Company Information

Get to know MBNA

Originally an acronym for Maryland Bank National Association, MBNA was founded in the USA in 1982 and launched in the United Kingdom in 1993. It grew to become one of the UK's largest credit card issuers, known for its "affinity" cards co-branded with sports teams, charities, and universities. In 2017, MBNA's UK and Irish business was acquired by Lloyds Banking Group from Bank of America. Today, MBNA operates as a trading style of Lloyds Bank plc, continuing to offer a range of credit card products directly to UK consumers.

Industry

Financial BankingPRIMARY
Financial Other Service
Financial Payment

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MBNA

United States

Founded in

1982 (44 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.