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Compare MBNA Credit Cards

Take advantage of great MBNA credit card offers today.

MBNA

MBNA, headquartered in Ottawa, is a part of The Toronto-Dominion Bank and is one of Canada’s leading co-branded and affinity credit card providers. MBNA offers Canadians a selection of great credit cards to choose from, making it easy for you to pick the best credit card for your lifestyle.

When it comes to credit cards, MBNA may not be a brand that sticks out, but they have an incredible portfolio of cards. They’ll have something that meets your needs, from no fee to balance transfer cards, travel rewards to cash back and more. If you haven’t heard of MBNA, there’s a reason for it. They’re not splashy and aren’t trying to sell you on different products. They focus entirely on credit cards which is why some of their cards are so popular. TD acquired MBNA Canada back in 2011, so there’s no need to worry about the credibility of the company.

With more than a dozen credit cards from MBNA available, it can be hard to pick the right card for you. We’ve analyzed all of their cards and have figured out which are the best depending on your needs.

Our top picks
Credit card

Great features

Annual fee First-year value*
1. MBNA True Line® Mastercard®
  • No fee and a low interest rate
  • Low balance transfer rates
$0 $0
2. MBNA Rewards World Elite® Mastercard®
  • Earn 2 points per $1 spent on all purchases.
  • Get great insurance perks such as car rental theft insurance.
$120  $660
3. MBNA Smart Cash World® Mastercard®
  • Get 2% cash back on gas and grocery purchases.
  • Access travel insurance perks such as trip cancellation insurance.
$39 $396
4. MBNA Rewards Platinum Plus® Mastercard®
  • Earn at least one point per dollar everywhere you shop.
  • Redeem your points for a variety of great rewards.
$0  $503

Best Overall MBNA Credit Card: MBNA True Line® Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$0
+ Annual rewards
$0
- Annual fee
$0
Total first year value
$0
True Line® Mastercard® credit card

card image
Welcome bonus
$0
Annual rewards
$0
Annual fees:
$0
Interest rates:
12.99% on purchases • 24.99% on cash advances
One of the best options for those who want to focus on paying down existing credit card debt
Top rates for Balance Tranfers
Details at a glance Collapse details
Welcome bonus
$0
Annual rewards
$0
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$0
+ Annual rewards
$0
- Annual fee
$0
Total first year value
$0
Annual fees:
$0
Interest rates:
12.99% on purchases
24.99% on cash advances
One of the best options for those who want to focus on paying down existing credit card debt
Top rates for Balance Tranfers
Details at a glance Collapse details

Although the MBNA True Line® Mastercard® doesn’t offer any rewards, it’s the best overall MBNA credit card since it has a low interest rate and no annual fee.

This card is great for people looking to reduce their debt and pay less interest. The card features a standard annual interest rate of 12.99% on purchases and balance transfers. A balance transfer fee of 1% of the amount transferred does apply (minimum fee of $7.50). However, it’s worth considering this option as most credit cards have interest rates of 19.99%, considerably higher than this card.

Not getting any rewards will be disappointing to some people, but if you’re finding it difficult to make your payments or you want to reduce your debt, then the MBNA True Line® Mastercard® should be one of the first credit cards you research.

Credit score requirement for approval:

Good: To be approved for this card, you’re going to need a fair-good credit score, so 660 or higher.

Annual fee:

No annual fee

Other perks:

  • Save 10% off the base rates in Canada and the U.S., and a minimum of 5% off internationally at Avis Rent A Car and Budget Rent A Car locations

Best MBNA Travel Credit Card: MBNA Rewards World Elite® Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$300
+ Annual rewards
$744
- Annual fee
$120
Total first year value
$924
MBNA Rewards World Elite® Mastercard®

card image
Welcome bonus
$300
MBNA Rewards points
Annual rewards
$744
MBNA Rewards points
Annual fees:
$120
Interest rates:
19.99% on purchases • 24.99% on cash advances
Includes a great insurance package and unique benefits
Redeem your points for travel, statement credits and more
Details at a glance Collapse details
Welcome bonus
$300
Annual rewards
$744
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$300
+ Annual rewards
$744
- Annual fee
$120
Total first year value
$924
Annual fees:
$120
Interest rates:
19.99% on purchases
24.99% on cash advances
Includes a great insurance package and unique benefits
Redeem your points for travel, statement credits and more
Details at a glance Collapse details

Some credit cards make earning reward points complicated by offering more points for specific categories and fewer points for others. With the MBNA Rewards World Elite® Mastercard®, you can earn two points for every $1 spent on all purchases — simple and straightforward. This type of card is great for people who prefer a credit card that’s easy to understand and comes packed with benefits.

