MBNA Canada Card Offers
MBNA was bought by Bank of American in a deal announced in mid-2005. The company's name was later changed to FIA Card Services, N.A. MBNA has a rich history of being one of the few credit card issuers with steady profit and customer growth since inception. A thriving tactic of issuing its products to highbrow customers is reason for this. Charles Cawley, the individual who founded MBNA in 1982, established partnerships with associations and organizations instead of the common mass mailing employed by competitors. Partnerships with associations like University Alumni's, and professional groups ensured that MBNA had customers with high annual incomes. Other groups were encouraged to join when approached as they would receive commissions including a percent of revenue generated from cards issued to their members. MBNA operates a Canadian division known as MBNA Canada.
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