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7 Best MBNA Credit Cards in Canada for January 2026
Published Dec 15, 2025 11:41 AM • 7 min read
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Credit Card ExpertThere are many MBNA credit cards just waiting to optimize your spending. Whether you’re looking for competitive and flexible reward programs, travel benefits, low-interest perks or no annual fees, MBNA is stocked with a few solid options.
Data-driven rankings of 120+ credit cards using a proprietary algorithm
Comprehensive analysis using 25+ data points including terms and conditions, points programs, and more
Objective editorial approach - we strive for unbiased reviews following our editorial guidelines
FinlyWealth's credit cards content, including rankings and recommendations, is overseen by a team of engineers and writers who specialize in credit cards, banking, and personal finance. Our work has been featured in The Globe and Mail, GoBankingRates, and AOL. Our proprietary analysis systems evaluate product features, terms, and conditions to deliver comprehensive reviews and comparisons while maintaining strict editorial standards for accuracy and integrity.
MBNA Rewards World Elite® Mastercard®: Best Overall
MBNA True Line® Mastercard®: Best Balance Transfer
MBNA True Line® Gold Mastercard®: Best Permanent Low Interest
MBNA Rewards Platinum Plus Mastercard®: Best No Annual Fee
MBNA Smart Cash Platinum Plus® Mastercard®: Best Accessible Coverage + Cashback
MBNA Smart Cash® World Mastercard®: Best Accessible Price Protection + Cashback
Amazon.ca Rewards Mastercard®: Best Amazon
Best MBNA Credit Cards in Canada
Our choice for: Best Overall
APPLY NOW
on MBNA's website
Welcome Bonus
Up to 30,000 points ($245 in cash back value or $300 when redeemed for MBNA Travel)††
Annual Fee
$120
Interest Rates
21.99% / 22.99%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
5/5
The MBNA Rewards World Elite® Mastercard® is one of the best reward credit cards in Canada, offering high rewards on frequently spent categories such as groceries and restaurant purchases. The annual birthday bonus, unique to this card, also provides a significant boost to your yearly earnings. Additionally, the card features a comprehensive list of benefits, including price protection—a rare and valuable perk not found with many other cards in Canada. These factors make this card one of the best to have in Canada.
Awards & Recognition
Best Rewards Credit Card
2026
Pros
- High grocery optimization
- High dining optimization
- Annual birthday bonus
- Solid travel insurance
- Rare price protection
- Good redemption values
Cons
- Missing key insurance categories
- Low gas optimization
- Annual fee
- High income requirements
Rewards
- Earn 5 points‡ for every $1 spent on eligible restaurant, grocery, digital media, membership, and household utility purchases until $50,000 is spent annually in the applicable category.
- 1 point‡ for every $1 on all other eligible purchases.
- 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 the primary cardholder's birthday, to a maximum Birthday Bonus each year of 15,000 Points.
Insurance
Coverage
Mobile Device Insurance
$1000
Purchase Protection
Up to 90 days
Extended Warranty
Up to a year.svg)
Car Rental Damage & Theft
31 days
Flight Delay
$500/person after 4 hours
Common Carrier Travel Accident Insurance
$1,000,000
Travel Medical Insurance
$2M for 21 days
Lost or Stolen Baggage
$1000/personBaggage Delay
$1000/person
Benefits
Details
Annual Birthday Bonus
10% of the Points earned the 12 months prior to the primary cardholder's birthday month (up to a max 15,000 bonus points per year)
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Trip and legal Assistance
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Concierge Services
Price Protection
$500/item, $1000/account per year
Eligibility
Credit Score
GoodAnnual Income
$80,000 personal or $150,000 household
**, ††, ‡, ✪, ***, ††††, Terms and Conditions apply.
This offer is not available for residents of Quebec.
Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button.
The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Check here for full details and current product information.
Our choice for: Best Balance Transfer
APPLY NOW
on MBNA's website
Welcome Bonus
0% rate on balance transfers for 12 months (3% fee applies). Not available for residents of Quebec.†
Rewards Rate
0%
Annual Fee
$0
Interest Rates
12.99%* / 24.99%*
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
5/5
Even though this card offers no benefits or rewards, the amount you can save on interest is substantial, making it an excellent option for reducing your monthly payments.
