Are you looking to have financial independence with a reliable credit card? Look no further. An MBNA Credit Card is an excellent choice that will help jumpstart your road towards financial security.
With worldwide acceptance, the MBNA Credit Card not only offers cash back rewards, but it also gives you some of the lowest interest rates on the market. Best of all, there are no annual fees! To learn more about how to apply for a MBNA credit card, read on…
MBNA Credit Card Features and Benefits
To help you gain a better understanding of the wide selection of credit cards offered by MBNA, let’s take a look at one of their practical deals: the MBNA Smart Cash Platinum Plus Mastercard.
The MBNA Smart Cash Platinum Plus Mastercard is your best companion when it comes to saving money. For one, it gives you cash back on ALL your purchases! As part of their introductory offer, you can gain 5% cash back on gas and grocery purchases for the first 6 months!
After this, you will be given the regular rate of 2% cash back on eligible gas and grocery purchases (until the total gas and grocery purchases in the applicable month reaches $500). For all other eligible purchases, you are entitled to get a 0.5% cash back.
You can use this cash back in a variety of ways. Aside from using it as credit towards your statement account, you can also use it to make electronic deposits into your personal account. You can even help charitable institutions and organizations using your cash back rewards.
With worldwide acceptance, you can enjoy making purchases anywhere in the world. And with NO annual fees, you can surely put your saved amount to good use.
Applying for the MBNA Credit Card
Requesting your own MBNA Credit Card is easy. All you need to do is fill out the online application form found on MBNA website. In just a few minutes, you’ll know if you are eligible for the account.
To be eligible, you must be a Canadian resident and you must have a Canadian credit file. You must also be of legal age in your province or territory of residence. Lastly, you must have NO current record of bankruptcy and NO seriously delayed payments. You will also need to provide your proof of address and your employment details.
If your application is approved, you will be given a credit limit starting from $500 to $10,000 depending on your creditworthiness.
MBNA Credit Card Fees and Charges
- No Annual Fee
- Purchases: 19.99% p.a.
- Balance transfers and access cheques: 22.99% p.a.
- Cash advances: 24.99% p.a.
- Over the credit limit (to be charged on the Statement Closing Date): $25.00 per Statement Period.
- If your Minimum Payment is late twice within any  consecutive Statement Periods (the “change event”), the Standard Rate(s) that apply to your account at that time will increase % to a maximum of 29.99%. The new Standard Rate(s) will apply on the first day of the second Statement Period following the change event.
MBNA’s Address & Contact Details
Address: 1600 James Naismith Dr, Gloucester, ON K1B 5R3, Canada
To get in touch with MBNA, call 1-888-876-6262 (or 1-613-907-3505 if you’re dialing outside Canada).
From this, you can see that an MBNA Credit Card, particularly the MBNA Smart Cash Platinum Plus Mastercard is a great choice if you’re looking to get more from your every day expenses. From their cash back offerings and rewards, you are sure to get bang for your buck. Apply for card today to experience these benefits!
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.