MBNA Smart Cash World Mastercard Review
Welcome offer: Earn 5% cash Back on eligible gas and groceries purchases for the first 6 months($500 monthly spend cap)
Earn 2% on gas and groceries thereafter ($500 monthly spend cap)
Get 0.5% cash Back on all other eligible purchases
No Annual Fee
Extended Warranty Benefits
This rewards card is considered to be much better than the MBNA Rewards Platinum Plus® Mastercard®, especially as it comes with an extremely appealing introductory offer: 5% cashback on groceries and gas for the first 6 months.
To get your hands on this card, you need to have a minimum annual income of $60k, or $100k per household. It also requires a $39 annual fee. However, once you get your hands on this excellent card, you'll be able to enjoy numerous perks.
After the first 6 months, you'll continue to earn 2% cashback on groceries and gas. The savings you can get can quickly amount to hundreds of dollars, especially during the first 6 months when you get 5% back. This means that you can recoup your first-year fee within just one month, and then make a profit each month.
Of course, this card does not only give you cash back for your purchases, but also includes rental vehicle collision damage, emergency services, 1-hour credit line coverage, purchase insurance, extended warranty, price protection, and Mastercard Zero liability.
Just like any other credit card from MBNA, the Smart Cash World Mastercard allows you to add up to 9 authorized users.