
Borrow more with your MBNA loan
Looking to borrow more? You could replace your current loan or take out a second loan.
How it works
If you’d like to borrow more, you have two options.
Things to consider
- Deciding how much to borrow - will you be able to afford to pay the loan back if your circumstances change?
- Your new loan could be charged at a higher interest rate over the new loan term you’ve selected. This means you could pay more interest overall.
- Refinancing your existing loan into a combined loan will result in the outstanding balance being moved into a new larger loan, at new rates. Early settlement charges won’t be applied when we close your existing loan to open the new one if this option is selected.