MBNA True Line® Gold Mastercard® credit card Review

This offer is not available for residents of Quebec.

Regular Balance Transfer Rate
Purchase APR
Cash Advance Interest Rate
Annual Fee
Recommended Credit Score
740 850 670 739 580 669 0 579
Standard Annual Interest Rates of 8.99% on purchases, 8.99% on balance transfers✪and access cheques, and 24.99% on cash advances.

MBNA has retired its popular Platinum Plus Mastercard, but has introduced two excellent balance transfer credit cards to take over in its absence. Of the two, the MBNA True Line® Gold Mastercard® credit card offers favourable interest rates over other cards on the market, even if it does have a low $39 annual fee.

Notable Features

  • 8.99% interest rate on purchases and 8.99%✪ on balance transfers
  • Annual fee of $39
  • 24/7 customer service
  • Proactive fraud protection

The MBNA True Line® Gold Mastercard® credit card offers an attractive interest rate on both balance transfers—8.99%✪ and purchases—8.99%. This is a very rare feature for balance transfer cards: cardholders can not only consolidate debt and avoid high interest on it, but they can also use the card for their everyday purchases and not be harshly penalized. However, they should be cautioned to at least make the minimum payment each month. If a cardholder misses his or her minimum payment twice, interest rates on the card increase to what they’d otherwise look like on a standard credit card.

MBNA provides constant access to customer service via phone and online chat, so any issues that a cardholder encounters during their transfers or daily use can be addressed immediately. They also offer all cardholders around-the-clock protection from fraud, a service similar to those that scan statement entries in real-time and warn cardholders of suspicious activity.

MBNA True Line® Gold Mastercard® credit card Rates

CardPurchase RateCash Advance RateBalance Transfer Rate
MBNA True Line® Mastercard®12.99%24.99%12.99%
MBNA True Line® Gold Mastercard®8.99%24.99%8.99%

Who’s the Card For?

Those who are trying hard to reduce their credit card debt will naturally be averse to the idea of paying a $39 annual fee. In this case, they might instead be drawn to a no-fee balance transfer card, like the MBNA True Line® Mastercard® credit card. But before making that choice they should consider the very likely possibility that the lower interest rates of the MBNA True Line® Gold Mastercard® credit card will end up saving them far more than $39 in the long run.

✪, Terms and Conditions apply.

This offer is not available for residents of Quebec. 

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.

Author Bio

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