MBNA Rewards World Elite® Mastercard® vs TD® Aeroplan® Visa Infinite Privilege* Credit Card
Which one is better? Both cards worked out on the same spending: rewards, welcome bonus, fees and perks, line by line.
Welcome bonus
Each offer as the issuer words it. The numbers below show whether your spending reaches it.
The offer
The offer
- 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. For residents of Quebec, please click here.
Up to $3,300 in value† including up to 100,000 Aeroplan points† and additional travel benefits could be yours. Conditions Apply.
- Earn a welcome bonus of 20,000 Aeroplan points when you make your first Purchase with your new Card†
- Earn an additional 30,000 Aeroplan points when you spend $12,000 within 180 days of Account opening†
- Plus, earn a one-time anniversary bonus of 50,000 Aeroplan points when you spend $24,000 within 12 months of Account opening†
Offer may be changed, withdrawn, or extended at any time and cannot be combined with any other offer unless otherwise indicated.
Additional Travel Benefits:
- Apply for the NEXUS program membership and once every 48 months get a partial application fee rebate (up to $100 CAD per eligible cardholder) †.
- Share free first checked bags for you and up to 8 travel companions† and get unlimited access to Maple Leaf Lounges† including complementary access for one guest.
- Plus, cardholders get 6 complimentary worldwide select airport lounge visits annually through the Visa Airport Companion Program†
What each card is worth
Rewards, the welcome bonus and any Finly rebate in, the annual fee and FX fees out, all on your spending.
Worked out on a typical $2,000 a month of spending. Enter yours to see your own numbers.
$772
First-year value
$329
$472
Every year after
-$51
MBNA Rewards World Elite is worth $443 more to you in year one.
It stays ahead after that, by $523 a year.
How the first year adds up
Annual rewards
$592.44
59,244 points a year
Welcome bonus
+ $300
first year only
Annual fee
− $120
First-year value
$772.44
Annual rewards
$548.34
28,860 points a year
Welcome bonus
+ $380
first year only
Annual fee
− $599
First-year value
$329.34
Where each card earns
A year of your spending at each card's own reward rates, most first.
5xAll categories with 5x multipliers
44,076 pts
$440.76
1xAll other purchases
15,168 pts
$151.68
1.5xAll other categories with bonus points
16,056 pts
$305.06
2xAir Canada
480 pts
$9.12
1xAll other purchases
12,324 pts
$234.16
Fees, rates and eligibility
What each card costs to hold and to use abroad, and who it's for.
Annual fee
Additional cards
Interest rates
Interest rates
Purchase:
21.99%
Cash Advance:
22.99%
Balance Transfer:
22.99%
Purchase:
21.99%
Cash Advance:
22.99%
Recommended credit score
Recommended credit score
Income required
Income required
Min Personal Income:
$80,000
Min Household Income:
$150,000
Min Personal Income:
$150,000
Min Household Income:
$200,000
How each card earns
The earn rates and caps, as each issuer sets them.
- 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.
- Earn 2 points† for every $1 spent on eligible purchases made direct through Air Canada® purchases (including Air Canada Vacations®)
- Earn 1.5 points† for every $1 you charge to your Card on eligible gas, electric vehicle charging, groceries, travel & transit and dining purchases.
- Earn 1.25 points† for every $1 spent on all other purchases made with your Card
- Earn points twice when you pay with your Card and provide your Aeroplan number at over 150 Aeroplan partner brands and at 200+ online retailers via the Aeroplan eStore (www.aeroplan.com/estore).
- Earn more at Starbucks: Link your eligible Card to earn 50% more Aeroplan points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.
Points and how we value them
Points become dollars at each card's best redemption. Here's the value we used, and every other way to spend them.
Loyalty program
Loyalty program
We count each point at 1¢ a point, what it's worth redeemed for Travel, its best value. Every dollar figure above uses that value.
We count each point at 1.9¢ a point, what it's worth redeemed for Flights, its best value. Every dollar figure above uses that value.
Point redemption options
Point redemption options
Most Optimal
Travel
1¢ / point
Gift Cards
0.98¢ / point
Merchandise
0.8¢ / point
Statement Credits (Cash) - World Elite
0.82¢ / pointStatement Credits (Cash) - Platinum
0.5¢ / point
Travel
0.825¢ / pointMerchandise
0.75¢ / pointGift Cards
0.72¢ / pointMost Optimal
Flights
1.9¢ / point
Car Rentals
0.9¢ / point
Insurance and perks
What both cards include comes first in each list.