Awards & Recognition
Best Balance Transfer Credit Card
2026
Pros
- No annual fee
- Balance transfer intro offer
- Low purchase interest rates
- Credit transfers
- Fraud protection
- Car rental discounts
Cons
- Flat transfer fee
- No rewards
- No coverage
Rewards
- No rewards earned on purchases.
- Standard Annual Interest Rates of 12.99% on eligible purchases, 17.99% on balance transfers✪, and 24.99% on cash advances.
- You could get a 0% promotional annual interest rate (“AIR”)† for 12 months on balance transfers✪ completed within 90 days of account opening, with a 3% transfer fee. This offer is not available for residents of Quebec.
- Use available credit on your credit card to transfer funds right to your chequing account.
- Around-the-clock fraud protection.
Benefits
Details
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Eligibility
Credit Score
GoodAnnual Income
N/A
*†, ✪, Terms and Conditions apply. This offer is not available for residents of Quebec. Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button. The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Balance transfers will be fulfilled in the order listed and are treated as balance transfers in accordance with your Account Agreement. The total value of balance transfers cannot exceed your authorized credit limit. If the value is greater, MBNA may send a partial payment to the named creditor/designated account. THERE WILL BE A TRANSACTION FEE EQUAL TO 3.00% OF THE DOLLAR AMOUNT OF EACH BALANCE TRANSFER INITIATED WITH THIS APPLICATION. A MINIMUM FEE OF $7.50 WILL APPLY TO EACH BALANCE TRANSFER TRANSACTION. A balance transfer may not be used to pay off or down your account balance or any other balances with us (including our affiliates, which would include any member of the TD Bank Group). Important Notice: Effective September 25, 2025: If the Balance Transfer fee is less than $3.50, we will charge a minimum Balance Transfer fee of $3.50. Check here for full details and current product information.
Our choice for: Best Permanent Low Interest
APPLY NOW
on MBNA's website
Welcome Bonus
N/A
Rewards Rate
0%
Annual Fee
$39
Interest Rates
10.99% / 24.99%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.9/5
A great card for having a permanently low interest rate on your purchases and balance transfers, however you do not earn any rewards.
Pros
- Low purchase interest rate
- Low balance transfer rate
- Fraud protection
- Car rental discounts
- Trip and legal assistance
- Credit transfers
Cons
- High cash advance rate
- No rewards
Rewards
- No rewards earned on purchases
- Standard Annual Interest Rates of 10.99% on purchases, 13.99% on balance transfers✪, and 24.99% on cash advances
- Use available credit on your credit card to transfer funds right to your chequing account.
- Around-the-clock-fraud protection
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Doubled up to 1 year
Benefits
Details
Trip and legal Assistance
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Eligibility
Credit Score
GoodAnnual Income
N/A
*✪, Terms and Conditions apply. This offer is not available for residents of Quebec. Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button. The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Check here for full details and current product information.
Our choice for: Best No Annual Fee
APPLY NOW
on MBNA's website
Welcome Bonus
Up to 10,000 bonus points†† + 4x points on restaurant, grocery, digital media, membership and household utility purchases††
Annual Fee
$0
Interest Rates
21.99% / 22.99%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.4/5
The MBNA Rewards Platinum Plus MasterCard is a solid no-annual-fee card choice with high returns on restaurant and grocery purchases, which are the most common spending categories for most people. Additionally, it offers one of the highest signup bonuses for a no-annual-fee card. However, there are two main considerations before choosing this card. If you are open to a card with an annual fee, many other cards offer better rewards. Furthermore, the points earned need to be used for travel to fully benefit from this card; otherwise, if you are not planning to use the points for travel, you are better off with a cashback or another type of card.
