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
- 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
- Annual Fee: $39
- Additional Card Fee: $0
- Purchases Interest Rate: 19.99%
- Cash Advance Interest Rate: 24.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
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.
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.