Credit Card Payment Deferral
If COVID-19 is impacting your ability to pay your MBNA credit card on time, we are making a Minimum Payment Deferral option available, which may allow you to defer your minimum payment for 3 months. If you choose to defer your payments, interest that has accrued during the deferral period will be added to your outstanding balance as set out in your Account Agreement, Disclosure Statement and if you have any MBNA Payment Plans your MBNA Payment Plan Amending Agreement and the MBNA Payment Plan Offer Details. Your payments will be payable once the deferral period is over. It’s important that you understand the impact.
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