MBNA announced that Norwegian Cruise Line has endorsed MBNA’s credit card products and services for NCL’s customers.
Issued through MBNA America Bank, N.A., the Norwegian Cruise Line VISA will be available in late fall. Customers will enjoy no annual fee, the highest credit lines in the industry, rebates of 3% on all purchases and 4% on all purchases of NCL products, and the opportunity to redeem rebates for stateroom upgrades or “good-as-cash” cruise certificate credits with all the brands in the Star Cruises Group — NCL, Orient Lines and Star.
“We selected MBNA because of their solid reputation and outstanding track record with credit card partnerships,” said Colin Veitch, president and CEO of NCL. “We feel MBNA is the best structured credit card company to effectively handle NCL’s rewards program, which will better serve our customers. The rewards program on this card is the most comprehensive of any in the cruise industry, enabling cardholders to sail free on any of our three brands to more than 300 destinations spanning all seven continents.”
“MBNA is pleased to be partnering with NCL to offer credit card services to NCL’s customers,” said John R. Cochran, MBNA’s Chief Marketing Officer. “We look forward to providing Norwegian’s customers with products and services that exceed their expectations.”
About Norwegian Cruise Line
Miami-based Norwegian Cruise Line is an international cruise company and industry innovator that currently operates a fleet of nine ships sailing to more than 200 ports around the world. NCL took delivery of its newest ship, Norwegian Sun, in August 2001. NCL is currently building two additional ships: Norwegian Star, a 2,200-passenger ship that will be NCL’s largest (delivery in October 2001), and Norwegian Dawn, a 2,200-passenger sister ship to Norwegian Star (delivery in December 2002).
MBNA Corporation, a bank holding company and parent of MBNA America Bank, N.A., a national bank, has $92.6 billion in managed loans. MBNA, the largest independent credit card lender in the world, also provides retail deposit, consumer loan and insurance products.