MBNA Rewards World Elite® Mastercard®

Key facts

Annual fee

C$120

Purchase APR

21.99%

Network

MASTERCARD

Welcome offer

Welcome offer: Earn up to 30,000 bonus MBNA Rewards Points†† for cash back, gift cards and more. Conditions Apply.

Reward rates by category

Benefits and perks

• 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 and 10,000 bonus points (approximately $80 in cash back value) once enrolled for paperless e-statements within the first 90 days of account opening
• 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.
• Flexible rewards: Redeem points for cash back, brand-name merchandise, gift cards from participating retailers, charitable donations, and travel.
• Your MBNA Rewards Points never expire as long as your account is open and in good standing.
• Shop online with the MBNA Rewards Catalogue Through the MBNA Rewards Catalogue, you can redeem your points for travel, gift cards and brand-name merchandise.
• Apply points towards your MBNA Rewards credit card balance Redeem points towards a Statement Credit and apply it directly to your credit card balance. You also have the option to redeem for cash by cheque, a deposit to a chequing or savings account, or towards a donation to a participating charitable organization you select.
• Redemption values The redemption value for travel is 100 points per $1, while cash and charity donations are 120 points per $1. Merchandise and gift card point values are disclosed in the Rewards Catalogue.
• Trip Assistance and Legal Assistance Features include support for Emergency Cash Transfer, Lost Document and Ticket Replacement, Lost Baggage Assistance, Pre-trip Information and Legal Assistance while travelling.
• Rental Vehicle Benefits Includes Collision Damage Waiver Benefits providing coverage for up to 31 consecutive days for eligible auto rental damage.
• Travel Medical Insurance Up to $2 million of coverage for the first 21 days of your trip. Available for an insured person under 65 years of age.
• Delayed and Lost Baggage Insurance Up to $1,000 in coverage per insured person per trip toward the purchase of essentials such as clothes and toiletries if your baggage is delayed for over 4 hours or lost.

Questions about the MBNA Rewards World Elite® Mastercard®