Credit score requirement for approval:

Good: You’ll need a credit score of 660 or higher to be approved for this card.

Annual fee:

$120

Limited time offer/bonus:

  • Get 20,000 points after you charge $2,000 to your card within 90 days of opening your account.
  • Get 10,000 points when you enroll for paperless e-statements within 90 days of opening your account.

Offer expiry date: N/A subject to change without notice

Rewards:

  • Earn two points for every $1 spent on all eligible purchases.

Earning potential:

How does this card stack up to other rewards credit cards? We crunched the numbers using our Best of Finance methodology to see how much an average Canadian could earn over a 12-month period.

Rewards earned over a 12-month period = 78,000 points
Monetary value = $780
Annual fee= $120
Total earned over the first year (rewards minus annual fee) = $660

Insurance:

  • Travel accident - $1,000,000
  • Trip interruption - $2,000
  • Car rental theft and damage
  • Extended warranty
  • Purchase assurance

Other perks:

  • Save on rental cars at participating Avis Rent A Car and Budget Rent A Car locations across the U.S. and Canada.
  • Pay the lowest possible price with the price protection service.

Best MBNA Cash Back Card: MBNA Smart Cash World Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$135
+ Annual rewards
$300
- Annual fee
$39
Total first year value
$396
MBNA Smart Cash® World Mastercard®

card image
Welcome bonus
$135
MBNA Cash Back Rewards
Annual rewards
$300
MBNA Cash Back Rewards
Annual fees:
$39
Interest rates:
19.99% on purchases • 24.99% on cash advances
Solid cashback card for those who speand less than $500 on gas and grocery per month
Very rare Price Potection insurance
Details at a glance Collapse details
Welcome bonus
$135
Annual rewards
$300
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$135
+ Annual rewards
$300
- Annual fee
$39
Total first year value
$396
Annual fees:
$39
Interest rates:
19.99% on purchases
24.99% on cash advances
Solid cashback card for those who speand less than $500 on gas and grocery per month
Very rare Price Potection insurance
Details at a glance Collapse details

If travel rewards don’t interest you, then the MBNA Smart Cash World® Mastercard® is something you want to consider. The annual fee of $39 is reasonable for a card that gives you concierge services and price protection, which are typically premium benefits. As for the earn rate, you get 2% cash back on gas and grocery purchases ($500 monthly combined spend cap) and 1% on all other purchases. When you look at all the other benefits included with the MBNA Smart Cash World® Mastercard®, it’s easy to see why it is popular.

Credit score requirement for approval:

Good: Like many MBNA cards, your credit score should be 670 or higher if you want to be approved.

Annual fee:

$39

Limited time offer/bonus:

  • Earn 5% cash back on gas and grocery purchases for the first six months, up to the $500 monthly combined spend cap.

Offer expiry date: N/A subject to change without notice

Rewards:

  • After the promotional period ends, earn 2% cash back on gas and groceries ($500 monthly combined spend cap) and 1% on all other purchases.

Earning potential:

How does this card stack up to other rewards credit cards? We crunched the numbers using our Best of Finance methodology to see how much an average Canadian could earn over a 12-month period.

Rewards earned over a 12-month period = $435
Annual fee= $39
Total earned over the first year (rewards minus annual fee) = $396

Insurance:

  • Rental vehicle collision damage waiver benefits
  • Extended warranty
  • Purchase assurance

Other perks:

  • Save 10% off the base rates in Canada and the U.S., and a minimum of 5% off internationally at Avis Rent A Car and Budget Rent A Car locations.
  • Pay the lowest possible price with the price protection service.

