MBNA Customers Raise More Than £820,000 for Haiti
May 22, 2010 Business News(PRLEAP.COM) Chester, UK: Generous MBNA customers have donated more than £820,000 to the Haiti relief effort.
Donations made to the Disasters Emergency Committee through the MBNA website between January and March this year totalled £827,126.
MBNA Europe, a subsidiary of Bank of America, donated 3 percent of the total to cover any processing costs of the credit card transactions that may have been charged by the payment networks.
John Greaves, Communications executive for Bank of America Europe Card Services, which operates the MBNA brand, said: "We wanted to make sure that every penny of the credit card donations made by our customers went directly to helping those people in Haiti in most need.
"The country needs real help with its rebuilding programme and the generosity of our customers will go a long way to supporting many people."
Often credit card donations can be charged a processing fee. In this case, MBNA donated an amount equivalent to the fee so the Disasters Emergency Committee received 100 percent of customer donations.
Bank of America Corporation made a $1 million donation to a worldwide fundraising campaign for the people of Haiti earlier this year.
About MBNA Europe Bank
MBNA Europe Bank Ltd is a wholly owned subsidiary of Bank of America Corporation (NYSE: BAC) and is the recognized leader in affinity marketing . For more information, visit the company's Web site at http://www.mbna.co.uk or Bank of America's Web site at http://www.bankofamerica.com.
Editor and supplementary notes:
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