MBNA True Line® Mastercard® vs MBNA True Line® Gold Mastercard®: Which one is better?
MBNA True Line® Mastercard®
5
MBNA True Line® Gold Mastercard®
3.9
Finly Rebate
Finly Rebate
N/A
Rewards Breakdown
Annual Rewards
$0
First Year Bonus Value
$0
Annual Fee
$0
First Year Value
$0
Based on $2,000/mo average spending. Calculate your rewards.
Rewards Breakdown
N/A
Insurance Included*
N/A
Insurance Included*
Extended Warranty
Doubled up to 1 year
Purchase Protection
90 days
Extra Benefits*
Car Rental Discount
10% off base rate of Avis Rent A Car and Budget Rent A Car in Canada and US and 5% internationally
Extra Benefits*
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
Interest Rates*
Purchase:
12.99%1
Cash Advance:
24.99%1
Balance Transfer:
17.99%1
Interest Rates*
Purchase:
10.99%
Cash Advance:
24.99%
Balance Transfer:
13.99%
Annual Fee*
$0
Annual Fee*
$39
Income Required*
Min Personal Income:
N/A
Min Household Income:
N/A
Income Required*
Min Personal Income:
N/A
Min Household Income:
N/A
Welcome Bonus*
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.
Welcome Bonus*
N/A
Rewards Rate*
- 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.
Rewards Rate*
- 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
Is this card worth it?
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.
Is this card worth it?
A great card for having a permanently low interest rate on your purchases and balance transfers, however you do not earn any rewards.
Pros
- Great to reduce monthly interest payments during the promotional period.
- Low purchase interest rate for people planning to put some balance on their credit card.
Pros
- Low purchase interest rate for people planning to put some balance on their credit card.
Cons
- A flat fee has to be paid on the balance to make the transfer happen.
- Not a good card other for purposes other than balance transfer.
Cons
- High cash advance interest rate at 24.99%
- No rewards earned on purchases
Legal