MBNA

American company

Written by

The Information Architects of Encyclopaedia Britannica

Last updated

July 17, 2026

Quick Summary

MBNA was an American company that was acquired by Bank of America in 2006. This acquisition made Bank of America a leading issuer of credit cards. MBNA's operations were integrated into Bank of America's existing credit card business, significantly expanding its reach and capabilities in that sector. The merger was part of Bank of America's strategy to strengthen its position in the financial services industry, particularly in consumer credit.

Summary created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.

2 Britannica Sources

Ask Britannica AI about this topic

Britannica doesn't have a full article on this topic, so we've curated a list of our relevant coverage.

Delaware
Economy
…most prominent credit-card lender was MBNA, which had become the state’s largest commercial employer by the beginning of the 21st century; shortly thereafter, MBNA merged with Bank of America.
Read More
…most prominent credit-card lender was MBNA, which had become the state’s largest commercial employer by the beginning of the 21st century; shortly thereafter, MBNA merged with Bank of America.
Read More