MBNA best credit cards

MBNA offers low interest credit cards, and its reward programs offer flexibility in redemption options at little cost. There are several MBNA cards in the market, so you may have a hard time choosing the best option for your needs. Whether you’re looking for a point, cash back or balance transfer card with a  low interest rate, here’s what you need to know about MBNA best credit cards in Canada. (See also: how to choose the best credit cards in three easy steps).

1. Harley-Davidson Mastercard Credit Card

MBNA Harley-Davidson Mastercard is a rewards credit card with no annual fee.

You earn one Genuine Rewards Point as a cardholder every time you spend $2 on eligible purchases. If you accumulate 2,500 points, you will receive a $25 Harley Chrome Cash certificate.

This is a branded MBNA card, so you can redeem the points you earn for merchandise from the legendary motorcycle company.

For balance transfers and cash advances, the annual interest rate on the Harley-Davidson Mastercard is 22.99% and 19.99%, respectively.

Cardholders also receive comprehensive insurance benefits with this card, and there is no annual fee.

2. MBNA Rewards Platinum Plus Mastercard

This is no doubt the best reward card by MBNA. The MBNA Rewards Platinum Plus Mastercard offers great rewards for everyday purchases with no annual fee.

 For the first 90 days, cardholders earn 4 points for every $1 spent on groceries, club memberships, restaurants, and household utilities.

After that, card holders earn 2 points per $1 spent in those categories. And 1 point per $1 spent on all other eligible purchases (up to $10,000 spent annually in each category). You can redeem points for merchandise, gift cards, or even cash back against a statement credit. But the best way to redeem MBNA Rewards points is for airfare and travel-related services like car rentals and hotels.

Click here to read the complete MBNA Rewards Platinum Plus Mastercard review.

3. MBNA True Line Gold Mastercard

The MBNA True Line Gold Mastercard gives cardholders a competitive low interest rate and exciting insurance coverage for a low annual fee of $39.

You’ll get a low rate of 8.99% on purchases and on balance transfers. However, the interest rate of 24.99% on cash advance for this card is quite high.

This card will benefit card holders looking to reduce their debt and pay less interest. This card can also help you save if you tend to carry a balance every month since it offers better interest rates than most credit cards.

4. MBNA Rewards World Elite Mastercard

MBNA Rewards World Elite Mastercard is another credit card with impressive rewards.

With the MBNA Rewards World Elite Mastercard, you can earn 5 points per dollar on categories such as dining, groceries, digital media etc. You will earn 1 point for every $1 spent on every other purchase.

The card also offers mobile device insurance. Mobile Device Insurance provides up to $1,000 for eligible mobile devices in case of loss, theft, accidental damage, or mechanical breakdown.

5. MBNA Alaska Airlines Platinum Plus Mastercard

With the MBNA Alaska Airlines Platinum Plus Mastercard, you could travel far and wide. Upon approval, you would be eligible for new Alaska Airlines benefits and earn more Mileage plan miles.

How much will you earn from miles?

You will earn three miles for every $1 charged to your Alaska Airlines Mastercard credit card on cargo services, tickets, and vacation packages from Alaska Airlines. And 1 mile for every $1 spent on other eligible purchases.

You can redeem Alaska Mileage Plan miles on global airline partners of Alaska Airlines to 900+ destinations.

This MBNA card has a low annual fee of $99. But to be approved, your annual income must be greater than $80,000. Or your annual household income must be $150,000 or greater.

Every year on your account anniversary, if you buy one round trip, you will get a companion fare of $121.

In conclusion

Although MBNA isn’t one of the most famous credit card brands, its portfolio of credit cards is impressive. They’ve got something for everyone, from no-fee cards to balance transfer cards, travel rewards, and cash back cards.

Please note: If you reside in Quebec, MBNA may have different offers, so when viewing their selection of cards, you must change your region to ensure you are seeing the correct information.

By Diane Bowen



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