MBNA Smart Cash World Mastercard Review
Earn 5% Cash Back on gas and groceries for the first 6 months
Recommended Credit Score:
670 900
Average to Excellent
$100
Welcome Bonus Value
$39
Annual Fee
19.99%
Purchase Interest Rate
$60,000
Min Personal Required
MBNA Smart Cash World Mastercard
My Rate Compass Rating: star star star star_outline star_outline (3)
Bank Name:MBNA
Network Type:Mastercard
MBNA Smart Cash World Mastercard
Welcome Bonus
Earn 5% Cash Back on gas and groceries for the first 6 months
Annual Fee
$39
MBNA Smart Cash World Mastercard
Card Details

MBNA Smart Cash World Mastercard Review


Welcome offer
: Earn 5% cash Back on eligible gas and groceries purchases for the first 6 months(up to $150 in Cash Back)

Earn 2% on gas and groceries thereafter ($500 monthly spend cap)

Get 0.5% cash Back on all other eligible purchases

No Annual Fee

 

Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance Yes
  • Flight delay insurance,Baggage Insurance No
  • Vehicule rental insurance No
  • Travel accident insurance No
  • Travel medical insurance No
Fees and Eligibility
Fees
  • Annual Fee: $39
  • Additional Card Fee: $0
  • Purchases Interest Rate: 19.99%
  • Cash Advance Interest Rate: 24.99%
Eligibility
Personal Income Required: $60000
Household Income Required: $100000
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
670 900
Average to Excellent
Our Rating
My Rate Compass Rating: star star star star_outline star_outline (3)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
Add up to 9 authorized users with no additional annual fee for each added authorized user

Purchase Assurance

Extended Warranty Benefits

Includes Rental Vehicle Collision Damage Waiver Benefits

The MBNA Payment Plan can make it more convenient to pay for large purchases and manage your budget. Pay for eligible credit card purchases of $100 or over by making monthly payments. Choose from three Payment Plan terms: 6, 12 or 18 months. Conditions and fees apply.

Editor's Review

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.