As expected, MBNA Corp. has signed an exclusive agreement with Major League Baseball, making the bank the official credit card issuer of the big leagues.

The no-fee card carries a rate of 5.9% for six months, which then jumps to prime plus 9.9%, now 18.4%. Season ticket holders and employees of individual teams or Major League Baseball are eligible for an annual interest rate of prime plus 7.9%, now 16.4%.

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