Pros
- Top no-fee contender
- Impressive optimization
- Generous welcome bonus
- Annual birthday bonus
Cons
- Low non-travel value
- Relatively weaker reward rates
Rewards
- Earn 4 points†† for every $1 spent on eligible restaurant, grocery, digital media, membership and household utility purchases during the first 90 days (these earn rates apply until $10,000 is spent annually in the applicable category)
- 2 points‡ for every $1 spent on restaurant, grocery, digital media, membership and household utility purchases (these earn rates apply until $10,000 is spent annually in the applicable category)
- 1 point‡ for every $1 spent on all other eligible purchases
- Each year, you will receive Birthday Bonus Points‡ equal to 10% of the total number of Points earned in the 12 months before the month of your birthday, to a maximum Birthday Bonus each year of 10,000 Points
Insurance
Coverage
Mobile Device Insurance
$1000Purchase Protection
Up to 90 daysExtended Warranty
Up to a year
Benefits
Details
Annual Birthday Bonus
10% of the Points earned the 12 months prior to the primary cardholder's birthday month (up to a max 10,000 bonus points per year)Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Eligibility
Credit Score
GoodAnnual Income
N/A
*‡, ††, ✪, ***, Terms and Conditions apply. This offer is not available for residents of Quebec. Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button. The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Check here for full details and current product information.
Our choice for: Best Accessible Coverage + Cashback
APPLY NOW
on MBNA's website
Welcome Bonus
Up to 5% cash back††
Annual Fee
$0
Interest Rates
21.99% / 22.99%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.2/5
The MBNA Smart Cash Platinum Plus Mastercard is a solid no-fee card for those looking to earn rewards on everyday essentials like gas and groceries. However, with a cap on rewards and a low base earn rate on other purchases, it may not be the best fit for high spenders outside of these categories.
Pros
- High intro grocery optimization
- High intro gas optimization
- Decent ongoing earn rates
- Comprehensive insurance
- No annual fee
- Car rental insurance
- Car rental discounts
Cons
- Low base earn rate
- Cashback spending caps
Rewards
- Get 2% Cash Back‡ on eligible gas and grocery purchases (until the total gas and grocery purchases in the applicable month reaches $500)
- Get 0.5% Cash Back‡ for all other eligible purchases
Insurance
Coverage
Purchase Protection
Up to 90 daysExtended Warranty
Up to a yearCar Rental Damage & Theft
Up to 31 days
Car Rental Accident
$300,000.svg)
Car Rental Personal Effects
$1,000Common Carrier Travel Accident Insurance
$1,000,000Car Rental Personal Effects
$1,000/person, $2,000 occurrence
Benefits
Details
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationallyTrip and legal Assistance
Support for emergency cash transfer, lost document and ticket replacement, lost baggage assistance, pre-trip information and legal assistance while traveling
Eligibility
Credit Score
GoodAnnual Income
N/A
*‡, ††, ✪, Terms and Conditions apply. This offer is not available for residents of Quebec. Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button. The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Check here for full details and current product information.
Our choice for: Best Accessible Price Protection + Cashback
APPLY NOW
on MBNA's website
Welcome Bonus
Up to 5% cash back††
Annual Fee
$39
Interest Rates
21.99% / 22.99%
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660Good
725⁎Very Good
760⁎Excellent
3.1/5
The MBNA Smart Cash World Mastercard offers decent rewards, especially with its 5% introductory rate on gas and groceries. However, the income requirements and spending caps may limit its appeal to higher earners. If you want flexible rewards and strong insurance coverage, it's a solid option with a low annual fee of $39.
Pros
- High intro grocery optimization
- High intro gas optimization
- Decent ongoing earn rates
- Comprehensive insurance
- Flexible redemptions
- Rare price protection
- Car rental discounts
Cons
- Income requirements
- Reward caps
Rewards
- Get 2% Cash Back‡ on eligible gas and grocery purchases (until the total gas and grocery purchases in the applicable month reaches $500)
- Get 1% Cash Back‡ for all other eligible purchases
Insurance
Coverage
Purchase Protection
Up to 90 daysPrice Protection
$500/item, $1,000/yearExtended Warranty
Up to a yearCar Rental Damage & Theft
Up to 31 daysCar Rental Accident
$200,000Car Rental Personal Effects
$1,000/person, $2,000/occurenceCommon Carrier Travel Accident Insurance
$1,000,000
Benefits
Details
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationallyTrip and legal Assistance
Support for emergency cash transfer, lost document and ticket replacement, lost baggage assistance, pre-trip information and legal assistance while traveling
Eligibility
Credit Score
Very GoodAnnual Income
$50,000 personal or $80,000 household
* ‡, ††, ††††, ✪, Terms and Conditions apply. This offer is not available for residents of Quebec. Sponsored advertising. MBNA is a division of The Toronto-Dominion Bank (TD) and TD is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete information on this MBNA credit card, please click on the “Apply Now” button. The Toronto-Dominion Bank is the issuer of this credit card. MBNA is a division of The Toronto-Dominion Bank. ®MBNA and other-trademarks are the property of The Toronto-Dominion Bank. Check here for full details and current product information.
