MBNA Rewards Platinum Plus Mastercard®
Rewards Calculator Algorithm
You can either estimate rewards by inputting your spending habits manually or creating secure bank connections through our trusted financial partner mx.com and letting Finly analyze your spending in the past year.
Total Spending
Modify your spending numbers and click update to get the most accurate reward estimates.
$0
Card Details
Annual Rewards
$326.88
MBNA - Platinum rewards
First Year Bonus
$143.44
MBNA - Platinum rewards
Annual Fee
$0
First Year Value
$470.32
$326.88 in years after
Interest Rates
Cash Advance: 24.99%
Purchase: 19.99%
Annual Fee
$0
Annual Income
Personal: N/A
Household: N/A
Credit Score
Good
Welcome Bonus
5000 points going paperless, 5000 points after spending 500 in 3 months, 2 extra points in the first 3 months for up to 20000 points for each category (Food, Groceries, Digital media, membership and household utility purchases)
Card Type
Reward: Points
Loyalty Program: MBNA Rewards
Our Rating
3.4/5
Institution
MBNA
Rewards
- 2 points on restaurant, grocery, digital media, membership, and household utility purchases (Maximum 20000 yearly)
- 1 point for everything else
MBNA Rewards Platinum Plus Mastercard® Points Calculator
Based on average spending
Rewards Ranking
Rewards Breakdown
Food and drinks
8,400 points
Groceries
8,256 points
DigitalGoods
240 points
Household Utilities
480 points
All other purchases
15,312 points
Net Annual Rewards
32,688 points
Valued at $326.88
Rewards Summary
Net Annual Rewards
32,688 points
Valued at $326.88
Welcome Bonus
14,344 points
Valued at $143.44
First Year Value
47,032 points
Valued at $470.32
Point Redemptions
Redemptions Chart
Travel
$470.32
Gift Cards
$390.37
Merchandise
$376.26
Statement Credits - Platinum
$235.16
Insurance & Benefits
Insurance
Coverage
Mobile Device Insurance
$1000
Purchase Protection
Up to 90 days
Extended 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
Pros & Cons
Pros
- One of the best no-annual-fee credit cards in Canada, both in terms of rewards and signup bonus. Both restaurants and groceries, two of the most commonly spent categories, earn decent rewards. Great annual birthday bonus with up to $100 in value.
Cons
- Points must be used for travel otherwise the points won't have much value
- There are better alternative cards both for cashback and paid cards that have higher reward rates