MBNA Rewards World Elite® Mastercard®

This offer is only available to residents of Québec (Canadian residents outside of Québec eligible for separate offer) 

Flytrippers opinion: A great card for simple rewards and an excellent earn rate.
Flytrippers Valuation
of Welcome bonus (net value)

via MBNA secure application link
$ 80

Rewards: $200*

Card fee: $120

Earn MBNA Rewards
more simple rewards

Uses: for travel booked with MBNA
(addition of transfers coming soon)
How to unlock bonus
make 1 purchase (see non-QC offer)

(*minimum value: $200
*maximum value: $200)
Card eligibility
min. income: $80k (or $150k household)

Welcome bonus eligibility
must not have received this specific current offer
Terms and conditions apply. Flytrippers editorial opinion only. MBNA is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

Summary of Flytrippers' review

WHY GET THIS CARD

  • Welcome bonus of $280
  • Rewards of the more simple type that are very flexible and easy to use
  • Very lucrative transfer partner coming in 2024 to maximize the value of points
  • Excellent earn rates (5% on many categories)
  • Good insurance coverage

WHO SHOULD GET THIS CARD

  • Those who want simpler rewards with a fixed value
  • Those who want the price protection service

Card details

Welcome bonus structure (2 separate bonuses)

15,000 points Bonus after making 1 purchase (in a maximum of 3 months)
5,000 points Bonus after enrolling in paperless statements (in a maximum of 3 months)

20,000 points Total with the 2 parts of the bonus

Earn on the minimum spending requirement

0 points No earn on the minimum spending requirement (there is no minimum spending requirement)

Total rewards by unlocking the welcome bonus

20,000 points Welcome bonus + earn on the minimum spending requirement to unlock it

Apply for the MBNA Rewards World Elite® Mastercard®

Flytrippers Valuation of the welcome bonus
(at our Flytrippers Valuation of 1¢/pt)

$150 Welcome bonus (15,000 pts)
$50 Bonus for paperless statements (5,000 pts)
–$120 Card fee (deducted from Valuation)

$80 Total net value by unlocking the welcome bonus alone

Learn more about our Flytrippers Valuation of welcome bonuses

Effective return rate

*8000% Return since there is no minimum spending requirement ($80 on $— *or $1 for comparison)

‣Learn more about effective return rates (coming soon)

Rewards acquisition summary

$200 Rewards you get for $120

Apply for the MBNA Rewards World Elite® Mastercard®

Rewards from welcome bonus

You will have 20,000 MBNA Rewards points after unlocking the welcome bonus.

That gives you:

  • $200 in free travel at the Flytrippers Valuation

Concrete examples of redemptions

Here are the actual redemptions you can get with these rewards:

  • $200 as a simple travel credit that can be applied to any travel expense booked with MBNA Rewards Travel

‣Learn more about the best uses of MBNA Rewards points (coming soon)

Earn rates

5 points per $ (5%):

1 point per $ (1%):

  • Everywhere else

Multiplier rate of 5 pts/$ applies to a maximum of $50,000 in spending annually

Earning with additional cards

Fee for additional cards: $50
Quantity allowed: N/A
Minimum age: N/A

‣Learn more about additional cards (coming soon)

Birthday Bonus Points
Each year, you get 10% of the points earned in the 12 months before your birthday month as a bonus.

‣Learn more about the MBNA Birthday Bonus (coming soon)

Price protection service
If you find a lower price for an eligible item you purchased within 60 days, you’ll get a refund for the price difference (maximum $500 per item and $1000 total per year).

‣Learn more about the MBNA price protection service (coming soon)

10% discount on rental cars
Save 10% at Avis and Budget in Canada and the USA and at least 5% at international locations.

‣Learn more about the MBNA car rental benefit (coming soon)

Trip assistance and legal assistance
Support for emergency cash transfer, lost document and ticket replacement, lost baggage assistance, pre-trip information, and legal assistance while travelling.

‣Learn more about the MBNA trip/legal assistance (coming soon)

Concierge service
Concierge service helps you book travel, restaurant reservations, concerts and events, and more.

‣Learn more about the MBNA concierge (coming soon)

Insurance included

Medical travel insurance for 21 days (64 years and under)
Flight delay insurance ($500, 4hr min.)
Delayed/lost baggage insurance ($1000, 4hr min.)
Car rental insurance
Unexpected return home insurance
Travel accident insurance
Mobile device insurance
Purchase protection
Extended warranty

‣Learn more about the MBNA Rewards World Elite® Mastercard®’s insurance coverage (coming soon)

Insurance not included

Trip cancellation insurance
Trip interruption insurance
Hotel burglary insurance

‣Learn more about the different types of insurance coverage (coming soon)

Redemptions
MBNA Rewards points can be used as a simple travel credit (which can be applied to any travel expense booked through the MBNA Rewards Travel site).

