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Quantum Leap (6/19/00)
FULL STORY:
While it is getting harder and harder to impress someone with a credit card,
MBNA has come up with a super exclusive card. The new Quantum MasterCard
offers
a million dollar credit line and the option of earning up to one million air
miles per year. Under the Quantum program, cardholders who qualify can access
lines of credit totaling $1 million. The first $250,000 of the Quantum account
is completely available by card, check, or cash. Beyond that a check-accessed
line of credit can be arranged for an additional $750,000. An optional Quantum
Rewards program enables wealthy cardholders to earn up to one million miles
per
year, good for unlimited worldwide redemptions. Pricing for the Quantum
MasterCard varies, but the account typically features a 2.9% introductory rate
and a fixed 13.99% rate thereafter. There is no annual fee, but the optional
Quantum Rewards program costs $75 per year. There are no
over-the-credit-limit-fees and no ATM transaction fees. Quantum clients also
have access to preferred rates on MBNA CDs and Money Market Accounts. The
program also features a top-of-the-line concierge service called "Quantum
Assist". For more information visit www.mbna.com.
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