Best MBNA Credit Cards in Canada
MBNA is a financial institution that’s focused exclusively on credit cards, which might be why MBNA credit cards are among the best offered in Canada. They issue Mastercards and Visas, including cards that offer low or no annual fees, high rewards and loyalty points, or that support your favourite Canadian school, sports team, or charitable donations. Here are our top-rated MBNA credit cards.
Best MBNA Balance Transfer Card
If you’re carrying credit card debt on a high-interest card, you can save a lot of money by switching to the MBNA Platinum Plus. Although there’s a fee of 1% of the transfer amount (or $7.50, whichever’s higher) on every balance transfer, you then get 0% interest on the balance transfers for a full 12 months. You do have to remember to make all balance transfers within 90 days of getting the card in order to get this offer. Once the 12-month discount period ends, you’ll be paying a slightly higher than usual rate of 21.99% on your transferred balances, so use this time to pay them off.
Along with this low balance transfer offer, the Platinum Plus has no annual fee, basic travel insurance coverage, and rental car collision damage insurance as well as extended warranty and purchase protection.
You can learn more about the card by reading our full MBNA Platinum Plus review.
Best MBNA Travel Rewards Card
Travel rewards credit cards are always popular, but the MBNA Best Western Rewards is one of the best, especially for frequent travellers. With this card, you’ll earn 5 Best Western Rewards (BWR) points for every $1 you spend at a Best Western property and 1 BWR point per $1 spent elsewhere, making it easy to earn free stays. You’ll also get a 20,000-point welcome bonus, and you’ll be fast-tracked to Gold Elite Status to earn more points after your first eligible transaction. If you spend at least $10,000 in your first year of card membership, you’ll be upgraded to Diamond Elite status.
Along with great travel rewards, you’ll also get rental car collision damage insurance, travel protection including Common Carrier Accidental Death & Dismemberment Benefits of up to $1,000,000, lost luggage insurance, and extended warranty and purchase protection. On top of this, there’s no annual fee for the Best Western Rewards card and interest is a standard 19.99% on purchases and 24.99% on cash advances.
You can learn more about the card by reading our full MBNA Best Western Rewards Mastercard review.
Best Flexible MBNA Card
Credit card users who want flexibility from their credit card rewards will enjoy the Rewards World Elite card, which allows you to redeem your points for a whole variety of rewards – cash back, travel rewards, merchandise, gift cards, or to donate to charity. With the Rewards World Elite Mastercard, you can earn 2 points per $1 spent anywhere, which equals 2% in cashback. Plus, there’s a bonus of 10,000 points when you make your first eligible purchase. There are no travel blackout dates and no cap to the amount of points you can earn each year.
The annual fee of $89 is relatively low for a high-earning rewards card, although in order to qualify you do need a minimum individual income of $80,000 per year or $150,000 annual household income.
You can learn more about the card by reading our full MBNA Rewards World Elite Mastercard review.
Best MBNA No Annual Fee Card
We all love the chance to get something for nothing, and the MBNA Rewards Mastercard gives you exactly that. There’s no annual fee, plus you earn 1 MBNA reward point for every $1 spent on eligible transactions and get a bonus of 5,000 points after your first eligible purchase. 5,000 points are equivalent to $50 in cash back or a discount on an eligible travel booking.
You can redeem points for whatever you’d like – cash back, travel rewards, gift cards, merchandise, or charitable donations, without any travel blackout dates and no cap on the points you can earn.
You can learn more about the card by reading our full MBNA Rewards card review.
Best MBNA Lifestyle Rewards Card
Lifelong bikers and Harley-Davidson aficionados will love the Harley-Davidson Platinum Plus Mastercard. It lets you earn 1 Harley-Davidson™ Genuine Rewards point for every $1 you spend, plus one entry into the quarterly drawing to win a free Harley for every eligible purchase you make and the opportunity to redeem points for Harley Chrome cash that you can spend at Harley-Davidson retailers.
As well as Harley-Davidson points and perks, cardholders get rental car collision damage coverage, basic travel insurance that includes lost luggage assistance and lost document and ticket assistance, and extended warranty and purchase protection. There’s also no annual fee, and the regular balance transfer interest rate of 21.99% is reduced to 1.99% on all balance transfers for the first 10 months.
You can learn more about the card by reading our full MBNA Harley-Davidson Platinum Plus Mastercard review.
Best MBNA Card for Sports Fans
In addition to displaying your support for your team, Toronto Blue Jays MBNA Rewards cardholders can earn 1 MBNA Rewards point for every $1 spent on eligible purchases, a welcome bonus of 1,000 points after your first eligible purchase and can redeem points for unique Blue Jays experiences as well as for cash back, travel rewards, merchandise, gift cards, and donations to charity.
The Toronto Blue Jays MBNA Rewards card comes with no annual fee, perks like rental car collision damage coverage, basic travel insurance that includes lost luggage and lost ticket assistance, and extended warranty and purchase assurance.
Best MBNA Low-Interest Card
MBNA True Line Mastercard
For credit card holders who want to keep their credit card debt down, the MBNA True Line Mastercard is a good choice. The interest rate on balance transfers, purchases, and access cheques is only between 5.99% and 14.99%, depending on your credit score, and there is no annual fee at all. You can also add additional cardholders free of charge.
On top of these money-saving rates, the MBNA True Line Mastercard also offers cardholders purchase assurance and extended warranty, rental car collision damage coverage, lost luggage assistance, and basic travel protection.
You can learn more about the card by reading our full MBNA True Line Mastercard review.
Choose the Right MBNA Card for You
Whether you’re after high rewards or low fees, there’s an MBNA credit card that suits your circumstances. As long as you make sure to use your card responsibly, MBNA credit cards are a good choice for a financially healthy lifestyle.