Our choice for: Best Amazon
APPLY NOW
on MBNA's website
RECOMMENDED CREDIT SCORE
300Poor
560Fair
660⁎Good
725⁎Very Good
760⁎Excellent
3.1/5
If you are a Prime member and want to maximize your cashback on your Amazon purchases, then this card is the best option for that specific purchase category. However, for other purchases, many other cards offer better benefits and rewards.
Pros
- Impressive Prime optimization
- Foreign currency cashback
Cons
- Low non-Amazon optimization
- Limited benefits
Rewards
- 2.5% cashback on Amazon.ca, Whole Foods and foreign currency transactions IF a prime member
- Only 1.5% on Amazon.ca and Whole foods and 1% on foreign currency transactions IF not a prime member
- 1% cashback on everything else
Insurance
Coverage
Purchase Protection
90 daysExtended Warranty
Up to a year
Benefits
Details
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A CarTrip and legal Assistance
Yes
Eligibility
Credit Score
GoodAnnual Income
N/A
From our Editors: The Full List of Best MBNA Credit Cards in Canada
Best Overall: MBNA Rewards World Elite Mastercard
Our highest-rated MBNA credit card is the MBNA Rewards World Elite Mastercard, one of the best grocery credit cards in Canada and best rewards credit cards in Canada. Cardholders earn competitive points on popular spend categories like restaurant, grocery, digital media, membership, and household utility purchases. This impressive rewards program is paired with one of the best spreads of insurance policies, complete with useful coverages like mobile device insurance, car rental damage and theft insurance, and travel accident insurance. Enjoy valuable add-ons like car rental discounts at Avis Rent A Car and Budget Rent A Car, trip and legal assistance, price protection, and most importantly, an annual birthday bonus. Learn more in our MBNA Rewards World Elite Mastercard Review.
Best Balance Transfer: MBNA True Line Mastercard
Sure, the MBNA True Line Mastercard won’t earn you any fancy rewards, comprehensive coverage or added benefits, but it will support you best when you carry a balance. Notably, this MBNA option has all-time-low interest rates on purchases. Balance transfer rates are decent most of the time, but they’re their lowest in the first year of membership, and by low we mean non-existent, making it one of the best balance transfer credit cards in Canada. It's also one of the only credit cards with 0% interest credit cards making it one of Canada's best 0% interest credit cards. Get the full details in our MBNA True Line Mastercard Review.
Best Permanent Low Interest: MBNA True Line Gold Mastercard
For a small annual fee, the MBNA True Line Gold Mastercard provides permanently low interest rates on purchases and balance transfers, although it doesn't offer a zero-interest promotional period like the MBNA True Line Mastercard. Still, this contender comes with standard purchase protection and extended warranty insurance, plus car rental discounts and trip and legal assistance. See more in our MBNA True Line Gold Mastercard Review.
Best No Annual Fee: MBNA Rewards Platinum Plus Mastercard
If you’re looking for something annual-fee-free that’s slightly similar to the MBNA Rewards World Elite Mastercard, opt for the MBNA Rewards Platinum Plus Mastercard. The MBNA Rewards Platinum Plus Mastercard earns you slightly less points per dollar spent on restaurant, grocery, digital media, membership, and household utility purchases. The insurance coverage is limited, offering only mobile device insurance, purchase protection insurance, and extended warranty coverage. There are also fewer benefits on this no-fee alternative, but you’ll still get that annual birthday bonus and car rental discounts at Avis Rent A Car and Budget Rent A Car. You also don’t have to worry about any income requirements, making the card much more accessible. Read more in our MBNA Rewards Platinum Plus Mastercard Review.
