When did bank of America buy mbna?

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2026-03-19 02:25

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Bank of America acquired MBNA in 2006 for approximately $35 billion. The deal was finalized in January 2006, and it significantly expanded Bank of America's credit card operations, making it one of the largest credit card issuers in the United States. The acquisition allowed Bank of America to enhance its market presence and product offerings in consumer credit.

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