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Balance Transfer to Elite Rewards Platinum Plus MasterCard Elite Rewards® Platinum Plus® MasterCard®


Elite Rewards Platinum Plus MasterCard
Intro APR: 2.9%

 Issuer: MBNA America Bank, N.A.
2.9% Annual Percentage Rate (APR)† for Cash Advance Checks and Balance Transfers.*

CREDIT LINE UP TO $100,000 WITH PLATINUM PLUS® CARD.

You spoke, and we listened. We designed the new Elite Rewards® Platinum Plus® MasterCard® credit card to feature one of the most comprehensive rewards programs on the market. There has never been a better opportunity for you to go anywhere you want or get virtually anything you want with a credit card rewards program.

Here are the facts:
  • No Annual Fee. No Program Fee.
  • Earn one point for every purchase dollar in net retail purchases you spend with your new Elite Rewards® Platinum Plus® MasterCard® credit card.§
  • Receive 500 Bonus Points after first retail purchase.§§
  • Earn Bonus Points for every dollar you spend at participating merchants.§§§§
  • Check your Elite Rewards points balance, view rewards, and redeem points online at www.eliterewards.com.
Here are the rewards:
  • Fly on major U.S. based airlines, no blackout dates.
  • Enjoy hotel stays and AVIS® car rentals.
  • Receive gift certificates/cards redeemable at top retailers and restaurants.





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No discussion of trading system evaluation would be complete without a discussion of drawdown. We must always look at the maximum drawdown of any trading system as it is very, very important. The maximum drawdown of trading system is defined as the greatest peak-to-valley drawdown in a trading system’s equity. Let’s say for example that we have a trading system that reaches a particular equity peak of $100,000. Let’s further say that two weeks later, the trading system equity is at $80,000. In this example, let’s say that the $80,000 equity happens to be an equity valley. In that case, the peak-to-valley drawdown would be $100,000-$80,000 equals $20,000. This means that the maximum drawdown is $20,000. So why is the maximum drawdown such an important measurement in our evaluation of a trading system? It’s because the maximum drawdown gives us a measure of the survivability of the trading system. A simple measure, but a measure nonetheless. Basically, when we look at the maximum drawdown we can say that this maximum drawdown can happen again at any time throughout the life of the trading system. This is particularly important when it comes to evaluating starting account size. As an example, let’s say that you started to trade the system using an account funded with $10,000. Right off the bat, you can see that this would not be prudent, because as we can see from our maximum drawdown figure if we went into a drawdown immediately after starting our account our account balance would logically be wiped out. We can see from this quick illustration that we definitely need to fund our account with more money than enough to cover the maximum trading system drawdown. It makes perfect sense to have a buffer of some sort as well. I would exercise caution, if you are looking a trading system and the recommended account size is the exact same size as the maximum drawdown. The maximum drawdown is an essential measure that gives us a better idea of what to expect when trading a particular system. A comparison of risk versus reward is an absolute essential in successful trading. To Your Forex Trading Success!







  • Transfer your balance to Elite Rewards® Platinum Plus® MasterCard®

  • Before deciding on any cash-out refinancing schemes, it is important to consider how much you will gain refinancing your mortgage and how much longer pay for refinancing. This will then dictate whether or it is worth refinancing. The cash you receive can be e used for anything, but very important to consider that any cash you receive adds to the loan.

    Finding the best cash-out refinancing agency that is both credible and reliable is very important in order to guarantee that you are getting your money's worth. Cash-out refinancing can be very complicated, and it is recommended that you seek the advice of a reliable financial advisor. He or she will explain how cash-out refinancing works, and whether or not it is a viable plan for you to take advantage of.

    When planning on cash-out refinancing, you have to first consider whether or not you'll end up with both a lower monthly fee and a shorter loan term. There are schedules and tables on the Internet that will help you calculate using actual balances, interest rates and loan terms. Remember that consumers have to pay a substantial amount of money in closing fees, etc. when taking on a new loan. Combining the interest savings and the time you spend that comes with a shorter loan term should provide a greater refinancing incentive. If the money you receive from cash-out refinancing of your home means that your interest rate is higher and your payments are extended over a greater length of time, you should probably consider other financing options.


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  • Tired of high charges? Find the best database for credit cards! Read the fine print and find the Annual Percentage Rate (APR). This is the interest rate the companies charge you if you carry a balance. You want the lowest rate possible; as each percentage point drop will save you money on the months you have an outstanding balance.