3 Best MBNA Credit Cards in Canada for October 2026
Published Oct 16, 2026 8:13 PM • 3 min read
There 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.
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Best MBNA Credit Cards in Canada
Our choice for: Best Balance Transfer
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
5/5
Voted the Best Balance Transfer Credit Card by FinlyWealth, the MBNA True Line offers a 0 percent introductory balance transfer rate, a feature that very few credit cards in Canada provide, along with a very competitive transfer fee. Beyond the promotional period, it continues to stand out with one of the lowest ongoing purchase interest rates in Canada. With no annual fee, this card is an excellent choice for Canadians looking to reduce interest costs.
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
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
Our choice for: Best Permanent Low Interest
on MBNA's website
Welcome Bonus
N/A
Rewards Rate
0%
Annual Fee
$39
Interest Rates
10.99% / 24.99%
RECOMMENDED CREDIT SCORE
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 days
Extended 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
Our choice for: Best Amazon
on MBNA's website
Amazon Prime member?
Eligible customers unlock boosted rewards on this card
Welcome Bonus
Up to $150
Annual Fee
$0
Interest Rates
21.74% / 22.99%
RECOMMENDED CREDIT SCORE
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 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 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 |
|---|---|
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How to Select the Right MBNA Credit Card
Choosing the right MBNA Credit card comes down to your spending habits and financial status.
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.
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