How to Apply MBNA Rewards Platinum Plus Mastercard

The MBNA Rewards Platinum Plus Mastercard is a flexible credit card that was developed specifically for people living in Canada.
With a $0 annual fee, the card offers a range of benefits, including a generous welcome offer and various interest rates for different types of transactions. It aims to provide flexibility in earning and redeeming points, making it a suitable choice for those who value rewards and financial convenience.

Current offering at a glance. You will receive Birthday Bonus Points each year.

• You may redeem your points for a variety of different things, including cash back, travel, name-brand merchandise, gift cards from participating merchants, and charitable contributions.
• Zero annual fee.
• As long as your account is active and in good standing, the MBNA Rewards Points you earn will be valid indefinitely.

Managing your budget and making significant purchases can be easier with the MBNA Payment Plan. Make recurring payments of $100 or more each month for eligible credit card purchases. Select from the 6, 12, or 18-month Payment Plan terms. Fees and conditions apply.

• Welcome Offer. Until you reach $10,000 in annual spending, you can earn 4 points for every $1 you spend on qualified restaurant, supermarket, digital media, membership, and utility purchases. In addition to that, you have the potential to receive up to 10,000 bonus points. (Requirements Apply)
• Annual Fee. $0
• Interest: Purchases. 19.99%
• Interest: Cash Advances. 24.99%
• Interest: Balance Transfers & Access Cheques. 22.99%

Contact MBNA

General inquires, call: 1-888-876-6262 – Monday to Sunday, 7 a.m. to 12 a.m. EST.

MBNA Bank background and profile

MBNA, originally known as the Maryland Bank, National Association, is a U.S.-based bank that was founded in 1982. It gained prominence for its pioneering work in the credit card industry, particularly in issuing affinity and co-branded credit cards. In the early 2000s, MBNA was one of the largest independent credit card issuers in the world.

Key Points:

1. Acquisition by Bank of America: In 2006, MBNA was acquired by Bank of America and became part of its credit card division. This acquisition expanded Bank of America’s reach in the credit card market.
2. Operations in Canada: MBNA also has a significant presence in Canada, offering a variety of credit card products designed to meet the needs of different consumer segments. It operates as a division of The Toronto-Dominion Bank in Canada.
3. Innovative Products: MBNA has been known for its innovative financial products, especially in the credit card sector. It offers a range of cards with various rewards programs, interest rates, and other features tailored to different consumer needs.
4. Customer Focus: The bank has a reputation for customer-centric services, offering various online and offline channels for customer service and support.
5. Security Measures: MBNA takes security seriously, offering features like chip & PIN technology, mobile device insurance, and zero liability for unauthorized purchases to protect its customers.
6. Community Involvement: The institution has historically been involved in various community programs and charitable activities, although the specifics may vary by region and over time.
7. Regulatory Compliance: Being part of larger banking conglomerates, MBNA adheres to strict regulatory guidelines and financial standards, ensuring the safety and security of customer data and funds.
8. Diverse Offerings: Apart from credit cards, MBNA has also ventured into other financial products and services, although its primary focus remains on credit card issuance.
9. Global Reach: While it started as a U.S.-based institution, MBNA’s products are available in multiple countries, making it a global player in the financial services industry.
10. Digital Services: MBNA has embraced digital transformation, offering a range of online and mobile services to enhance customer experience and convenience.

MBNA has evolved over the years but continues to be a significant player in the credit card market, offering a variety of products to meet the diverse needs of consumers.

Benefits of MBNA Rewards Platinum Plus Mastercard

1. Generous Welcome Offer

The card offers a two-fold welcome bonus. First, you can earn 4 points per $1 spent on eligible categories like restaurant, grocery, digital media, membership, and household utility purchases until you reach an annual spend of $10,000. Additionally, you could receive up to 10,000 bonus points, subject to conditions.

2. No Annual Fee

One of the most attractive features of this card is the absence of an annual fee. This makes it cost-effective for cardholders who want to maximize their rewards without incurring a yearly charge.

3. Flexible Rewards Program

The card allows you to redeem points for a variety of options including cash back, brand-name merchandise, gift cards from participating retailers, charitable donations, and travel. This flexibility makes it easier to use your rewards in a way that best suits your lifestyle.

4. Competitive Interest Rates

The card has a 19.99% interest rate on purchases, 24.99% on cash advances, and 22.99% on balance transfers and access cheques. While these rates are fairly standard, they are competitive, especially considering the card’s other benefits.

5. Bonus Points for your Birthday

You will get an amount of Birthday Bonus Points equal to 10% of the amount of points you earned in the twelve months prior to the month which marks your birthday, with a maximum value of 10,000 bonus points per year. These points will be awarded to you every year.

6. Insurance for Mobile Devices and Equipment

The card provides coverage of up to $1,000 in the event that a covered mobile device is lost, stolen, accidentally damaged, or suffers from a mechanical breakdown.

Who’s eligible for the MBNA Rewards Platinum Plus Mastercard

The MBNA Rewards Platinum Plus Mastercard is open to all Canadian citizens who have reached the legal age in their province or territory.

How to obtain the MBNA Rewards Platinum Plus Mastercard

To apply for this card you just need to visit this page online from MBNA website, fill the form and submit. Upon sending, a MBNA representative will review your application and promptly reply to you.

Information you will need to provide

• First and last name
• Home address
• Housing status / monthly payment / Years at current address
• (SIN) Social insurance number  (optional)
• Date of Birth
• Mother’s name
• Email address
• Employment status
• Balance transfer request (optional)

Our Opinion

The MBNA Rewards Platinum Plus® Mastercard® is a great option for people who want a rewards program without an annual fee. From its large welcome offer to its flexible redemption possibilities, this card prioritizes the cardholder’s wants and lifestyle. The distinctive Birthday Bonus Points and mobile device insurance make this card a piece of mind and a reward for everyday shopping. This card has benefits for shrewd shoppers, frequent travelers, and financial flexibility. In a congested credit card market, the MBNA Rewards Platinum Plus® Mastercard® stands out for its value and adaptability.