MBNA Rewards World Elite Mastercard

Earn rates

• Restaurant, grocery, digital media, membership and household utilities5x

  5 points per $1, capped at $50,000 annual spend per category

• All other purchases1x

  Plus an annual Birthday Bonus of 10% of points earned in the prior 12 months (max 15,000 points)

Welcome offer

Earn up to 30,000 bonus MBNA Rewards Points

Bonus points

30,000

Minimum spend

$2,000

Spend window

90 days

Offer ends

—

20,000 bonus points after $2,000+ in eligible purchases within the first 90 days, plus 10,000 bonus points for enrolling in paperless e-statements within 90 days. One-time bonus per new account. Welcome offer not available to residents of Quebec.

Fees

Annual fee

$120

Additional card

$50

Foreign transaction fee

—

Interest rates

Purchase APR

21.99%

Cash advance APR

22.99%

Balance transfer APR

22.99%

Grace period

—

Rate effective date

—

Benefits & insurance

Lounge access

—

Insurance coverages

6

• Travel Medical Insurance (up to $2 million, first 21 days, under age 65)
• Delayed/Lost Baggage Insurance ($1,000)
• Flight/Trip Delay Insurance ($500)
• Mobile Device Insurance ($1,000)
• Price Protection ($500 per item, $1,000 annually)
• Rental Vehicle Collision Damage Waiver (up to 31 days)

Redemption & eligibility

Reward currency

MBNA Rewards Points

Redemption options

Cash back / charity (120 points = $1), Travel (100 points = $1), Gift cards and merchandise, Statement credit

Transfer partners

—

Min. personal income

$80,000

Min. household income

$150,000

Personal income greater than $80,000 OR household income of $150,000 or more. Canadian residents of the age of majority.