Insurance
Insurance
Lost or Stolen Baggage
$1,000/person
Baggage Delay
$1,000/person.svg)
Car Rental Damage & Theft
31 days
Common Carrier Travel Accident Insurance
$1,000,000
Mobile Device Insurance
$1,000
Extended Warranty
1 year
Purchase Protection
90 days
Travel Medical Insurance (64 & under)
$2M for 21 daysFlight Delay
$500/person after 4 hours
Price Protection
$500/item, $1,000/account per year
Lost or Stolen Baggage†
$2,500/personBaggage Delay†
$1,000/person after 4 hoursCar Rental Damage & Theft†
48 daysCommon Carrier Travel Accident Insurance†
$500,000Mobile Device Insurance†
$1,500Extended Warranty†
2 yearsPurchase Protection†
120 daysTravel Medical Insurance (64 & under)†
31 daysFlight Delay†
$1,000/person after 4 hours
Hotel Burglary Insurance†
$2,500Travel Medical Insurance (65 to 75)†
4 days
Trip Cancellation†
$2,500/person, $5,000/trip
Trip Interruption†
$5,000/person, $25,000/trip
Perks
Perks
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
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 CarTrip and legal Assistance†
Concierge Services†
Visa Infinite Exclusive Benefits†
Airport Lounge - Dragon Pass†
6 Free complimentary visits
Companion Voucher†
Annual Worldwide Companion Pass from $99 to a max of $599 After spending $25,000 on your card.svg)
Status lift†
Reach Aeroplan Elite™ Status sooner by earning 1,000 Status Qualifying Miles and one (1) Status Qualifying Segment for every $5,000 of net purchasesStatus lift†
Complimentary upgrade to Avis® President's ClubStatus lift†
Primary Cardholders who also hold Aeroplan Elite Status can roll over up to 200,000 Status Qualifying Miles (SQM) beyond the status level for which they’ve qualified, from the prior qualification year to qualify for status the next year.Status lift†
Primary Cardholders who also hold Aeroplan Elite Status will benefit from an extra 12 months to use eUpgrade credits, for a total of 24 months from issuance.Status lift†
Diamond Status with Visa RSVP Rewards™ Benefit. Benefits at 60+ participating Sandman, Sandman Signature and Sutton Place Hotels from coast-to-coast in Canada and beyond..svg)
Free first checked bag†
First checked bag is free for primary cardholder on AirCanada flight and up to 8 guests
Extra points†
Link your eligible Card to earn 50% more Aeroplan points plus more Starbucks Stars. Redeem points for even more Stars. Conditions apply.Extra points†
Earn points twice at over 150 Aeroplan partner brands and over 200 online retailers through the Aeroplan eStoreExtra points†
Earn 2 Aeroplan points for every $1 you spend on eligible purchases with Rocky Mountaineer, Plus, cardholders could receive a GoldLeaf Upgrade, and a hotel room upgrade
Nexus Program Rebate†
up to $100 every 4 years
Priority Travel†
At Toronto, Vancouver, Ottawa and Montreal airports get benefits such as Priority Security lane, Complimentary valet, premium parking spots, priorioty taxi and limo lane and discount for parking.Priority Travel†
Get Priority Check-in, Priority Boarding and Priority Baggage Handling, Priority Airport Standby & Priority Airport Upgrades for you, your authorized users and up to 8 companions on the same flight (Only AirCanada)
Golf Benefit†
Troon Rewards Golf benefits like discounts at over 95 resorts and courses around the world plus access to select private clubs across the U.SAirport Lounge - Maple Leaf and AirCanada Cafes†
Unlimited Access for you and one guest
Our take
Why we like it
Why we like 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.
If you travel a lot throughout the year with Air Canada, the benefits of this card can significantly enhance your experience. It can help you achieve the next status level with Aeroplan and provide a better airport experience, therefore it can be worth the price tag. However, if you don't frequently fly with Air Canada, the benefits may not justify the card's expensive price tag.
Pros
Pros
- High grocery optimization
- High dining optimization
- Annual birthday bonus
- Solid travel insurance
- Rare price protection
- Good redemption values
- Elite Air Canada experience
- High insurance coverage
- Luxury perks
- Generous intro offer
Cons
Cons
- Missing key insurance categories
- Low gas optimization
- Annual fee
- High income requirements
- Low reward rates
- Limited airline flexibility
- High annual fee
- Limiting airport lounge brand
More comparisons
Other cards we've put each of these up against.
vs Amazon Rewards Mastercard
vs Amex Aeroplan Reserve
vs Amex Aeroplan®
vs Amex Cobalt
vs Amex Gold
vs Amex Green
vs Amex Platinum
vs Amex SimplyCash
vs BMO CashBack World Elite
vs MBNA True Line
vs MBNA True Line Gold
vs Neo World Elite® Mastercard – Gas & Grocery
vs PC World Elite Mastercard
vs RBC ION+ Visa
vs Rogers Red World Elite
vs Scotia Amex Gold
vs Scotia Momentum Visa Infinite +
vs Scotiabank Passport
vs Simplii Financial Visa Card
vs TD First Class Travel
vs Amex Aeroplan Reserve
vs Amex Cobalt
vs Amex Gold
vs Rogers Red World Elite
vs Scotia Momentum Visa Infinite +
vs Scotiabank Passport
vs TD Aeroplan Platinum
vs TD Aeroplan Visa Infinite
vs TD Cash Back Visa Infinite* Card
vs TD Cashback Visa
vs TD First Class Travel
vs TD Low Rate
vs TD Platinum Travel
vs TD Rewards Visa
Legal
*, ††, ‡, ✪, ***, ††††, Terms and Conditions apply.
This offer is not available for residents of Quebec. For residents of Quebec, please click here.
Standard Annual Interest Rates of 21.99% on eligible purchases, 22.99% on balance transfers✪, and 22.99% on cash advances
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.
†Terms and conditions apply.
Sponsored advertising. The Toronto-Dominion Bank (TD) is not responsible for the contents of this site including any editorials or reviews that may appear on this site. For complete and current information on this TD credit card, please click the Apply Now button.
