MBNA Rewards World Elite® Mastercard®

MBNA Rewards World Elite® Mastercard®

APPLY NOW
mbna smart cash platinum plus mastercard

MBNA Smart Cash Platinum Plus® Mastercard®

APPLY NOW

MBNA Rewards World Elite® Mastercard® vs MBNA Smart Cash Platinum Plus® Mastercard®: Which one is better?


MBNA Rewards World Elite® Mastercard®

MBNA Rewards World Elite® Mastercard®

5


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

mbna smart cash platinum plus mastercard

MBNA Smart Cash Platinum Plus® Mastercard®

3.2


RECOMMENDED CREDIT SCORE*

300
Poor
560
Fair
660
Good
725
Very Good
760
Excellent

Finly Rebate

N/A

Rewards Breakdown

Annual Rewards

$657.62

MBNA Rewards


First Year Bonus Value

$300

MBNA Rewards


Annual Fee

$120


First Year Value

$837.62

$537.62 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Rewards Breakdown

Annual Rewards

$210

MBNA Rewards


First Year Bonus Value

$90

MBNA Rewards


Annual Fee

$0


First Year Value

$300

$210 in years after

Based on $2,000/mo average spending. Calculate your rewards.

Insurance Included*

  • car insurance

    Car Rental Damage & Theft

    31 days
  • heart lock

    Travel Accident

    $1,000,000
  • extended warranty

    Extended Warranty

    Up to a year
  • purchase protection

    Purchase Protection

    Up to 90 days

  • lost baggage

    Lost or Stolen Baggage

    $1000/person
  • hourglass timer

    Baggage Delay

    $1000/person
  • mobile device insurance

    Mobile Device Insurance

    $1000
  • travel accident medical

    Emergency Out of province Medical

    $2M for 21 days
  • hourglass timer

    Flight Delay

    $500/person after 4 hours

Insurance Included*

  • car insurance

    Car Rental Damage & Theft

    Up to 31 days
  • heart lock

    Travel Accident

    $1,000,000
  • extended warranty

    Extended Warranty

    Up to a year
  • purchase protection

    Purchase Protection

    Up to 90 days

  • car accident

    Car Rental Accident

    $300,000
  • luggage insurance

    Car Rental Personal Effects

    $1,000
  • luggage insurance

    Car Rental Personal Effects

    $1,000/person, $2,000 occurrence

Extra Benefits*

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
  • gavel

    Trip and legal Assistance


  • price protection

    Price Protection

    $500/item, $1000/account per year
  • birthday cake

    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)
  • concierge

    Concierge Services

Extra Benefits*

  • car rental

    Car Rental Discount

    10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
  • gavel

    Trip and legal Assistance

    Support for emergency cash transfer, lost document and ticket replacement, lost baggage assistance, pre-trip information and legal assistance while traveling

Interest Rates*

Purchase:

19.99%

Cash Advance:

24.99%

Balance Transfer:

22.99%

Interest Rates*

Purchase:

19.99%

Cash Advance:

24.99%

Balance Transfer:

22.99%

Annual Fee*

$120

Annual Fee*

$0

Income Required*

Min Personal Income:

$80,000

Min Household Income:

$150,000

Income Required*

Min Personal Income:

N/A

Min Household Income:

N/A

Welcome Bonus*

20,000 bonus points†† (approximately $165 in cash back value) after you make $2,000 or more in eligible purchases within the first 90 days of your account opening. 10,000 bonus points††(approximately $80 in cash back value) once enrolled for paperless e-statements within the first 90 days of account opening. This offer is not available for residents of Quebec.

Welcome Bonus*

Get 5% Cash Back†† on eligible gas and grocery purchases for the first 6 months (until the total gas and grocery purchases in the applicable month reaches $500)

Rewards Rate*

  • 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.

Rewards Rate*

  • 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

Loyalty Program*

Loyalty Program*

N/A

Point Redemption Options*

  • Most Optimal

    travel - plane

    Travel

    1¢ / point
  • gift card

    Gift Cards

    0.85¢ / point
  • cash coins

    Statement Credits (Cash) - World Elite

    0.83¢ / point
  • online shop

    Merchandise

    0.8¢ / point
  • cash coins

    Statement Credits (Cash) - Platinum

    0.5¢ / point

Point Redemption Options*

Not Applicable

Is this card worth it?

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.

Is this card worth it?

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

  • Both restaurants and groceries, two of the most commonly spent categories, earn the most rewards.
  • Great annual birthday bonus with up to $150 in value.
  • A solid list of travel insurance and benefits.
  • Price protection, a rare feature not offered by many other cards.
  • Good value for many of the card's redemption options.

Pros

  • 5% cash back on gas and groceries: Earn 5% cash back on gas and groceries for the first 6 months (up to $500 spent per month).
  • 2% ongoing cash back on gas and groceries: After the introductory period, continue earning 2% cash back on gas and groceries, up to $500 in combined monthly spend.
  • Comprehensive insurance: Includes 7 types of insurance, including rental car insurance.
  • No annual fee: Enjoy rewards without paying a fee.

Cons

  • Trip cancellation and interruption insurance, two great benefits are missing from this card.
  • Not the best card for gas purchases.

Cons

  • Low cash back on other purchases: Only 0.5% cash back on non-gas and grocery purchases.
  • Cap on gas and grocery rewards: The 2% cash back on gas and groceries is limited to $500 in monthly spend.

Legal


*††, ‡, ✪, ***, ††††, 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.
*‡, ††, ✪, 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.

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