For regulatory reasons, MBNA is one of the credit card issuers making different offers for Quebec and the rest of Canada.
The MBNA World EliteMD Rewards MastercardMD is a card that earns 2 points per dollar on all purchases.
You can use your points for travel, discounts or rewards. The best use will be against travel purchases on the card as you can use 10,000 points for a $100 credit.
This means that accumulating points on this card amounts to a 2% rebate, which is unique among Mastercard cards and is especially convenient for purchases at all types of stores, including Costco!
Here are the 2 current welcome offers for Quebec and the Rest of Canada.
In Quebec, the welcome offer for the MBNA World EliteMD Rewards MastercardMD (Quebec) is made up in this way:
If used against travel purchases, this welcome offer allows you to obtain a value of $200 in travel credits.
This offer is valid until February 29, 2020.
For the Rest of Canada, the welcome offer for the MBNA World EliteMD Rewards MastercardMD (Outside Quebec) is made up as follows:
If used against travel purchases, this welcome offer allows you to obtain a value of $300 in travel credits.
For Quebec, the advantage is that you only have to make one purchase to unlock the welcome bonus, while cardholders in the Rest of Canada must spend $2,000 over 3 months; however, they will benefit from 10,000 additional points.
La carte de crédit MastercardMD Platine PlusMD récompenses MBNA is a card that earns 2 points per dollar of eligible purchases:
There is an annual cap of $5,000 in each of these categories. And outside of these categories, you will earn 1 point per dollar on all other purchases.
Thus, the accumulation of points on this no-annual-fee card is 1 to 2% back, which is still interesting for a Mastercard with no annual fee. This makes it a useful card especially for those who want to build their credit history.
In Quebec, the welcome offer for the MastercardMD Platinum PlusMD Rewards credit card (Quebec) is made up this way:
If used against travel purchases, this welcome offer allows you to obtain $100 worth of travel credits.
For the Rest of Canada, the welcome offer for the MBNA MastercardMD Platinum PlusMD Rewards credit card (Outside Quebec) is made up as follows:
If used against travel purchases, this welcome offer allows you to earn $100 worth of travel credit.
For Quebec, the advantage is that you only have to make one purchase to unlock the welcome bonus, while cardholders in the rest of Canada must spend $500 in 3 months; but they also benefit from a doubled accumulation rate during the first 3 months for gas, groceries and restaurants.
With each new offer, credit card issuers gradually adjust their promotions to the market reality between Quebec and the rest of Canada.
If at the beginning of 2019 the offers were particularly generous towards Quebec (requiring no minimum spending in 3 months to obtain a bonus identical to those in the Rest of Canada), now the terms and conditions are evolving with very distinct offers.
Savings are here:
