Offers
Welcome Bonus
Eligible new applicants for the MBNA Rewards Platinum Plus Mastercard can receive a welcome bonus of up to 10,000 MBNA Rewards points:
- Earn 5,000 MBNA Rewards upon spending $500 in the first 90 days
- Earn 5,000 MBNA Rewards upon enrolling in paperless e-statements
- Plus, earn an additional 2x MBNA Rewards points on restaurant, grocery, digital media, membership, and household utility purchases for the first 90 days
FlyerFunds Rebate
Plus, if you apply for the MBNA Rewards Platinum Plus Mastercard through Frugal Flyer and are approved, you can receive an additional $75 paid directly to you.
Earning MBNA Rewards Points
The MBNA Rewards Platinum Plus Mastercard earns MBNA Rewards points for all purchases made on the card:
- 2 MBNA Rewards points for every dollar spent on restaurant, grocery, digital media, memberships, and household utility purchases (up to $10,000 in annual purchases per category).
- 1 MBNA Rewards point for every dollar spent on all other purchases.
Redeeming MBNA Rewards Points
MBNA Rewards points are best redeemed for travel purchases, as you will receive the maximum value of 100 MBNA Rewards points for $1 in value when booking through the MBNA Rewards Travel Portal.
Redeeming MBNA Rewards points for cash and charity donations can be done at a ratio of 120 MBNA Rewards points for $1 in value. MBNA Rewards points can also be redeemed for merchandise and gift cards at varying rates.
Benefits
MBNA Rewards Birthday Bonus
MBNA Rewards Platinum Plus Mastercard cardholders will receive 10% of their MBNA Rewards points earned over the past 12 months on their birthday, up to a maximum of 10,000 MBNA Rewards points.
Avis Rent A Car & Budget Rent A Car Discounts
MBNA Rewards Platinum Plus cardholders can receive a minimum of 10% off the base rates in Canada and the United States, and a minimum of 5% off the base rates internationally on qualifying car rentals at participating Avis & Budget locations.
Fees & Eligibility
| Personal Income | $0 |
| Household Income | $0 |
| Annual Fee | $0.00 |
| Foreign Exchange Fee | 2.50% |
| Purchase Rate | 19.99% |
| Cash Advance Rate | 24.99% |
| Balance Transfer Rate | 22.99% |
Insurance Coverage
The MBNA Rewards Platinum Plus Mastercard offers three types of insurance coverage:
- Mobile device insurance: $1,000 coverage for theft, loss, or accidental damage to your mobile device
- Extended warranty: Extend the manufacturer’s original warranty up to one additional year
- Purchase assurance: Coverage for accidental physical damage or theft for 90 days from the date of purchase (up to $60,000 per account lifetime)
Refer to the MBNA Rewards Platinum Plus Mastercard insurance certificate for additional details, including terms and conditions for eligibility.
Card Awards
Each year, we review the Canadian credit card market and determine which cards are worthy of extra recognition in our Best Credit Card Awards. In 2025, we selected the MBNA Rewards Platinum Plus Mastercard to receive the award Best Fixed Value Points Credit Card (No Annual Fee).
Top MBNA Cards
| Credit Card | ||
|---|---|---|
 |
30,000 MBNA Rewards and $125 FlyerFunds Estimated value: $425 |
|
 |
0 None and $75 FlyerFunds Estimated value: $75 |
|
Legal
†Terms and conditions apply. This offer is not available for residents of Quebec.
Important Notice: Effective from the first day of your statement period beginning September 2025 and reflected on your October 2025 statement:
- Standard Annual Interest Rates of 21.99% on eligible purchases, 22.99% on balance transfers✪, and 22.99% on cash advances
Disclaimer: these responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.