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December 10, 2004

MBNA slams customers: is slammed

Nick Wreden makes a highly critical report of American credit card giant, MBNA. Citing a recent New York Times article, MBNA are apparently about to switch all 50 million existing client's VISA and Mastercard accounts, to American Express, without their permission - an act that will see all existing client VISA and Mastercard auto-billing voided once the move is completed.

In a move he labels "Dumb Ass Branding", Nick also criticises MBNA's significant backing of Bush in the recent and bitterly fought US Presidential Elections, which he condemns as an overly political gesture imposed upon existing clients - who may not necessarily support political backing of any particular candidate.


Posted by at December 10, 2004 10:37 PM


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