MBNA Rewards World Elite

The MBNA Rewards World Elite card earns MBNA Rewards points and gives cardholders the opportunity to earn 5x MBNA Rewards on restaurant, grocery, digital media purchases, and more.

Rewards Rates

The MBNA Rewards World Elite credit card earns MBNA Rewards points for all purchases made on the card:

  • 5 MBNA Rewards points for every dollar spent on restaurant, grocery, digital media, memberships, and household utility purchases (up to $50,000 in annual purchases).
  • 1 MBNA Rewards point for every dollar spent on all other purchases.

Cardholders will also receive birthday bonus points. This bonus is equal to 10% of the total number of points earned in the 12 months leading up to the cardholder’s birthday. This bonus has a limit of 15,000 MBNA Rewards points.

Redeeming MBNA Rewards

MBNA Rewards points can be redeemed for travel, a statement credit, merchandise and gift cards.

Redeeming for travel purchases is the best value for your points as they can be redeemed at a rate of 100 MBNA Rewards points = $1 CAD.

If redeeming for statement credit, points can be redeemed at a rate of 120 MBNA Rewards points = $1 CAD.

Insurance Coverage

The MBNA Rewards World Elite credit card offers six types of insurance coverage:

  • Rental car collision damage waiver
  • Travel medical insurance
  • Delayed and lost baggage coverage
  • Flight and trip delay coverage
  • Mobile device insurance
  • Price protection coverage

Other Cards You Might Consider

Credit Card Welcome Bonus Net Value
TD Aeroplan Visa Infinite Privilege 115,000 Aeroplan $1,816 Apply
American Express Business Platinum 90,000 Membership Rewards $1,481 Apply
American Express Business Gold 70,000 Membership Rewards $1,341 Apply
CIBC Aeroplan Visa Infinite Privilege 90,000 Aeroplan $1,291 Apply
CIBC Aventura Visa Infinite Privilege 80,000 Aventura $1,261 Apply

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

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.