MBNA Canada’s Best Credit Cards – November 2024

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Here is a table summarizing the different offers. For more details, read on or click on the name of a card.

MBNA Rewards Credit Cards

MBNA Rewards World Elite® Mastercard®

With the MBNA Rewards World Elite® Mastercard®, you can earn 5 points per dollar of purchases for:

  • Dining purchases
  • Grocery purchases
  • Digital media purchases (Netflix, Spotify, etc.)
  • Memberships
  • Household utility purchases (electricity, etc.)

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.

MBNA Rewards Platinum Plus® Mastercard®

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:

  • Dining purchases
  • Grocery purchases
  • Digital media purchases (Netflix, Spotify, etc.)
  • Memberships
  • Household utility purchases (electricity, etc.)

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.

MBNA Smart Cash Platinum Plus® Mastercard®

The MBNA Smart Cash Platinum Plus® Mastercard® is one of the best cash-back credit cards with no annual fee in Canada.

With this card, you can get 2% on:

  • gas purchases
  • grocery purchases

Until the total gas and grocery purchases in the applicable month reaches $500. And 0.5% everywhere else.

For a limited time, you can earn 5% cash back for the first six months, a $150 value. This is the best no-fee MBNA credit card with cash back.

MBNA Balance Transfer Credit Card

MBNA True Line® Mastercard® credit card

The MBNA True Line® Mastercard® credit card is one of Canada’s best options for a low-cost balance transfer. It’s ideal for reducing interest charges and consolidating your debts onto one card.

With this card, you benefit from a 0% interest rate for 12 months on balance transfers made within 90 days of account opening. Transfer fees are a competitive 3%.

This card offers fraud protection, guaranteeing the security of your transactions.

If you want to transfer balances from high-rate cards, the MBNA True Line® Mastercard® credit card allows you to benefit from a 0% rate and pay off your debts at your own pace without high-interest charges during the promotional period.

In short, the MBNA True Line® Mastercard® credit card is an excellent choice for reducing debt and optimizing balance transfers.

Awards earned

Here are the awards received in the Milesopedia’s 2024 Credit Card Awards:

Best Credit Card For Everyday Spending

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The MBNA Rewards World EliteMD Mastercard® is the Best Credit Card For Everyday Spending in 2024 in Canada for these reasons:

  • 5 points per dollar for restaurants, groceries, digital media, subscriptions and household utilities
  • Easy redemption of points for a statement credit
  • Insurance
  • Accepted in all stores

Frequently Asked Questions about MBNA Credit Cards

Here are frequently asked questions in the milesopedia community about credit cards in Canada.

What is the best MBNA credit card in Canada?

MBNA offers several interesting Mastercard credit cards.

If you prefer cash-back credit cards, you could opt for the MBNA Smart Cash Platinum Plus® Mastercard®.

Finally, if you want low interest, you could get the MBNA True Line® Mastercard®.

It will be interesting to compare credit cards to determine which one is right for you.

Do MBNA credit cards have an annual fee?

Most MBNA credit cards have no annual fee.

MBNA offers different types of credit cards:

  • MBNA Rewards Credit Cards
  • MBNA Cash Back Credit Cards
  • MBNA balance transfer credit cards
  • MBNA Low interest Credit Cards

All of these credit cards have different benefits. Some offer purchase protection, for example.

What types of credit cards are offered by MBNA?

MBNA offers credit cards with and without an annual fee. Some MBNA credit cards offer bonus points for some spending categories such as grocery purchases or gas purchases.

What are MBNA cash back credit cards?

MBNA Mastercard cash back credit cards are :

With these two MBNA credit cards, you earn cash back on all your purchases including grocery purchases and other eligible purchases.

What are the MBNA travel rewards credit cards?

MBNA Mastercard credit cards with travel rewards are:

These are credit cards with a rewards program.

What are MBNA balance transfer credit cards?

MBNA Mastercard credit cards for balance transfers are:

And depending on the offers, you may be able to earn a promotional 0% interest rate for 12 months on balance transfers.

What are MBNA's low-interest credit cards?

MBNA Mastercard low-interest credit cards are:

For example, with the MBNA True Line® Mastercard®, the interest rates are as follows:

  • 12.99% interest rate for purchases
  • 24.99% interest rate for cash advances
  • 12.99% interest rate for balance transfers

And depending on the offers, you may be able to earn a promotional 0% interest rate for 12 months on balance transfers.

Try to avoid getting cash advances from your MBNA credit card account as the interest rate for cash advances is high.

What rewards are available with the MBNA Rewards program?

MBNA Rewards allows you to earn different types of rewards: travel rewards, products or gift cards from the MBNA Rewards catalogue, statement credit to your credit card account, etc.

Which credit bureau is checked by MBNA?

MBNA partners with Transunion to check your credit score to approve you for a Mastercard.

How do I contact MBNA Mastercard customer service?

You can contact MBNA Mastercard at 1-800-347-6262. Remember to log in to your MBNA credit card account during the call.

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