With the MBNA Rewards World Elite® Mastercard®, you can earn 5 points per dollar of purchases for:
Everywhere else, you will get 1 point per dollar.
Enough to make the MBNA Rewards World Elite® Mastercard® the best MBNA credit card for restaurants, groceries, digital media, subscriptions and household utilities.
Knowing that Mastercard recognizes Walmart Supercenters as grocery stores, this is the best credit card for Walmart customers!
Plus, depending on your province of residence, you’ll get a welcome bonus of between 20,000 and 30,000 points, a value of $200 to $300!
And each year, you will receive Birthday Bonus Points equal to 10% of the total number of Points the Account earned in the 12 months before the month of your birthday, to a maximum Birthday Bonus each year of 15,000 Points.
The MBNA Rewards Platinum Plus® Mastercard® is one of Canada’s best no-annual-fee credit cards.
With this card, you can earn 2 points per dollar on:
And 1 point per dollar everywhere else. This is the best MBNA credit card with no annual fee.
For a limited time, you can get 10,000 welcome bonus points, a $100 value on travel purchases charged to your Card.
With the MBNA Rewards World Elite® Mastercard®, you can earn :
While with the MBNA Rewards Platinum Plus® Mastercard®, you can get:
Here are examples of businesses to earn rewards points at grocery stores, lunchbox memberships and restaurants:
And since these credit cards offer between 2 and 5 points per dollar for digital media and utility subscriptions, it’s perfect if you are a subscriber to:
At Walmart supercentres, you can buy groceries and earn:
Unlike Visa and American Express credit cards, Mastercard credit cards treat Walmart supercentres like grocery stores!
The MBNA Rewards World Elite® Mastercard® and the MBNA Rewards Platinum Plus® Mastercard® are Mastercard network credit cards.
This means that they will be accepted for purchases made at Costco and you will be able to earn 1 point per dollar.
Each year, you’ll receive Birthday Bonus Points from MBNA Rewards, equal to 10% of the total number of Points the account earned in the 12 months before the month of the primary cardholder’s birthday, to a maximum Birthday Bonus each year of 15,000 Points.
This mathematically increases your return in MBNA Rewards points on all your purchases.
With the MBNA Rewards World Elite® Mastercard®, you can earn with this 10% anniversary bonus:
While have the MBNA Rewards Platinum Plus® Mastercard®, you can get through this 10% birthday bonus :
You can redeem your MBNA Rewards points to earn cash back through credit card statement credit.
The rate at which MBNA Rewards points are used will vary depending on your MBNA credit card:
So when you earn 5 points per dollar at the grocery store with the MBNA Rewards World Elite® Mastercard®, and redeem your MBNA Rewards points for cash back, it’s like earning 4.15% cash back.
Not to mention the 10% anniversary bonus on all points earned in the previous 12 months (up to a maximum of 15,000 points). That brings your cash-back rate at the grocery store up to 4.56%!
The best way to redeem MBNA Rewards points is to purchase travel.
You’ll be able to redeem your MBNA Rewards points at a rate of 1,000 points = $10, or 1 cent per point.
The second best way to redeem MBNA Rewards points is for gift cards.
Via the MBNA Rewards platform, you can redeem your MBNA Rewards points to get two types of gift cards:
From what we’ve seen, redeeming MBNA Rewards Points that way, you will get:
The third best way to redeem MBNA Rewards points is to get products through the MBNA Rewards platform.
From what we’ve seen, the rate at which your MBNA Rewards points are used to get products will be approximately 0.85 cents per point.
These MBNA Rewards credit cards offer several insurance coverages.
In terms of Mobile Device Insurance, the MBNA Rewards World Elite® Mastercard® and the MBNA Rewards Platinum Plus® Mastercard® both offer this coverage.
Coverage of up to $1,000 in the event of loss, theft, accidental damage or mechanical failure of your eligible mobile device.
To benefit from this protection, you must use one of these MBNA Rewards Mastercard credit cards to:
The MBNA Rewards World Elite® Mastercard® offers insurance coverage for your travels:
The MBNA Rewards World Elite® Mastercard® and the MBNA Rewards Platinum Plus® Mastercard® offer 90 days’ purchase insurance. In addition, they both provide an attractive extended warranty. The extended warranty doubles the manufacturer’s written warranty on most new purchases made with this card.
The MBNA Rewards World Elite® Mastercard® stands out by offering a Price Protection service for 60 days following the date of purchase. This refers to an eligible item paid for with your card where you find it at a lower price in Canada after purchase.
The choice is yours!
The MBNA Rewards World Elite® Mastercard® is for people with incomes over $80,000 who want a fast accumulation of rewards points at grocery stores, restaurants and monthly memberships. Also, it offers travel insurance with an annual fee of $120. Its welcome bonus will give you up to $165 in reward points.
While the MBNA Rewards Platinum Plus® Mastercard® has no annual fee and no minimum income requirement. This credit card does not have travel insurance but does offer an attractive extended warranty. Its welcome bonus will give you up to $50 in reward points.
Savings are here:
