MBNA Credit Card

Guide To MBNA Credit Card In Canada

One of the biggest brands of credit cards in Canada is the MBNA credit card. To live a financially healthy lifestyle in Canada, you need a good credit card. With a wide range of credit card options, MBNA has something that suits every individual from all walks of life. A lot of people already have an MBNA credit card in their wallet without realizing its potentials and benefits.

MBNA is a credit card issuer that has gone through several metamorphoses in terms of dishing out incredible credit cards of various options and categories, not only for Canadians but across the globe.

From Rewards credit cards to low interest or travel credit cards, the MBNA range of credit cards is an excellent addition worth having in your wallet.

About MBNA Credit Cards

As a leading credit card issuer in Canada, MBNA is a financial institution with an exclusive focus on credit cards.

MBNA Canada was acquired by the Toronto-Dominion Bank (TD Bank) in 2011 from the Bank of America to provide co-branded ad affiliated credit cards in Canada. MBNA issue credit cards of diverse options (MasterCard and Visa Card) that support several Canadian organizations, credit unions, sports associations, financial institutions, educational institutions, and charity organizations.

As a result, MBNA has several credit cards available for Canadians. However, each MBNA credit card is unique in its own right and picking out a good card that suits you can be a bit challenging.

Hence, here is a careful and thoughtful analysis of MBNA credit cards to help you make an informed decision.

Why MBNA Credit Card?

MBNA credit cards have promising benefits and perks to cardholders, such as:

  • 24 hours of customer service
  • Cash advance services
  • Emergency card replacement service
  • Emergency cash service with western union
  • Emergency cash transfer of up to $5000
  • Lost document and ticket replacement
  • The pre-trip information and legal assistance
  • Travel insurance benefits
  • Identity information protection
  • Purchase assurance and balance protection
  • Extended warranty benefits
  • Price protection within 60 days
  • Complimentary concierge services
  • Exclusive hotel services
  • Relatively low annual fees compared to other credit cards
  • Fantastic Rewards program

MBNA Credit Cards By Benefits

Best Balance Transfer Credit Cards

  • MBNA True Line MasterCard
  • MBNA True Line Gold MasterCard

Low-Interest Credit Cards

  • MBNA True Line MasterCard
  • MBNA True Line Gold MasterCard

No Annual Fee Cards

  • MBNA True Line MasterCard
  • MBNA Rewards Platinum Plus MasterCard
  • MBNA Smart Cash Platinum Plus MasterCard
  • Best Western Rewards MasterCard
  • Harley-Davidson MasterCard
  • ca Rewards MasterCard
  • Nordstrom Rewards Visa Card
  • The Royal Canadian Legion MBNA Rewards MasterCard

Cash Back Credit Cards

  • MBNA Smart Cash Platinum Plus MasterCard
  • MBNA Smart Cash World MasterCard
  • MBNA Rewards Platinum Plus MasterCard
  • MBNA Rewards World Elite MasterCard

Rewards Credit Cards

  • MBNA Rewards Platinum Plus MasterCard
  • MBNA Rewards World Elite MasterCard
  • MBNA Smart Cash Platinum Plus MasterCard
  • MBNA Smart Cash World MasterCard
  • ca Rewards MasterCard
  • Alaska Airlines World Elite MasterCard
  • Alaska Airlines Platinum Plus MasterCard
  • Best Western Rewards MasterCard
  • Harley-Davidson MasterCard
  • Nordstrom Rewards visa card
  • The Royal Canadian Legion MBNA Rewards MasterCard

Travel Credit Cards

  • MBNA Rewards Platinum Plus MasterCard
  • MBNA Rewards World Elite MasterCard
  • Alaska Airlines World Elite MasterCard
  • Alaska airlines platinum plus MasterCard
  • Best Western Rewards MasterCard

Retail and Store Credit Cards

  • ca Rewards MasterCard
  • Harley-Davidson MasterCard
  • Nordstrom Rewards visa card

MBNA Credit Cards Details

MBNA True Line MasterCard

This MBNA credit card is suitable for those looking for debt reduction, low transfer, low interest, and no annual fee card. This MBNA credit card comes with a fantastic welcome offer that gives you a zero percent (0%) promotional balance transfer rates for ten months, as long as the balance transfer is made within 90 days of account opening. After the promotional period, the interest rate returns to 12.99 percent.

Also, as a cardholder, this MasterCard allows you to transfer funds to your chequing account with the available credit on your True Line credit card. Other features of this card include:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 12.99%
  • Annual interest rate on cash advances: 24.99%
  • Annual interest rate on balance transfers and access cheques: 12.99%
  • Up to 9 additional users with no additional annual fee for each added authorized user

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

MBNA True Line Gold MasterCard

This card offers you a welcome bonus to save on interest by transferring a balance from a higher interest rate account. As a cardholder, you’ll enjoy a promotional zero percent balance transfer rate for the first six months. Features of this credit card include:

  • Low Annual fee: $39
  • Annual interest rate on purchases: 8.99%
  • Annual interest rate on cash advances: 24.99%
  • Annual interest rate on balance transfers and access cheques: 8.99%
  • Up to 9 additional users with no additional annual fee for each added authorized user

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

MBNA Rewards Platinum Plus MasterCard

This Rewards card provides a welcome offer of 5000 bonus points after you make $500 in eligible purchases within 90 days of account opening. There is also an additional 5000 bonus points when you enroll for paperless e-statements within 90 days – totaling 10,000 bonus points. Interestingly, the MBNA Rewards points earned on this credit card never expire, as long as your account is active. You can redeem the points for travel, cash backs, and more. Features and perks of this card are:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 24.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Up to 9 additional users with no additional annual fee for each added authorized user.
  • Earn 4x points for every $1 spent on eligible gas, grocery, and restaurant purchases in the first 90 days.
  • Earn 1 point for every $1 spent on all other eligible purchases

Eligibility: this card is open to Canadian residents that are of the age of majority in their province or territory of residence.

MBNA Rewards World Elite MasterCard

This Rewards card has 20,000 welcome bonus points for up to $2000 in eligible purchases and an additional 10,000 paperless bonus points for enrolling in paperless e-statements within 90 days of account opening. Thus, you earn 30,000 MBNA Rewards points. Also, your MBNA Rewards points never expire as long as your account is active. Other features of this credit card are:

  • Annual fee: $120
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 24.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Up to 9 additional users with no additional annual fee for each added authorized user
  • Earn 2 points for every $1 spent on all eligible purchases.

Eligibility:

  • This credit card is open to Canadian residents who are of the age of majority in their province or territory of residence.
  • Personal annual income is greater than $80,000 or annual household income greater or up to $150,000.

MBNA Smart Cash Platinum Plus MasterCard

This card has a welcome offer of 5 percent cash back on gas and groceries for the first six months (up to $500 monthly spends). Other features of this card include:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 24.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Up to 9 additional users with no additional annual fee for each added authorized user
  • Earn 2 percent on gas and groceries after the welcome bonus
  • Get 0.5 percent cash back on all other eligible purchases

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

MBNA Smart Cash World MasterCard

This card earns you 5 percent cash back on gas and groceries for the first six months for up to $500 a month as a welcome offer. There is also a rental vehicle collision insurance benefit. Other features of the card include:

  • Low Annual fee: $39
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 24.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Up to 9 additional users with no additional annual fee for each added authorized user
  • Earn 1 percent cash back on all other purchases

Eligibility:

  • This credit card is open to Canadian residents who are of the age of majority in their province or territory of residence.
  • Personal annual income greater than $60,000, or annual household income higher or up to $100,000

Amazon.Ca Rewards MasterCard

The amazon MasterCard earns you Rewards on all your purchases at amazon Canada stores, and other Whole Foods Market stores in Canada. As a welcome offer, you get 5 percent back for the first six months of your eligible purchases of $3000 worth of items at amazon.ca, Whole Foods Market stores, grocery stores, and restaurants. At the end of the welcome offer, eligible Prime members will get 2.5 percent back on eligible purchases at amazon.ca and Whole Foods Market stores. Other features and perks of this card include:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Non-prime members get 1.5 percent back on eligible purchases at amazon.ca and Whole Foods Market stores.

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

MBNA Alaska Airlines World Elite MasterCard

Cardholders here enjoy complimentary travel perks, and a welcome bonus of 30,000 bonus Miles after spending at least 1000 CAD on eligible purchases in the first 90 days of account opening.

You’ll also enjoy access to Alaska’s Famous Companion Fare for a $99 round trip with Alaska airlines. This card gives you VIP access to exclusive perks and offers. Other features and benefits of the card include:

  • Annual fee: $99
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Earn 3 Miles on every $1 spent on travel packages from the Alaska Airlines
  • Earn 1 Mile for every $1 spent on all other eligible purchases

Eligibility:

  • This credit card is open to Canadian residents who are of the age of majority in their province or territory of residence.
  • Personal annual income is greater than $80,000, or annual household income greater or up to $150,000.

Alaska Airlines Platinum Plus MasterCard

This travel credit card helps you to earn Miles on your purchases and save money on flights. You’ll also enjoy a welcome offer of 20,000 bonus Miles after spending 1000 CAD or more on eligible purchases within 90 days of account opening.  Cardholders also enjoy access to Alaska’s Famous Companion Fare. The features and perks of this card include:

  • Annual fee: $75
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Earn 3 Miles on every $1 spent on tickets, vacation packages, and cargo services from Alaska Airlines
  • Earn 1 Mile for every $1 spent on all other purchases

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

Best Western Rewards MasterCard

With a welcome offer of 20,000 Rewards points, this card is suitable for exquisite hotel benefits. Features and perks of this card include:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%
  • Earn 5 points for every $1 spent on eligible purchases at a Best Western property
  • Earn 1 point on every $1 spent on all other eligible purchases
  • Up to 9 authorized users with no additional annual fee.

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

Harley-Davidson MasterCard

This card earns you Rewards points for eligible purchases at participating Harley retailers. Other features of the card include:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

Nordstrom Rewards Visa Card

Get Rewards points for eligible purchases at a Nordstrom property. Features and perks include:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 22.99%

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

The Royal Canadian Legion MBNA Rewards MasterCard

Earn points towards cashback and travels, while also supporting Canadian veterans. Features of the card are:

  • Annual fee: $0 (no annual fee)
  • Annual interest rate on purchases: 19.99%
  • Annual interest rate on cash advances: 22.99%
  • Annual interest rate on balance transfers and access cheques: 24.99%

Eligibility: This card is open to Canadian residents that are of the age of majority in their province or territory of residence.

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