Best Accessible Coverage + Cashback: MBNA Smart Cash Platinum Plus Mastercard
With this card, collect decent cashback on eligible gas and grocery purchases. The only downside is that once you meet your monthly spend cap on these categories, your reward rate will drop to the base rate, which is below average. It's also important to note that when users opt for a statement credit from the MBNA Rewards Platinum Plus Mastercard, they can earn better "cash back" from their points than they would from the cashback rates of the MBNA Smart Cash Platinum Plus Card. Still, for a no-fee card, the MBNA Smart Cash Platinum Plus Card comes with good insurance coverage, with notable inclusions like trip interruption insurance, car rental personal effects insurance, and car rental accident insurance. You’ll also receive two solid benefits; car rental discounts at Avis and Budget locations, plus trip and legal assistance. Discover more in our MBNA Smart Cash Platinum Plus Card Review.
Best Accessible Price Protection + Cashback: MBNA Smart Cash World Mastercard
For a low annual fee, the MBNA Smart Cash World Mastercard earns cardholders decent cashback rates on gas and groceries, plus plenty of coverage, including valuable price protection insurance. This rewards program and coverage accompanies perks like car rental discounts and trip and legal assistance. Learn more in our MBNA Smart Cash World Mastercard Review.
Best Amazon: Amazon.ca Rewards Mastercard
The Amazon.ca Rewards Mastercard, one of the best store credit cards in Canada, is particularly beneficial for Amazon Prime members. As a member, you'll receive solid cashback on Amazon.ca, Whole Foods, and foreign currency transactions. If you’re not a Prime member, you’ll still earn cashback rates on these spend categories, but they’ll be less impressive. The coverage on this card is standard, offering purchase protection and extended warranty insurance. For benefits, you’ll get a car rental discount off the base rate of rentals at Avis Rent A Car and Budget Rent A Car locations. You’ll also have trip and legal assistance, which provides emergency cash transfers, lost document and ticket replacements, and legal help while abroad. Find out more in our Amazon.ca Rewards Mastercard Review.
Pros and Cons of MBNA Credit Cards in Canada
To help you decide whether an MBNA credit card is right for you, we put together this list of pros and cons:
Pros | Cons |
|---|---|
|
|
How to Select the Right MBNA Credit Card
Choosing the right MBNA Credit card comes down to your spending habits and financial status.
For the most well-rounded high value rewards, apply for the MBNA Rewards World Elite Mastercard.
If you happen to carry a balance and plan on paying it off within a year, opt for the MBNA True Line Mastercard.
Cardholders who constantly fill their Amazon cart can also consider the Amazon.ca Rewards Mastercard, especially if they're an Amazon Prime member.
How to Apply for an MBNA Credit Card
To apply for any of the MBNA credit cards above, simply tap the "Apply Now" button featured below your credit card of choice. From there, you'll be redirected to the official MBNA website to begin the application process. Credit card applications typically ask for personal information (such as your birthdate, email, and address) and financial information (like your annual income).
Frequently Asked Questions
The best MBNA credit card for you is one that complements your spending habits. If the card you're eyeing happens to have an annual fee, you'll also want to make sure you use all of its perks and collect as many rewards as possible to extract the most value.
MBNA is a division of the The Toronto-Dominion Bank, otherwise known as TD.
Currently, all MBNA credit cards are networked by Mastercard.
About the author
Sara Skodak
Lead Writer
Since graduating from the University of Western Ontario, Sara has built a diverse writing portfolio, covering topics in the travel, business, and wellness sectors. As a self-started freelance content ...
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Kevin Shahnazari
Credit Card Expert
Kevin started FinlyWealth and juggles a bit of everything—digging into data, running our marketing, and keeping the finances on track. Before this, he spent years as a data scientist at tech companies...
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Abid Salahi
Credit Card Expert
Abid leads the design and engineering of the FinlyWealth website, making sure everything runs smoothly and looks great. He’s a seasoned software engineer who follows best practices and designs interfa...
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