates Skywards Credit Card
Account
Earn rate on Emirates spend: 2
Skywards Miles per GBP1 spent
directly at Emirates flights and
Emirates Tours booked through
http://www.emirates.com/uk and
http://www.emiratestours.co.uk
(AMEX), 2 Miles per GBP2 spent
(Visa)
Earn rate on regular spend: 1
Skywards Mile per GBP1 (AMEX), 1
Mile per GBP2 (Visa) on all other
spending
Emirates Skywards Elite Credit Card
Account
Earn rate on Emirates spend: 4
Skywards Miles per GBP1 spent
directly at Emirates flights and
Emirates Tours booked through
http://www.emirates.com/uk and
http://www.emiratestours.co.uk
(AMEX), 4 Miles per GBP2 (Visa)
Earn rate on regular spent: 2
Skywards Miles per GBP1 (AMEX), 2
Miles per GBP2 (Visa) on all other
spending
Additional cardholder Emirates Skywards Credit Card
flight/miles benefits Account
10% discount off Emirates Tours and
25% discount on purchases of up to
25,000 Skywards Miles when using
the Emirates Skywards American
Express(R) Credit Card
Emirates Skywards Elite Credit Card
Account
10% discount off Emirates Tours and
25% discount on purchases of up to
25,000 Skywards Miles when using
the Emirates Skywards American
Express(R) Credit Card
Access to the Visa luxury holidays
website and access to Visa retail
offers (online and mobile
application, including retailing
discounts) when customers register
using their Emirates Skywards Visa
Credit Card
Plus, Emirates Business Class check
in at UK airports when flying in
Economy Class; GBP150 off of a
First Class or Business Class
ticket after first spend on the
account (equivalent to annual fee);
and, a complimentary companion
reward when buying a Skywards
Flexible Economy Class or Business
Class ticket when GBP15,000 or more
spent on the card in any one year.
About Emirates Skywards:
Emirates Skywards, the award-winning frequent flyer programme of
Emirates, offers four tiers of membership - Blue, Silver, Gold and
Platinum - with each membership tier providing exclusive
privileges. Members earn Skywards Miles when they fly on Emirates
or partner airlines, or when they use the programme's designated
hotels, car rentals, financial, leisure and lifestyle partners.
Skywards Miles can be redeemed for an extensive range of rewards,
including tickets on Emirates and partner airlines, flight
upgrades, hotel accommodation, excursions and exclusive
shopping. For more information or to join Skywards, go to
https://www.emirates.com/uk.
About MBNA Limited:
MBNA Limited is a wholly owned subsidiary of Bank of America
Corporation (NYSE: BAC). For more information, visit the company's
website at http://www.mbna.co.uk.
Editor and supplementary notes:
The information contained in this press release is intended
solely for journalists and should not be used by consumers to make
financial decisions. Any consumer interested in learning more about
any of this product should visit http://www.mbna.co.uk for full
terms and conditions.
Video:
http://www.multivu.com/mnr/61921-emirates-skywards-MBNA-UK-card-partnership