The New AOL Rewards American Express(R) Credit Card From MBNA

CHESTER, England, June 4 /PRNewswire/ --

- New Card Provides Access to Rewards and Travel Benefits

AOL today announce the launch of the new AOL Rewards American Express(R) Credit Card from MBNA, giving Cardmembers access to the MBNA Rewards programme, access to the MBNA TravelPlus service and discounts with selected RewardPlus partners.

The new card offers 0 per cent p.a. on balance transfers for the first 12 months from the date the account is opened, plus 0 per cent on card purchases for the first 3 months. After the introductory period the card will revert to a standard typical rate of 15.9% APR (variable).

Cardmembers earn MBNA Rewards Points on card purchases which can be redeemed for a variety of items including; experiences, holidays, shopping vouchers, days and nights out, CDs, DVDs, games and cash. Cardmembers will earn one Reward Point for every GBP1 spent on the card but can earn up to three Reward Points and discounts when shopping with MBNA RewardPlus partners. In addition, if the card is used for retail purchases within the first 90 days of the account being opened the Cardmember will receive 1,600 bonus reward points.

Furthermore, Cardmembers of the AOL Rewards American Express(R) Credit Card from MBNA will have the opportunity to enter prize draws to attend AOL Sessions and O2 Events. AOL Sessions are an opportunity for the biggest stars to perform exclusively for AOL Music. Recorded in a state of the art London studio, AOL Sessions provide music fans with a unique and intimate opportunity of experiencing top music talent. AOL is a founding partner at The O2 and has access to tickets ranging from family events such as Disney on Ice to top sporting and music events.

Anyone interested in taking out the new AOL Rewards American Express(R) Credit Card from MBNA should visit www.mbna.co.uk.

Notes to Editors:

The information contained in MBNA Europe's press releases is intended solely for journalists and should not be used by consumers to make financial decisions. Any consumer interested in finding out more about any of MBNA Europe's products should visit www.mbna.co.uk for full terms and conditions.

About MBNA Europe Bank:

MBNA Europe, a wholly owned subsidiary of Bank of America Corporation (NYSE: BAC), is the recognized leader in affinity marketing. MBNA credit cards and related products and services are endorsed by more than 5,000 organisations worldwide. For more information, visit the company's Web site at www.mbna.com or Bank of America's site at www.bankofamerica.com.

About AOL

AOL is a leading provider of digital communications and content to consumers. The AOL websites, services, and portal deliver a range of market-leading online content, including music, film, sport, news, shopping and community, as well as email, instant messenger, VOIP, safety and security features. AOL is also one of the leading online destinations for advertisers.

The AOL services are supplied to subscribers by AOL Europe Services SARL, a company in the AOL group based in Luxembourg. AOL (UK) Limited provides marketing and other support services. Both companies are part of AOL Europe, a business unit of AOL LLC, which operates a leading network of Web brands and is a majority-owned subsidiary of Time Warner Inc.