Learn more about the MBNA Rewards program (coming soon)

Value
MBNA Rewards points are fixed-value rewards (fixed value of 1¢ per point).

Learn more about the value of MBNA Rewards points (coming soon)

Expiry
MBNA Rewards points never expire as long as you have the card. And even if you no longer have the card, you can easily extend the expiration indefinitely.

Learn more about MBNA Rewards points expiry (coming soon)

Pooling
MBNA Rewards points cannot be pooled with travel companions.

Learn more about pooling rewards (coming soon)

Transfers
MBNA Rewards points cannot be transferred to more valuable rewards programs.

Learn more about point transfers (coming soon)

Other redemption options
MBNA Rewards points can be used for rewards other than travel, but this should be avoided.

Learn more about why you should always use your rewards for travel (coming soon)

Rewards program logistics
MBNA Rewards points can be used directly on the MBNA website.

Learn more about how to get started with MBNA Rewards (coming soon)

Rewards program summary
Rewards: MBNA Rewards points
Type: Fixed-value rewards
Subtype: “Standard” fixed-value rewards
Variety: Bank rewards
Flytrippers Valuation: 1¢ per point
Minimum value: 1¢ per point
Maximum value: 1¢ per point
Transferable: No

Learn more about rewards programs basics (coming soon)

Card eligibility
Minimum income: $80,000 (personal) OR $150,000 (household)
Age: Majority in your province
Estimated credit score: Good or Excellent
Credit bureau: TransUnion Canada

Learn more about credit card eligibility requirements (coming soon)

Welcome bonus eligibility
You must not currently have the MBNA Rewards World Elite Mastercard

Learn more about credit card welcome bonus eligibility rules (coming soon)

Offer end date
Offer is subject to change at any time

Subscribe to Flytrippers’ free travel rewards newsletter to get all card updates

Card details
Issuer: MBNA Canada
Network: Mastercard
Card Type: Credit card
Product Type: Personal card

‣Learn more about credit card types (coming soon)

Fees and rates
Card fee: $120/year
Fee for additional card: $50
Foreign transaction fee: 2.5%
Purchases annual interest rate: 20.99%
Cash advance annual interest rate: 20.99%
Balance transfer annual interest rate: 20.99%
Cash advance fee: $5
Balance transfer fee: $5
Return payment fee: $48

Learn more about why Flytrippers recommends ignoring fees and rates (coming soon)

• Receive 15,000 bonus points†† ($125 in cash back value) after your first eligible purchase within the first 90 days of account opening 

• Receive 5,000 bonus points†† once enrolled for 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 earned in the 12 months before the month of your birthday, to a maximum Birthday Bonus each year of 15,000 Points.

• Redeem points‡ for brand-name merchandise, gift cards from participating retailers, cash back, charitable donations, and travel.

• Standard Annual Interest Rates of 20.99% on eligible purchases, 20.99% on balance transfers✪, and 20.99% on cash advances

  • Mobile Device Insurance***

With Mobile Device Insurance, you’ve got up to $1,000 in coverage for eligible mobile devices in the event of loss, theft, accidental damage or mechanical breakdown

• $120 annual fee. $50 Additional Card Annual Fee for one authorized user (if you have one). 

• To qualify, your personal annual income must be greater than $80,000, or your household annual income must be $150,000 or greater††††

††, ‡, ✪, ***, ††††, Terms and Conditions apply. 

This offer is only available to residents of Quebec.  For residents of other provinces/territories please click here. 

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.

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid
(it will open in a separate tab, or you can click here)

via MBNA secure application

*Beta version of card page. Sign up to get updated guide soon.*

Terms & conditions — Travel rewards

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All offers described on the Flytrippers website are subject to the financial institutions’ latest terms and conditions, which can be found on their official website. No efforts are spared to ensure this page is up to date but offers from financial institutions change quickly. It is your responsibility to ensure the accuracy of these offers on their website. Flytrippers will not accept any responsibility for the accuracy of the offers or the result of your actions.

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All articles, pages, and content on Flytrippers’ website are merely personal opinions of a general nature and are for informational purposes only and should not be considered advice for specific situations. It is your responsibility to perform your own personal research to ensure that travel rewards are appropriate for your own situation.

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