Best MBNA Rewards Card: MBNA Rewards Platinum Plus® Mastercard®

The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$163
+ Annual rewards
$340
- Annual fee
$0
Total first year value
$503
MBNA Rewards Platinum Plus® Mastercard®

card image
Welcome bonus
$163
MBNA Rewards points
Annual rewards
$340
MBNA Rewards points
Annual fees:
$0
Interest rates:
19.99% on purchases • 24.99% on cash advances
2021 Winner – Best No-Fee Travel Credit Card
Flexible rewards redeemable for travel or cash back
Details at a glance Collapse details
Welcome bonus
$163
Annual rewards
$340
The estimated dollar amount of benefits you’ll accumulate based on your monthly spending and rewards preference
+ Welcome bonus
$163
+ Annual rewards
$340
- Annual fee
$0
Total first year value
$503
Annual fees:
$0
Interest rates:
19.99% on purchases
24.99% on cash advances
2021 Winner – Best No-Fee Travel Credit Card
Flexible rewards redeemable for travel or cash back
Details at a glance Collapse details

Apply for the MBNA Rewards Platinum Plus® Mastercard® and get four times the MBNA Rewards points for every $1 spent on grocery, restaurant, digital media, membership, and household utility purchases for the first 90 days (about three months), up to the $10,000 spending cap in each of these categories annually.

According to our Best of Finance methodology, the average Canadian will see $503 in MBNA Rewards points within the first year.

Credit score requirement for approval:

Good: You’ve had a credit card or loan for at least six years. You’ve had good credit for the last seven years (no bankruptcies or defaults on credit as a result of failing to pay debts back to creditors). You haven’t opened a new credit card account, loan, or line of credit in the last nine months. You’ve made the minimum payments on any existing credit cards for the past three months.

Annual fee:

$0

Limited time offer/bonus:

  • Earn 4X the MBNA Rewards points for every $1 spent on eligible grocery, restaurant, digital media, membership, and household utility purchases for the first 90 days, subject to an annual cap of $10,000 spent in each category.
  • Get 5,000 bonus points when you make your first $500 in purchases within 90 days of opening the account. Get another 5,000 points when you enroll in paperless e-statements within the same period.

This offer is not available for residents of Quebec. For residents of Quebec, please click here.

Offer expiry date: N/A subject to change without notice

Rewards:

  • Earn two points for every $1 spent on eligible grocery, restaurant, digital media, membership, and household utility purchases, until $10,000 is spent in the category annually.
  • Earn one point for every $1 spent everywhere else you shop.

Earning potential:

How does this card stack up to other rewards credit cards? We crunched the numbers using our Best of Finance methodology to see how much an average Canadian could earn over a 12-month period.

Rewards earned over a 12-month period = 50,300 points
Monetary value= $503
Annual fee = $0
Total earned over the first year (rewards minus annual fee) = $503

You can redeem your points for:

  • Travel
  • Merchandise
  • Gift cards
  • Statement credits

Insurance:

  • Travel accident - $1,000,000
  • Unexpected return home - $2,00
  • Rental car accident - 2,000,000
  • Rental car personal effects - $1,000
  • Mobile device insurance
  • Purchase assurance
  • Extended warranty

Other perks:

  • Save on rental cars with AVIS Rent A Car and Budget Rent A Car across the U.S. and Canada.
  • Receive Birthday Bonus Points each year. Get 10% of the total number of points earned on the account in the 12 months before the primary cardholder's birthday, up to 10,000 points annually.

*Rates, product information, and reward estimates are subject to change at any time and do not constitute financial advice.

MBNA credit card rewards

The MBNA credit card rewards program allows you to earn, save and redeem rewards points for great rewards such as:

  • Travel rewards: You can utilize your MBNA rewards points for amazing travel rewards such as hotel stays, flights and car rentals, helping you save money when travelling.
  • Gift cards and merchandise rewards: Check out the MBNA Rewards catalogue to redeem your points for a variety of gift cards and merchandise. From home appliances to phones and tech accessories, the MBNA Rewards catalogue has something for everyone!
  • Cash back rewards: Redeem your MBNA reward points and apply them directly to your credit card balance. You can also choose to redeem for cash by cheque, a deposit to a chequing or savings account, or a donation to a charity of your choice.

MBNA credit cards are widely accepted around the globe, making them excellent for travelling. Use your credit card to pay for every purchase, tracking and managing each transaction safely. Every MBNA credit card is Chip & PIN enabled, helping secure all your purchases. You will also receive fraud alerts if your card information is misused.

Depending on which MBNA credit card you have, you’ll be covered by one of the following security policies:

  • Mastercard Zero Liability: As an MBNA Mastercard credit cardholder, you won’t be responsible for any unauthorized purchases made through your card in a store, over the telephone or online.
  • Visa Zero Liability: Safely use your MBNA Visa credit card anywhere – whether it’s for online payments or in-store purchases – you are protected from unauthorized use of your MBNA Visa credit card by the Visa Zero Liability policy.

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